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Shell reported a significant drop in first-quarter trading results for its integrated gas division compared to the previous quarter. Despite the decline, the earnings from gas trading remain high historically. The company benefited from increased LNG volumes from key projects, with oil and gas production expected to slightly exceed previous guidance for the quarter.
Shell Sees Weaker First-Quarter Results From Gas Trading Gas trading earnings are still strong by historical standards Company benefited from higher LNG volumes from key projects https://t.co/wU8Hss95KT
Shell expects oil and gas production across its Upstream and Integrated Gas business segments to come in slightly ahead of its previous guidance for the first three months of this year. #oott https://t.co/rIoiI1WRP0
Shell expects ‘significantly lower’ gas trading results in Q1 following bumper performance in Q4 https://t.co/6JEEaOxzlt
