Shell PLC (LSE:SHEL, NYSE:SHEL) said its earnings from gas trading rebounded in the third quarter from the dip seen in the previous three-month period.
In a statement, the oil major said while production of liquid natural gas was affected by scheduled maintenance, trading and optimisation performed better than it did from March to June.
Earnings at the chemicals and marketing segments are expected to be in line with the weaker performance seen in the second quarter.
Shell forecast adjusted earnings in its Integrated Gas business between US$1.2-1.6 billion with production of 880-920k barrels of oil equivalents per day (boepd).
It predicted adjusted earnings between US$2.7-3.1 billion in its Upstream business with exploration well write-offs of around US$0.2 billion.
In Chemicals, the firm forecast an indicative refining margin of US$16/barrel and an indicative chemicals margin of US$116/barrel.