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Royal Dutch Shell Plc (LSE:RDSA) | RNS | ROYAL DUTCH SHELL PLC 2ND QUARTER 2021 AND HALF YEAR UNAUDITED RESULTS

Royal Dutch Shell Plc (LSE:RDSA) | RNS | ROYAL DUTCH SHELL PLC 2ND QUARTER 2021 AND HALF YEAR UNAUDITED RESULTS
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Shell Sells Washington Refinery

Royal Dutch Shell s (NYSE: RDS.A) subsidiary, Equilon Enterprises LLC d/b/a Shell Oil Products U.S., has reached an agreement for the sale of its Puget Sound Refinery near Anacortes, Washington. Royal Dutch Shell’s (NYSE: RDS.A) subsidiary, Equilon Enterprises LLC d/b/a Shell Oil Products U.S., has reached an agreement for the sale of its Puget Sound Refinery near Anacortes, Washington. The refinery is being sold to a subsidiary of HollyFrontier Corporation, an independent refiner headquartered in Texas, for $350 million in cash, plus the value of the hydrocarbon inventory. This inventory will be valued at closing based on actual volumes and prevailing market prices, although its current value is said to range from $150 million to $180 million.

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ROYAL DUTCH SHELL PLC FIRST QUARTER 2021 UNAUDITED RESULTS

Press release content from Globe Newswire. The AP news staff was not involved in its creation. ROYAL DUTCH SHELL PLC FIRST QUARTER 2021 UNAUDITED RESULTS Shell International B.V.April 29, 2021 GMT Note 2 D 1. Q1 on Q4 change. 2. Adjusted Earnings is defined as income/(loss) attributable to shareholders plus cost of supplies adjustment (see Note 2) and excluding identified items (see Reference A). First quarter 2021 income attributable to Royal Dutch Shell plc shareholders was $5.7 billion, which included net gains on sale of assets of $1.4 billion and gains of $0.4 billion due to the fair value accounting of commodity derivatives, partly offset by redundancy and restructuring charges of $0.5 billion, mainly related to the restructuring plan named Reshape.

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Royal Dutch Shell plc Royal Dutch Shell Plc First Quarter 2021 Unaudited Results

Provided by Dow Jones Apr 29, 2021 6:15 AM UTC TIDMRDSA TIDMRDSB ROYAL DUTCH SHELL PLC 1ST QUARTER 2021 UNAUDITED RESULTS - SUMMARY OF UNAUDITED RESULTS Quarters $ million Q1 2021 Q4 2020 Q1 2020 %(1) Reference Income/(loss) attributable to 5,660 (4,014) (24) +241 shareholders CCS earnings attributable to 4,345 (4,478) 2,756 +197 shareholders Note 2 3,234 393 2,860 +724 Adjusted Earnings(2) A Cash flow from operating 8,294 6,287 14,851

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ROYAL DUTCH SHELL PLC FIRST QUARTER 2021 UNAUDITED RESULTS

ROYAL DUTCH SHELL PLC FIRST QUARTER 2021 UNAUDITED RESULTS
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Niger deltaNigeria generalUnited statesUnited kingdomDeer parkCity ofLindam coulterCrescent point energyCrescent point energy corpCommon facilities company pty ltdRegistrar of companiesTransnational corporation of nigeria plcShell groupEuropean unionBg groupRoyal dutch petroleum company