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Evening Standard
Evening Standard
Business
Holly Williams

YOU WONT BELIEVE: Shell trims gas outlook in volatile market - What They Never Told You

Shell British Petroleum Oil

Shell has said it expects lower trading and production results for its integrated gas division as the firm battles amid a volatile wider market.

The group – which recently denied speculation it was considering making a bid for rival BP – trimmed the top end of its production guidance for the integrated natural gas division to 900,000 to 940,000 barrels of oil equivalent per day (boe/d) for the second quarter, compared with a range of 890,000 to 950,000 previously given.

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