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flag Shell reports lower second-quarter profits due to drops in oil trading and reduced production guidance.

flag Shell is facing lower profits in the second quarter due to decreased contributions from its oil and gas trading operations, with shares dropping up to 3%. flag The company has also lowered its production guidance for integrated gas and LNG, citing volatile market conditions, scheduled maintenance, and the sale of its Nigerian unit. flag Despite these challenges, Shell maintains a strong financial position and continues to invest in renewable energy solutions.

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