The oil giant may find it hard to “close the gap” on rivals following the note on expected fourth-quarter earnings, one analyst claimed, while Greenpeace has urged van Beurden to take the opportunity to cut Shell’s losses on Arctic exploration.
Shell said it expects to make a net profit of $2.9 billion - on a current cost-of-supplies basis and excluding identified items of $700 million that would take it to $2.2