Shell Plc issued an update to the second quarter outlook. Upstream production is now projected in a range of 1,660 - 1,760 kboe/d, and reflects scheduled maintenance and the completed sale of SPDC in Nigeria. Integrated Gas production is now expected in a range of 900 - 940 kboe/d.
Shell Plc noted that the Chemicals & Products segment adjusted earnings is expected to be below break-even in second quarter. The Chemicals sub-segment adjusted earnings are expected to be a loss. For Renewables and Energy Solutions, trading & optimisation is expected to be lower than first quarter.
For comments and feedback contact: editorial@rttnews.com
Business News
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.