LNG

Shell plc, the leading liquefied natural gas trader with nine-month cargo sales in 2021 of around 48 million tonnes, has now formally changed its name from Royal Dutch Shell and the London Stock Exchange will reflect the change of name on Tuesday, January 25.

Royal Dutch Shell, whose oil and gas operations include more than 60 million tonnes per annum of LNG sales, has warned that its third-quarter earnings would be hit by the impacts of Hurricane Ida in the US Gulf of Mexico and is expected to have an aggregate adverse impact of around $400 million.