Key facts: Shell's shares rose 2% to 2,793 pence after a strong Q3 update, driven by higher gas volumes and trading contributions. Year-to-date, shares are up 13%.
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- Shell's shares rose 2% to 2,793 pence after a strong Q3 update, driven by higher gas volumes and trading contributions. Year-to-date, shares are up 13%.1
- Shell expects a $600 million hit in Q3 from scrapping its Rotterdam biofuels project. The firm also noted higher liquefied natural gas output and better gas trading results.2
- Shell has revised its third-quarter gas production forecast to 910,000-950,000 oil-equivalent barrels per day, down from the prior estimate of 913,000.3