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 on Wednesday, compared with a previously expected a range of 570,000 to 630,000 boed.
The latest trading day saw Shell (SHEL) settling at $97.62, representing a +1.14% change from its previous close.
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SHEL, EQNR and TTE-backed Northern Lights JV adds new Swedish customer, expanding cross-border CO2 transport and storage across Europe.
SHEL greenlights LNG Canada Phase 2, doubling capacity to 28 mtpa and securing nearly 6 mtpa of additional LNG from the project.
Shell-led consortium gives the green light to LNG Canada expansion, doubling production capacity to roughly 28 million metric tons a year. The investment puts Canada on course to become a leading LNG exporter as global supply disruptions sharpen focus on energy security.
The British energy major said it would build two additional liquefaction plants to double production capacity to 28 million metric tons a year as it bets on growing gas demand in Asia.
British energy major Shell and Trinidad and Tobago's National Gas Company have agreed terms for natural gas supplies from Shell's Aphrodite field, ending a pricing dispute that had delayed the project, NGC Chairman Gerald Ramdeen told Reuters on Wednesday.
BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) fell in early London trading as crude oil prices dropped more than 2% amid recovering Saudi Arabian exports and hopes of renewed US-Iran diplomacy.
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