Due to bad weather conditions shell reduces your gas production expectations

British Energy Giant Shell The first quarter of the year has greatly reduced the expectations of the combined gas production, Due to adverse weatherAs hurricanes, Australia is already unexpected maintenance work. He believes that in the first three months of the year, the production of gas in the first three months of the year ranges from 930,000 to 990,000 barrels of barrels, equal to 910,000 to 950,000 barrels.

Nevertheless, This new forecast is an increase in 905,000 barrels In the fourth quarter of last year. Shell’s shares fell 4.7% on the London Stock Exchange on Monday afternoon. Due to the aforementioned factors, she also estimated shell sizes Liquid gas (LNG) descends in the first quarter of the year.

The company now forecasts production from 6.4 to 6.8 million Metric tonnes, compared to 6.6 to 7.2 million metric tonnes in the previous estimate. Climbing productionThis includes the extract of natural and crude gas, which ranges from 1.79 to 1.89 million barrels equivalent to oil per day. Oil is equal to 1.75 to 1.95 million barrels compared to the previous forecast.

“One of the strengths of Shell This is its dominant position in the natural gas industry Deceiving shareholders This part of the business will not work in full performance, ”AJ Bell’s Investment Director Rus Mold said.

“Under the presidency of Vel Sawan, The company tried to improve its results The Americans also make the shell better than his PP opponent, and he trades in the United Kingdom. Savan has focused on reducing costs, having costs and reducing net debt.

It has also reduced environmental investments It emphasized that everything done in this field should be a potential investment for its own qualifications, ”he added.

Shell is constantly focusing on oil and gas business

In the month of March, The shell provided a renewed strategy That was more focused on her Oil activities And gas. Over the next half decades, the company also expressed plans to increase profit for its shareholders, while reduced by high costs. The action is made The company’s effort to maintain the profitAnd well received by shareholders.

“We want to become the most important integrated gas and LNG company in the world and become the most customer -based energy marketer. At the same time a The main stage of liquid production. Today we are uploading the bar in our major financial purposes, we are investing in where we have competitive benefits, and we are offering more to our shareholders, ”she said in a statement.

Bb, its British competitor In the oil and gas industry, it has recently reduced investments for renewable energy, while increasing oil and gas. This is due to the growing pressure of investorsInvestors such as Elliott Management, in particular, have asked for their shareholders to increase profitability, and the climate enthusiasts should be terrified.