Shell expects $600 million hit from Rotterdam biofuels project cancellation
Core Viewpoint - Shell anticipates a $600 million impact in Q3 due to the abandonment of its biofuels project in Rotterdam while highlighting increased liquefied natural gas production and improved trading results [1] Group 1 - Shell expects a $600 million hit in the third quarter from abandoning its biofuels project in Rotterdam [1] - The company is flagging higher liquefied natural gas production [1] - Shell reported better trading results [1]