Shell projects higher refinery utilisation in Q2 2025

May 3, 2025 - 06:00
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Shell projects higher refinery utilisation in Q2 2025
Shell is forecasting stronger refinery utilisation in the second quarter of 2025, aiming for up to 95% capacity, even as its chemicals segment continues to face pressure from weak margins and recent asset divestments. The outlook follows a mixed first quarter marked by a loss in adjusted earnings for the chemicals and products segment.

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