Shell's profits surge amid 12 percent rise in LNG sales and details Russian market exit measures and costs
Shell reported an almost three-fold jump in earnings to $9.1 billion compared with $3.2Bln in the same three months of 2021 as quarterly LNG sales increased along with oil and refined product prices.
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.
LNG player Shell sets out timetable for corporate changes including share issues and first UK board meeting
Royal Dutch Shell, one of the world's leading oil and gas majors and LNG trading companies, has issued a timetable of corporate changes, including the dropping of the word “Royal Dutch” from its title and becoming a UK-based public limited company to be known from the third week in January 2022 as Shell plc.
Shell gives cautious Integrated Gas earnings forecast and cites impacts of trading and LNG shutdowns
Royal Dutch Shell has given an update on its second-quarter outlook with the Integrated Gas division, including LNG, expected to have trading and optimisation results significantly below average and similar to the first quarter of 2021 because of unplanned maintenance at LNG plants.
First Singapore LNG bunkering vessel owned by Shell and Keppel launched at Nantong shipyard in China
The first Singapore LNG bunkering vessel owned by Shell Eastern Petroleum and Keppel Offshore and Marine Ltd has been launched at the Keppel Nantong Shipyard in China.
Royal Dutch Shell and independent Chinese energy company plan LNG trading joint venture
Royal Dutch Shell and the privately-owned Chinese company, GCL Oil & Natural Gas Co., have signed an agreement to explore the establishment of a joint venture based in eastern China to market and trade liquefied natural gas.
Shell 2021 cargo tender
April 14 (LNGJ) - Shell Eastern Trading Pte Ltd, the Singapore-based trading unit of Royal Dutch Shell, has offered LNG cargoes for loading from 2021 onwards for a period of at least five years through a tender, according to executives.
The firm has apparently issued a five-year strip tender offering four cargoes a year from 2021 onwards with an option to extend for another five years. The Shell tender closes on May 18 and the volumes would likely come from Australia, where Shell owns the Queensland Curtis LNG plant and Prelude FLNG as well as having offtake from several other Australian projects.
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.
