Shell trims LNG production Outlook for Q4

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 trims LNG production outlook for Q4, says O&G trading results to be lower
In a trading update ahead of its Q4 results, Shell (SHEL) said it expects Trading & Optimization results to be “significantly lower” than
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 LNG production outlook for Q4, warns of weaker oil, gas trading
Shell also said it would take $1.5 billion to $3 billion of non-cash, post-tax impairments, including up to $1.2 billion in its renewables division, linked to European and North American assets
Shell's LNG Production and Trading Outlook Dims Amid Strategic Shift
Shell has lowered its LNG production forecast and expects reduced trading results in Q4. Facing impairments and a strategic shift, including stepping back from offshore wind, Shell's performance contrasts sharply with past profits.
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 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 trading business will be lower than in the third quarter. The UK oil major,
Shell shareholders file resolution asking oil giant for transparency on LNG strategy, climate goals
The proposal calls out Shell’s plans to increase its sales of liquified natural gas and asks how the company justifies its ...
Edie17h
Shell accused of backing ‘carbon-neutral’ LNG claims with dud carbon credits
An investigation into carbon credits purchased by Shell to claim that dozens of its liquefied natural gas shipments were ...
CNBC Africa18m
Shell writes down Namibia oil discovery in blow to country
Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country’s efforts to become a crude producer.
Shell Faces Heavy Investor Scrutiny Over LNG Expansion Plans
SHEL faces investor backlash over concerns surrounding its LNG sales increase plan conflicting with its climate commitments.
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, ...
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 ...