Anglo-Dutch supermajor Shell said this week that it expects to take charges in in its upcoming third-quarter earnings report, namely a net $700 million to $850 million under its corporate segment, excluding currency exchange effects, writes Kathrine Schmidt.

Shell said it was introducing a trading update to its reporting strategy in an effort to improve transparency.

The company said that its integrated gas division is expected to post production of between 930,000 and 960,000 barrels of oil equivalent per day, while liquefaction volumes are expected to range between 9 million and 9.30