Shell warns of $1.3bn cash hit from emissions certificates payments

NAMPA / DPA
2025-01-08
London (PA Media/dpa) - The British oil and gas company Shell said it expects to take a $1.3 billion cash hit in the final quarter from payments for emissions certificates. The energy major said on Wednesday that the charge is "related to timing of payments of emissions certificates" in Germany and the United States. The London-listed company also said it expects profits in its gas business to be "significantly lower" in the fourth quarter than t......
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