For its Q1 18, Royal Dutch Shell reported slightly higher than expected results at $5.3bn vs. $5.2bn. By division In the Integrated gas business, the group increased its clean earnings by 107% to €2.44bn thanks to higher contributions from trading, higher volumes and higher oil, gas and LNG prices. This more than offset the impact of higher operating expenses. Production increased by 31%, mainly due to higher volumes from Pearl GTL and Gorgon. In the Upstream division, clean earnings wer
09 May 2018
Excellent operational performance but worrying Refining trend
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Excellent operational performance but worrying Refining trend
Shell Plc (SHEL:LON) | 2,852 270.9 0.3% | Mkt Cap: 182,685m
- Published:
09 May 2018 -
Author:
Alexandre Andlauer -
Pages:
3
For its Q1 18, Royal Dutch Shell reported slightly higher than expected results at $5.3bn vs. $5.2bn. By division In the Integrated gas business, the group increased its clean earnings by 107% to €2.44bn thanks to higher contributions from trading, higher volumes and higher oil, gas and LNG prices. This more than offset the impact of higher operating expenses. Production increased by 31%, mainly due to higher volumes from Pearl GTL and Gorgon. In the Upstream division, clean earnings wer