Prelude and QGC issues cost Shell US$363M

Prelude and QGC issues cost Shell US$363M

Company blasts expectations, posting US$39.9B earnings for 2022

Investment

03 FEBRUARY 2023
Shell takes output hit from Prelude and QGC

Shell takes output hit from Prelude and QGC

Profits to be significantly higher despite production drop

Production

09 JANUARY 2023
Weaker refining margins to squeeze Shell's third quarter profits

Weaker refining margins to squeeze Shell's third quarter profits

Oil trading remains solid but LNG and gas to be significantly lower

Outlook & analysis

07 OCTOBER 2022
 Cancelled Prelude turnaround could lead to "catastrophe": Unions 

Cancelled Prelude turnaround could lead to "catastrophe": Unions 

Shell says it cannot commit to large scale maintenance due to strike

Workforce

10 AUGUST 2022
Prelude turnaround cancelled for 2022 

Prelude turnaround cancelled for 2022 

Blames union strike for delayed turnaround 

Workforce

08 AUGUST 2022