Shell’s trading of integrated gas is expected to decline in Q2 2025 compared to Q1 2025, according to its operational results. The Company’s production recorded 927,000 barrels of oil equivalent per day (boe/d) in Q1 2025, and predicts the production of 900,000- 940,000 boe/d in Q2 2025.
Additionally, the company’s liquified natural gas production reached 6.6 million metric tons in Q1 2025, with projections ranging between 6.4 million to 6.8 million metric tons in Q2 2025.
Regarding upstream operations, Shell’s production stood at 1.85 million barrels of oil equivalent per day (mmboe/d), with guidance of 1.66 to 1.76 mmboe/d for Q2 2025.
The company also expected higher marketing adjusted earnings than Q1 2025. It stated that its sales volumes amounted to 2.67 million barrels per day (mmbl/d) in Q1, with an outlook ranging between 2.6 to 3 mmbl/d in Q2 2025.
In April 2025, Shell announced that its upstream production recorded 1.859 mmboe/d during Q4 2024 and its integrated gas production amounted to 905,000 boe/d during the same quarter.
Shell plc, is one of the world’s largest multinational energy companies. It operates in over 70 countries, with major business segments.