LONDON Jan 17 Royal Dutch Shell warned
on Friday that its fourth-quarter figures are expected to be
significantly lower than recent levels of profitability because
of current oil and gas prices and problems in the downstream
Shell, which missed analyst forecasts for its third-quarter
trading in October, said its fourth-quarter 2013 earnings on a
current cost of supplies basis excluding identified items are
expected to be about $2.9 billion.
"Our 2013 performance was not what I expect from Shell,"
Chief Executive Ben van Beurden commented.