Profit Warnings and Production Cuts: Shell Faces Tough Energy Headwinds
Rextag
JANUARY 9, 2025
30 earnings release, Shell revealed plans to book a noncash post-tax impairment of $1.5 ADJUSTED PRODUCTION AND VOLUME FORECASTS Shell also reduced its integrated gas production outlook for the fourth quarter to 880,000 and 920,000 oil-equivalent daily barrels, citing scheduled maintenance at a Qatar-based facility. million barrels.
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