Royal Dutch Shell Plc  .com Rotating Header Image

Shell massively expands natural gas business – just as sector tanks

Screen Shot 2016-02-05 at 21.19.49

Terry Macalister Energy editor: Friday 5 February 2016 13.43 GMT

Shell is about to massively increase its exposure to the liquefied natural gas (LNG) market just as profits in the sector dive, according to new figures from BG.

BG – the former international exploration and production arm of British Gas, which will become part of Shell in 10 days in a $35bn (£24bn) merger – ramped up its LNG shipments by nearly 60% in 2015, only to see earnings from this side of its business plunge by 67%.

FULL ARTICLE

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.