Shell Boosts LNG Production Forecast As Refining Margins Surge
Shell plc (NYSE:SHEL) shares were trading higher premarket on Tuesday after the company revised its third-quarter outlook. The oil giant trimmed the guidance for production at Integrated Gas to around 910 and 950 thousand boe/d (versus the prior outlook of 910 – 970 thousand boe/d). The company expects Trading & Optimisation to be significantly higher than the second quarter of fiscal 2025 in the Integrated Gas segment. Also Read: Carney Cuts The Red Tape, Unveils Over $43 Billion In Flagship Projects On ...