Shell Cuts Q1 LNG Production Outlook Ahead of Financial Results

Shell plc (SHEL) , one of the world’s leading energy companies, recently revised its liquefied natural gas (“LNG”) production outlook for the first quarter of 2025. This update comes as a result of severe weather disruptions, specifically cyclones, and unexpected maintenance issues at its facilities in Australia.In first-quarter 2025 update note, the London-based integrated oil and gas company now projects LNG output to fall within a range of 6.4-6.8 million metric tons for the first quarter. This represent ...