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In the UK North Sea, Shell's recent post-well analysis of the Pensacola gas prospect revealed a nearly doubled estimate of oil and gas resources.
The cargo will be delivered by Shell Eastern Trading Pte. Ltd., a Singapore-based unit of the British company, by September.
erry's comments come in response to recent statements by Shell's CEO, who emphasized the need for future oil investments.
Shell Plc anticipates a significant decrease in earnings from natural gas trading in the second quarter of this year, primarily due to seasonal shifts in the market.
Oil giant Shell has issued a warning against cutting oil and gas production, claiming that such a move would be "dangerous and irresponsible."
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