Reported 1 day ago
Shell plc has upgraded its LNG liquefaction volume forecast to 7.0 – 7.4 million metric tons, surpassing previous estimates, alongside an expectation of significantly higher trading and optimization results in the Integrated Gas sector. The company adjusted production guidance for Integrated Gas to 910 – 950 thousand boe/d and expects a refining margin of $11.6 per barrel. However, it also noted an anticipated loss in the chemicals segment and reduced its outlook for Marketing volumes due to a canceled biofuels project in Rotterdam.
Source: YAHOO