Shell has reduced its gas production expectations for Q1 due to adverse weather and maintenance issues in Australia, now estimating production between 910,000 and 950,000 barrels per day. This is a decrease from earlier estimates but an increase from Q4 output. Shell's share price fell by 4.7%. The company also expects a decline in liquefied natural gas volumes. CEO Wael Sawan is focusing on cost-cutting and shareholder returns, while rival BP is also reducing renewable energy spending. Teljes cikk (Euronews.com)