Shell swings back to profit as LNG sales fall but major is bailed out by much-maligned oil segment
Thursday, 29 October 2020
Royal Dutch Shell swung back to a much reduced profit in the third quarter after heavy write-downs in the previous quarter, reflecting lower realised prices for oil and LNG as cargo sales declined 9 percent due to the Prelude FLNG hull being shutdown offshore northwest Australia.
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- Royal Dutch Shell
- Shell oil
- Shell Integrated Gas
- Shell LNG
- Shell LNG sales
- Shell LNG output
- Shell LNG revenues
- Ben Van Beurden
- Queensland Curtis LNG
- Prelude FLNG
- Australian LNG projects
- Australia LNG exports
- Asian gas
- Shell LNG assets
- Shell oil outperforms
- Shell oil income
- Shell oil income is steady
- Shell emissions goals
- LNG Canada
- Shell Western Australian LNG
- Shell LNG liquefaction
