Shell Raises Its Third Quarter Gas Output Forecast

Oil giant Shell’s refining profits boom amid global squeeze

Shell expects to report strong results from oil trading in the third quarter as a squeeze on global fuel supplies drives refining margins to a record.

Shell raises Q3 gas output forecast

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Shell upgrades gas production outlook and says refining profit margins to grow

Shell said it was forecasting higher integrated gas production between July and September than previous guidance.

Shell sees refining margins hitting record high in third quarter

Oil companies are expected to reap a windfall from the Iran war as higher energy prices boost revenues Read more at The Business Times.

Shell eyes profit windfall from surging fuel prices

Shell is poised to reap major gains from its refining operations after the global surge in fuel prices dramatically ramped up the group’s profit margins. The blue-chip energy giant said on Wednesday it expects its indicative refining margin – the difference between the cost of crude oil and the market value of finished fuels like [...]

Shell raises its third quarter gas output forecast

Shell's third-quarter integrated gas production was expected to be about 740,000 to 780,000 barrels of oil equivalent per day, the company said today, compared with a previously expected a range of 570,000 to 630,000 boed.