The oil giant expects Q2 production of 610,000 to 650,000 barrels of oil equivalent per day in its integrated gas arm, down from 909,000 boed in the first quarter due to the impact of the Middle East conflict on Qatari volumes. However, this was above its previous forecast for production of 580,000…
By Tharuniyaa Lakshmi and Johann M CherianEuropean shares were flat on Tuesday as gains in consumer-related stocks offset a selloff in AI-linked technology stocks, while investors watched a NATO summit in Turkey for signs of higher defence spending.The pan-European STOXX 600 index TVC:SXXP was up 0…
By Adam WhittakerShell's traders continue to benefit from volatility triggered by the conflict in the Middle East, but lost Qatari volumes have squeezed output, highlighting the conflict's uneven impact on the world's big energy companies.The British energy major said Tuesday that its gas-trading d…
By Adam WhittakerShell's traders continued to benefit from volatility triggered by the conflict in the Middle East in the second quarter, but lost Qatari volumes have dragged on gas output.The British energy major said its gas-trading division is expected to report significantly higher results than…
By Stephanie KellyShell LSE:SHEL slightly increased its guidance on Tuesday for its second-quarter integrated gas production, although output would be down sharply from the first three months of the year due to the impact of the Middle East conflict.The British oil major also expects trading and op…
Q2'26 production and LNG volumes are expected to decline due to Middle East disruptions, while trading and optimisation performance is set to improve. Refining and chemicals margins are forecast higher, but realised margins remain subdued. Working capital is projected to recover amid ongoing market…
By Adam WhittakerAdnoc Distribution said it has agreed to buy Shell's South African fuels business for $1 billion, including debt.The subsidiary of Abu Dhabi National Oil Company will acquire 580 fuel stations, as well as Shell's fuels lubricants businesses. It plans to continue to use the Shell br…
Shell LSE:SHEL slightly raised the second-quarter outlook for its integrated gas production in a trading update published on Tuesday, but production is expected to be lower than the previous quarter because of the impact of the Middle East conflict on Qatari volumes.Trading results at Shell's chemi…
Shell Had Seen 2Q Upstream Production 1.62M - 1.82M BOE/D
Shell Sees 2Q Upstream Production 1.75M-1.85M BOE/D
Shell Sees 2Q Marketing Adjusted Earnings in Line With 1Q
Shell Had Seen 2Q LNG Liquefaction Volumes 6.8M - 7.4M Tons
Shell Sees 2Q LNG Liquefaction Volumes 7.4M-7.8M Tons
Shell Had Seen Intergrated Gas Output 580,000 - 640,00 BOE/D
Shell Sees 2Q Intergrated Gas Output 610,000 - 650,00 BOE/D
Shell Sees Oil Trading In-Line With 1Q
Shell Highlights of 2Q Hit to Integrated Gas Production Due to Middle East Conflict on Qatari Volumes
Shell Sees 2Q Trading & Optimization in Integrated Gas Unit Significantly Higher Than 1Q
By Benoît Morenne | Photography by Ash Adams for WSJDILLINGHAM, Alaska — John Stelling had just cranked the digits of his fuel pump to $9.10 at his gas station in this remote Alaskan community when he realized he had a problem. Could he push the meter to $10 if he had to?"Not sure if it'll handle t…
