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Shell second quarter 2025 update note
GlobeNewswire News Room· 2025-07-07 06:00
Core Insights - The company provides an updated outlook for Q2 2025, with expectations subject to finalization of results to be published on July 31, 2025 [1] Integrated Gas - Adjusted EBITDA production is expected to be between 900 - 940 kboe/d, down from 927 kboe/d in Q1 2025 [2] - LNG liquefaction volumes are projected to be between 6.4 - 6.8 million tonnes, slightly lower than 6.6 million tonnes in Q1 2025 [2] - Underlying operating expenses (opex) are expected to remain stable at 1.0 - 1.2 billion [2] - The taxation charge is anticipated to decrease to between 0.3 - 0.6 billion from 0.8 billion in Q1 2025 [2] Upstream - Production is forecasted to decline to between 1,660 - 1,760 kboe/d, down from 1,855 kboe/d in Q1 2025, due to scheduled maintenance and the sale of SPDC in Nigeria [4] - Underlying opex is expected to range from 1.9 - 2.5 billion [4] - The taxation charge is projected to decrease to between 1.6 - 2.4 billion from 2.6 billion in Q1 2025 [4] - Joint ventures and associates are expected to contribute approximately 0.2 billion in profit/loss, with exploration well write-offs estimated at 0.2 billion [4] Marketing - Sales volumes are expected to be between 2,600 - 3,000 kb/d, down from 2,674 kb/d in Q1 2025 [5] - Underlying opex is projected to be between 2.3 - 2.7 billion [5] - The taxation charge is expected to decrease to between 0.2 - 0.6 billion from 0.4 billion in Q1 2025 [5] - Adjusted earnings are anticipated to be higher than Q1 2025 [6] Chemicals and Products - The indicative refining margin is expected to increase to $8.9/bbl from $6.2/bbl in Q1 2025 [8][14] - The indicative chemicals margin is projected to rise to $166/tonne from $126/tonne in Q1 2025, although adjusted earnings are expected to be a loss [8][14] - Refinery utilization is expected to improve to between 92% - 96% from 85% in Q1 2025, while chemicals utilization is expected to decline to between 68% - 72% due to unplanned maintenance [8] Renewables and Energy Solutions - Adjusted earnings are expected to range from (0.4) - 0.2 billion, indicating a potential loss [9] Corporate - Adjusted earnings are projected to be between (0.6) - (0.4) billion, slightly worse than (0.5) billion in Q1 2025 [10] Shell Group - Cash flow from operations (CFFO) is expected to see tax payments between 2.8 - 3.6 billion, slightly lower than 2.9 billion in Q1 2025 [11] - Working capital movements are projected to range from (1) - 4 billion, compared to (2.7) billion in Q1 2025 [11] Guidance and Consensus - The company will publish consensus managed by Vara Research on July 23, 2025 [13]
Death toll rises to 79 after Texas flash flooding
NBC News· 2025-07-06 21:30
What I can tell you is several things. I had the opportunity yesterday to visit Camp Mystic and get to see firsthand what happened there as well as all the way downstream after that. And it was nothing short of horrific to see what those young children went through.and we will remain 100% dedicated searching for every single one of the children who were at Camp Mystic as well as anybody else and the entire uh riverbed you know to make sure that they're going to be recovered. We know that parents and familie ...
对话中国金融学会绿色金融专业委员会主任马骏:加快转型金融标准落地 直面绿色资产投融资痛点
Zheng Quan Shi Bao· 2025-07-06 18:18
根据《巴黎协定》要求,各国每5年必须向《联合国气候变化框架公约》秘书处提交国家自主贡献 (NDC)目标。今年以来,中国紧锣密鼓制定新的2035年NDC目标,将在第30届联合国气候变化大会 之前发布。新的量化目标将对中国绿色低碳转型发展提出更具体的要求,同样意味着各地区、各机构和 各企业都需要编制新的低碳转型规划。 近日,中国金融学会绿色金融专业委员会主任、北京绿色金融与可持续发展研究院院长马骏在2025中国 金融学会绿色金融专业委员会(以下简称"绿金委")年会暨绿色金融改革创新交流会期间接受证券时报 记者采访时透露,为了尽快在全国范围内落地转型金融框架,绿金委将积极配合中国人民银行的相关工 作,支持首批转型金融标准试用和落地,并同步支持第二批转型金融标准的编制工作。 在马骏看来,我国绿色金融已经取得长足进展,完善和提升绿色金融的下一个突破口在于发展转型金 融。目前定义下的绿色金融无法全面支持高碳行业向低碳转型,需要构建转型金融框架来引导更多社会 资本,加快转型金融标准的落地,丰富股权类转型金融产品。 推动ISSB准则 成为全球基准 证券时报记者:您如何评估美国退出《巴黎协定》对全球气候治理造成的影响?是否会进 ...
