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Shell, Refining Margins
Shell's Third-Quarter Refining Margins Drop Sharply
In a trading update ahead of its quarterly results on Oct. 31, Shell said its indicative refining margins dropped to $5.5 a barrel in the three months to the end of September from $7.7 a barrel in the previous period. Trading results for its chemicals and oil products division were expected to be lower than in the second quarter, Shell said.
Shell expects sharp drop in refining margins and higher liquid-natural-gas volumes
The energy giant said it expects to report a sharp drop in its refining margins when it posts its upcoming third quarter results on Oct. 31.
Shell Flags Weaker Third-Quarter Refining Margins, Chemical Loss
Shell Plc saw refining margins decline in the third quarter and expects to lose money in its chemicals business, a performance that reflects the broader weakening of the economy.
Shell's Refining Margins Drop 30% in Q3 Amid Global Demand Slowdown
Shell announced on October 7 that its refining margins plummeted by nearly 30% in the third quarter, driven by a global decline in demand and increased competition from new refineries. The company also reported lower
Shell’s refining margins tumble amid faltering demand
Shell’s refining margins tumble amid faltering demand - The margin cut comes after global oil demand slowed in recent months across both consumer and industrial sectors.
1d
Shell Employees Voice Their Ire in Company Survey as CEO Cuts Jobs to Drive Profits
Shell Plc employees excoriated the company’s leadership in response to an internal annual workforce survey as Chief Executive ...
23h
on MSN
Jeff Shell is about to lead Paramount. He may have runway to make bold changes he couldn't at NBC
Clues about what may be in store for Paramount Global can be seen in how Jeff Shell ran NBCUniversal — including some ideas ...
1d
US regulator denies Shell's request for older Venture Global LNG's documents
Shell on Thursday lost a bid to have U.S. regulators allow it to view nonpublic commissioning documents related to Venture ...
4d
Shell Expects Higher LNG Output But Flags Continued Refining Weakness
Shell said it expected to report that liquefied natural gas production rose in the third quarter, and that quarterly gas ...
Crude Oil Prices
1d
Shell Suffers Setback in Venture Global LNG Saga
A court denied Shell access to key documents in its legal battle against Venture Global, accused of prioritizing spot market ...
Nairametrics
1h
NNPC signs deal with Shell, Total, Agip to supply gas to $3.3 billion Brass Methanol plant
The Nigerian National Petroleum Corporation (NNPC) Limited, in collaboration with partners Shell, TotalEnergies, and Agip, ...
5d
on MSN
Shell says refining margins dropped sharply in third quarter
Shell's refining profit margins dropped sharply in the third quarter from the previous three months, while oil product ...
10d
Shell Shock festival criticized for Kyle Rittenhouse appearance: 'We do not discriminate'
Shell Shock Festival founder says "We do not discriminate" after a band dropped out over the participation of Kenosha shooter ...
LIVE
1h
LIVE: Multiple cordons erected at Thornaby Shell garage forecourt as police probe incident
Multiple cordons have been erected at Thornaby's Shell garage forecourt as police probe an incident.
5h
on MSN
Ghost in the Shell’s rad PS1 soundtrack is finally coming to the West
The soundtrack to the spider-bot-crawling 1997 Ghost in the Shell game adaptation is coming to the West for the first time.
Associated Press
12d
Profiles in clean energy: Former Shell VP helps create a new way of making clean electricity
Copyright 2024 The Associated Press. All Rights Reserved. Cindy Taff, right, and Brianna Byrd, left, with Sage Geosystems, a ...
Fleet Owner
21h
Shell launches Starship 3.0 with major efficiency gains in an ICE package
The Shell Starship 3.0, complete with a natural gas ICE powertrain, improves freight efficiency by tweaking current Class 8 ...
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