Shell's 1Q profit supported by LNG and refining
Shell delivered a better-than-expected profit for the first quarter of 2024, helped by a strong performance from its LNG and oil product businesses.
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Shell delivered a better-than-expected profit for the first quarter of 2024, helped by a strong performance from its LNG and oil product businesses.
TotalEnergies said it expects its oil and gas production to hold broadly steady in the second quarter as planned maintenance is partially offset by rising output from new projects in Brazil and Denmark.
Shell expects oil and gas production across its Upstream and Integrated Gas business segments to come in slightly ahead of its previous guidance for the first three months of this year.
The UK government plans to build new gas-fired power plants, as well as to extend the life of some "ageing unabated gas assets" where safe to do so, to ensure flexible power generation capacity, energy minister Claire Coutinho said today.