Shell Expects Lower Q1 Earnings From Natural Gas Trading ...Middle East

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Shell Expects Lower Q1 Earnings From Natural Gas Trading
source : OILPRICE ( Middle East ) () 114
Shell expects the trading results in its Integrated Gas division to be lower in the first quarter of 2024 compared to an exceptionally strong fourth quarter of 2023, the UK-based supermajor said in an earnings preview on Friday. The trading and optimization results in Integrated Gas “are expected to be strong, but significantly lower than an exceptional Q4’23,” the company said ahead of the results release on May 2.   In the chemicals and products division, however, Shell sees trading and optimization to have been…

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