Shell has lowered its LNG production expectations for Q4 2024 to 6.8-7.2 million tonnes, down from 6.9-7.5 million tonnes, due to fewer cargo deliveries and lower feedgas. The company's share price fell by 2.12% following this update. Shell also anticipates integrated gas earnings of $1.2-$1.6bn and upstream earnings of $2.4-$3.1bn, alongside significant write-offs. The news is disappointing for investors, especially as Shell is under pressure to focus on its oil and gas business amidst rising interest rates and challenges in the offshore wind sector. Teljes cikk (Euronews.com)