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flag Shell forecasts stronger Q3 earnings despite Brazil charge, citing improved gas trading, refining margins, and LNG volumes.

flag Shell expects stronger third-quarter earnings, driven by improved trading and optimization in its integrated gas division, with refining margins rising to $11.60 per barrel and LNG volumes forecast at 7–7.4 million metric tons. flag Upstream production is projected at 1.79–1.89 million oil-equivalent barrels per day, while a $200 million to $400 million charge from Brazil’s Tupi field redetermination will affect results. flag Despite challenges, Shell’s strong balance sheet supports its $3.5 billion quarterly buyback, with full results to be released October 30.

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