Royal Dutch Shell plc Royal Dutch Shell Plc First -2- : vima

Royal Dutch Shell plc Royal Dutch Shell Plc First -2-


Provided by
Dow Jones
Apr 29, 2021 6:15 AM UTC
primarily driven by Adjusted Earnings before non-cash expenses including
depreciation, as well as favourable commodity derivatives impacts of
$867 million. This was partly offset by negative working capital
movements of $1,162 million.
Compared with the fourth quarter 2020, Integrated Gas Adjusted Earnings
primarily reflected higher realised prices for oil and LNG, partly
offset by higher operating expenses related to credit provisions.
Compared with the fourth quarter 2020, total oil and gas production
increased by 3% mainly due to the restart of production at the Prelude
floating LNG operations in Australia. LNG liquefaction volumes decreased
by 1% due to cargo timing, partly offset by the restart of production at

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