OUTLOOK FOR THE THIRD QUARTER 2025
- Full year 2024 cash capital expenditure was $21 billion. Our cash capital expenditure range for the full year 2025 is expected to be within $20 - $22 billion.
- Integrated Gas production is expected to be approximately 910 - 970 thousand boe/d.
- LNG liquefaction volumes are expected to be approximately 6.7 - 7.3 million tonnes. Upstream production is expected to be approximately 1,700 - 1,900 thousand boe/d.
- Marketing sales volumes are expected to be approximately 2,600 - 3,100 thousand b/d. Refinery utilisation is expected to be approximately 88% - 96%.
- Chemicals manufacturing plant utilisation is expected to be approximately 78% - 86%.
- Corporate Adjusted Earnings1 were a net expense of $463 million for the second quarter 2025.
- Corporate Adjusted Earnings are expected to be a net expense of approximately $500 - $700 million in the third quarter 2025