Shell has revealed a surge in quarterly profits on the back of the Middle East conflict but also given an update on costly war damage to its output. The oil and gas firm reported net profits of $6.9bn ...
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Oil giant Shell posted bumper profit of $6.92 billion through the first quarter as the Iran war sent fossil fuel prices soaring. The London-listed energy major cut the pace of its quarterly buyback to ...
LONDON, May 7 (Reuters) - Shell's (SHEL.L), opens new tab first-quarter profit beat estimates and hit its ‌highest in two years at $6.9 billion on Thursday, boosted by gains linked to the Middle East ...
Firm benefits from conflict to rake in $6.9bn as higher energy prices turbocharge profits Business live – latest updates Shell has reported better than expected profits of $6.9bn (£5bn) after its oil ...
Shell’s traders took advantage of whipsawing oil prices sparked by the Iran war to power the British energy major’s earnings to the best quarter in two years. Adjusted profits at Shell’s chemicals and ...
The oil giant’s earnings in the first three months of the year were more than double the previous quarter’s and follow similarly strong results of European rivals. By Gregory Schmidt and Rebecca F.
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Shell CEO Wael Sawan said it will take a long time to recover the supply lost due to the Iran war. