European energy giant Shell (SHEL) on Thursday said that it expects to report higher oil and gas production in the fourth quarter while flagging that its oil trading performance significantly worsened ...
Shell anticipates its chemicals and products division will record a significant loss in the fourth quarter of 2025 due to a drop in chemicals margins and a non-cash deferred tax adjustment in a joint ...
The energy giant said results from trading would be 'significantly lower' than in the third quarter, helping to send its wider chemicals and products division to a loss.
Shell Plc said its oil trading performance worsened in the fourth quarter as crude prices slumped, adding to signs that Big Oil is heading into a tougher earnings season.