Shell Warns of Significantly Lower Integrated Gas Earnings, Cuts Production Guidance
The energy giant said it expects to report significantly lower earnings in its integrated gas division and warned of a $1.3 billion charge due to emissions-permit payments in the fourth quarter.
Shell cuts production forecast for LNG, warns weaker Q4
Shell ( NYSE: SHEL) trimmed its Q4 forecast; reduced its LNG production forecast to between 6.8 and 7.2 million metric tons, down from a previous estimate of 6.9 to 7.5 million metric tons, and lower than Q3's 7.5 million metric tons. It sighted lower feedgas deliveries and fewer cargos shipments.
Shell Trims Q4 LNG Production Outlook
Shell, the world's largest trader of liquefied natural gas, trimmed its LNG production forecast for the quarter to 6.8-7.2 million metric tons, from a previous forecast of 6.9-7.5 million tons. Copyright 2025 Thomson Reuters.
Shell Flags Weaker Q4 LNG Output and Significantly Lower Trading
Shell expects lower profits in the fourth quarter of 2024 due to seasonality, timing issues, and a $1.3 billion charge, impacting LNG production, trading, and renewables.
Wall Street Breakfast Podcast: Shell Lowers Q4 Outlook, Trims LNG Output
Shell cuts production forecast for LNG, warns weaker Q4. Goodyear to sell Dunlop brand to Sumitomo Rubber in $701M deal. Delta to link SkyMiles program to Uber, ending Lyft partnership.
Shell warns of weaker fourth quarter LNG, oil trading
Shell trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas trading results are expected to be significantly lower than in the previous three months.
Shell cuts production forecast for LNG
Shell has cut its liquefied natural gas production forecast for the fourth quarter of 2024 and warned that results from its ...
Shell cuts LNG outlook, with more write-offs due for 2024 year end
Oil and gas giant Shell has reduced its estimates for liquefied natural gas (LNG) production for the last quarter of 2024, ...
Shell takes $1.3bn emissions payments hit amid 'significantly lower' profits
Shell has warned of a $1.3billion cashflow impact for the fourth quarter of 2024 due to payments of emissions certificates.
Shell’s Pyrrhic victory may well set the stage for more corporate climate accountability
As world leaders gather in Baku for the annual UN climate conference, global efforts to fix one of the most intractable ...
Shell fourth quarter 2024 update note
The following is an update to the fourth quarter 2024 outlook and gives an overview of our current expectations for the fourth quarter. Outlooks ...
Shell stocks set for seven straight sessions of gains
Shares of Shell (NYSE:SHEL) were on track for their seventh straight session of gains on Tuesday, as the stock rose more than ...
Shareholders' climate resolution challenges 'disconnect' in Shell's LNG strategy
Shell's plans to increase sales of liquefied natural gas (LNG) have been called into question by a by major group of ...
Man’s date steals his car outside Shell station; loud woman repeatedly misidentifies herself: Brook Park police blotter
An unidentified woman stole a 2009 Nissan Sentra Dec. 21 from outside Shell, 13030 Brookpark. Also, a Cleveland woman was ...