Shell Sees Significant Boost to Fourth-Quarter Gas Trading.

Shell Plc anticipates higher earnings in gas trading for the fourth quarter of 2023, primarily driven by seasonal market dynamics and increased production of liquefied natural gas. However, the company also expects lower profits from its chemicals and oil products division, with a projected loss for the segment. Shell's cash flow from operations may also be impacted by a $900 million charge.

January 08, 2024
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