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© Reuters. General view of a Shell petrol station sign, in Milton Keynes, Britain, January 5, 2022. REUTERS/Andrew Boyers
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© Reuters. General view of a Shell petrol station sign, in Milton Keynes, Britain, January 5, 2022. REUTERS/Andrew Boyers
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LONDON (Reuters) – Shell (LON:) expects to pay about $2 billion in additional taxes in the fourth quarter of 2022 related to the European Union and British windfall taxes imposed on the energy sector.
Europe’s largest oil and gas company also said in an update ahead of its full year results on Feb. 3 that its liquefied (LNG) production in the quarter will be hit by prolonged outages at two major plants in Australia.
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