Shell Boosts LNG Production Forecast As Refining Margins Surge

Shell Boosts LNG Production Forecast As Refining Margins Surge

Shell shares rose after updating Q3 guidance, highlighting stronger Trading & Optimization and higher LNG liquefaction volumes. The company expects refinery margins to improve but warned of weaker chemicals performance and a $200โ€“$400 million hit from Brazilian asset rebalancing. Shares gained 0.58 premarket to $74.71.


User: Benzinga

Views: 11

Uploaded: 2025-10-07

Duration: 00:43