Shell raises its gas production outlook and expects refining margins to grow

Summary

Shell said it was forecasting higher integrated gas production between July and September than in its previous guidance, and that its refining profit margins would grow. The energy group is poised to reap major gains from its refining operations after the global surge in fuel prices ramped up its profit margins.

Latest: Shell said it expects higher integrated gas production between July and September than previously guided, and growing refining profit margins.

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