Shell reports higher than expected profits underpinned by almost 17 million tonnes of LNG sales
UK major Shell plc reported an increase in net profits for the first three months of the year as liquefied natural gas sales volumes rose by 6 percent on the previous quarter, though were slightly less than the same quarter of 2022.
Shell changes first-quarter outlook because of hits of up to $5Bln over impacts from activities in Russia
Shell plc, the leading LNG trader and oil and gas major, has issued a profits warnings saying that first-quarter 2022 results would include the post-tax impact of between $4 billion and $5 billion from impairments of non-current assets and additional charges relating to Russia activities.
Leading LNG trader Shell plc will be known as such on the London Stock Exchange from January 25
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 reports higher LNG and gas profits as price increases offset lower sales
Royal Dutch Shell reported 6 percent lower liquefied natural gas volume sales in the first quarter, though profits jumped 17 percent in the Integrated Gas Division because of higher prices and earnings from trading.
Shell LNG sales volumes rise to 71 million tonnes amid Prelude FLNG commissioning
Royal Dutch Shell said its annual LNG sales volumes rose by 8 percent to more than 71 million tonnes, including 17.39 million tonnes in the fourth quarter as higher prices boosted earnings and the Anglo-Dutch company progressed with commissioning of the Prelude floating LNG plant offshore northwest Australia.
Shell third-quarter Integrated Gas earnings surge as LNG revenues and volumes increase
Royal Dutch Shell posted a 10 percent increase in liquefied natural gas sales over the first nine months of 2018 and higher earnings and volumes in the third quarter as it confirmed the start of work on the LNG Canada export project in British Columbia.
