Royal Dutch Shell plc provided earnings guidance for the fourth quarter and full year of 2013. For the quarter, the company expects results are expected to be significantly lower than recent levels of profitability, considering current oil and gas prices and the downstream oil products industry environment. Shell's fourth quarter 2013 earnings on a current cost of supplies basis excluding identified items are expected to be approximately $2.9 billion and were impacted by weak industry conditions in downstream oil products, higher exploration expenses and lower upstream volumes. When Shell announces its results on January 30, 2014, fourth quarter 2013 CCS earnings are expected to be approximately $2.2 billion. Excluding identified items, fourth quarter 2013 CCS earnings are expected to be approximately $2.9 billion, reflecting lower results in each of Upstream, Downstream and Corporate compared with the fourth quarter 2012. Cash flow from operating activities is expected to be approximately $6.0 billion. Excluding working capital movements, cash flow from operating activities is expected to be approximately $7.7 billion. Net capital investment is expected to be approximately $15.8 billion. Income attributable to shareholders is to be $1.8 billion.

For the full year, when Shell announced its results on January 30, 2014, CCS earnings are expected to be approximately $16.8 billion. CCS earnings excluding identified items are expected to be approximately $19.5 billion, reflecting lower results in both Upstream and Downstream compared with the full year 2012. Cash flow from operating activities is expected to be approximately $40.4 billion. Excluding working capital movements, cash flow from operating activities is approximately $37.5 billion. Net capital investment is expected to be approximately $44.3 billion. Income attributable to shareholders is to be $16.4 billion.

Fourth quarter of 2013, identified items are expected to be a net charge of approximately $0.7 billion, mainly reflecting impairments in Upstream.