How Texas is searching for missing people amid flood devastation
NBC News· 2025-07-06 17:43
Rescue operations continue at a frantic pace here in the Texas Hill Country by land, air, and water. Helicopters, planes, drones, dogs, dive teams. It is all hands on deck to try and find people who may still be alive.Meanwhile, more heartbreaking updates as the death toll rises. Just here in Kirk County along the Guadalupe River, 59 people have been found dead, including 21 children. And we know 12 people are still missing from Camp Mystic alone, including 11 campers, those young girls, and one counselor.O ...
X @The Economist
The Economist· 2025-07-06 07:40
Kenya once set a fine example to the rest of Africa. The country now offers a how-to guide on smothering dissent. It could get worse https://t.co/f3TPWYRl5s ...
X @The Economist
The Economist· 2025-07-05 21:00
They are usually found in rural areas but may have been carried on livestock brought into the city for the Eid al-Adha festival, which fell in early June https://t.co/p8QbLv7XSr ...
‘A tool of autocrats’: Trump’s DOJ targets naturalized Americans
MSNBC· 2025-07-05 20:17
All right, joining me now is the aforementioned uh Cassandra Burke Robinson. She's a law professor at the Case Western Reserve University School of Law and director of the Center for Professional Ethics. Dino Badala is a host of the Dino Badala Show on SiriusXM, author of the Dean Report on Substack and columnist for the MSNBC Daily Newsletter. Before we start, just a heads up, we are uh continuing to wait for any updates out of this tragic story in Texas. We'll bring you anything you get we get as we get i ...
LIVE! Progress 92 ISS Docking
The Launch Pad· 2025-07-05 17:55
Watch LIVE as Roscosmos Progress MS-31 docks to the International Space Station on its ISS Resupply mission. Join our community Discord! https://discord.com/invite/xCm9UpDPE4 This coverage is made possible by our amazing community! Consider becoming a The Launch Pad Member and go behind the scenes with early video access, behind the scenes live streams and more! SUBSCRIBE to The Launch Pad! https://www.youtube.com/@TheLaunchPad SUBSCRIBE to TLP Space News! https://www.youtube.com/@thelaunchpadnews OUR MISSI ...
奇骏·荣誉打响东风日产“油电并进”第一枪
Zhong Guo Jing Ying Bao· 2025-07-05 04:19
在企业发展战略上,东风日产将继续坚持"双线并进"的路径:一方面巩固燃油车的市场根基,另一方面 加速布局新能源赛道。副总经理高政浩表示,东风日产将在燃油车领域保持领先地位,同时稳步推进电 动化转型。 7月2日,东风日产正式推出全新奇骏·荣誉车型,共计两款,官方指导价分别为16.08万元和16.68万元, 限时诚意价下探至11.98万元与12.58万元,性价比显著提升。 据东风日产汽车销售有限公司总经理刘新宇介绍,此次新车升级广泛吸纳用户反馈,在科技配置、内部 空间和外观设计等方面全面优化。作为日产全球战略车型,奇骏基于CMF平台打造专业级SUV底盘, 搭载Nissan Connect超智联2.0+系统,实现语音控制、远程监测、远程启停等智能功能,软硬件协同升 级,科技感显著提升。 在产品开发方面,日产计划大幅缩短研发周期:首款车型开发周期将压缩至37个月,家族化车型进一步 缩短至30个月。尤其针对中国市场,研发周期将缩减至24个月,并在保证品质与安全的前提下加快产品 迭代。同时,日产将通过70%的零部件复杂度削减、平台架构整合等手段,到2035财年将平台数量从13 个压缩至7个。 在销量表现方面,日产汽车在中国 ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-07-05 00:52
.@SpaceX is pushing humanity forward with reusable rockets, global Starlink, and the mission to reach Marshttps://t.co/7v9Lml4Eq3 ...