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Shell projects higher refinery utilisation in Q2 2025



Economy
Materials
2 May 2025 23:18 (UTC +04:00)

Photo: Shell


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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