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Shell braces for Q3 impact

Shell’s LNG and oil production volumes took a hit in the third quarter, as hurricanes buffeted upstream production in the Gulf of Mexico, while the low realised prices on its oil-linked LNG contracts finally took a hit from the typical months-long price lag.

Shell braces for Q3 impact

It has also flagged another round of impairments worth up to US$1.5 billion, following last quarter's $16.8 billion of impairments.  While its official quarterly results are not out yet, the Anglo-Dutch...

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