Gorgon drives Shell’s 10% rise in liquefaction volumes

Shell registered an almost 50% increase in earnings in Q3 2017, while LNG liquefaction volumes increased by 10% Shell registered an almost 50% increase in earnings in Q3 2017, while LNG liquefaction volumes increased by 10%.
By Silvia Favasuli 2 November 2017 0 28214
Shell’s CCS earnings attributable to shareholders excluding identified items.

Anglo-Dutch company Shell registered an almost 50% increase in earnings in Q3 2017, to $4.1 billion. The figure was calculated in current-cost-of-supplies earnings attributable to shareholders excluding identified items – the company’s favoured measurement. Shell saw higher contributions from downstream, upstream and integrated gas sectors, but benefited mainly from the refining and chemical industry. Higher oil prices and new field production also played a role, Shell said in a note. 

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