Shell, Europe's largest oil and gas company, said on Friday
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Shell, Europe's largest oil and gas company, said on Friday it expects second-quarter trading at its gas division to be "significantly lower" compared with the previous quarter.
In an update ahead of its second-quarter results on July 27, the company also announced writedowns of up to $3 billion for the quarter, primarily driven by a 1% increase in the discount rate used for impairment testing.
(Reporting by Eva Mathews in Bengaluru; Editing by Krishna Chandra Eluri)
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