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Shell flags profit hit from weakness in gas trading
Gulf Today
|July 08, 2025
Shell expects quarterly earnings to be hit by weaker trading in its integrated gas division and losses at its chemicals and products operations, it said on Monday ahead of second-quarter results due on July 31.
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The energy group's chemicals business suffered unplanned maintenance at its Monaca polymer plant in the United States while trading in its chemicals and products business was significantly lower than in the first quarter, it said.
Shell shares were down 2.8 per cent at 25.54 pounds by 0824 GMT, against a 1.4 per cent decline for the wider European energy sector.
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