Shell has warned of a $1.3billion cashflow impact for the fourth quarter of 2024 due to payments of emissions certificates.

The energy giant said it expects to report significantly lower earnings in its integrated gas division and warned of a $1.3 billion charge due to emissions-permit payments in the fourth quarter. The U ...

Find insight on Shell, Galp, Phillips 66 and more in the latest Market Talks covering energy and utilities.

The energy major said on Wednesday that the charge is 'related to timing of payments of emissions certificates' in Germany ...

According to analysts at Jefferies, lower oil prices and refining margins should lead to lower earnings across the energy sector but higher gas prices should soften the hit. They forecast a 3% ...

The energy major also expects final quarter profits in its gas business to be ‘significantly lower’ than the previous three ...

Shell trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas trading ...

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