Shell Q3 earnings to be hit by Hurricane Ida

Shell Q3 earnings to be hit by Hurricane Ida
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08.10.2021

MOSCOW (MRC) -- Royal Dutch Shell warned of a USD400 million hit to third-quarter earnings from the damage caused by August's Hurricane Ida, said Hydrocarbonprocessing.However, in an update ahead of quarterly results this month, the oil major also flagged a boost to cashflows from soaring natural gas and electricity prices. Gas and power prices have been surging as tight gas supplies have

Full article at mrcplast.com

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