LNG

UK energy giant, Shell has reported robust CFFO of $13.2 bill for the fourth quarter of last year and a CFFO of $54.7 bill and free cash flow of $39.5 bill for the full year. 

Adjusted 4Q24 earnings of $3.7 bill reflected lower prices and margins, higher exploration well write-offs, and the non-cash impact of expiring hedging contracts on LNG trading and optimisation results.

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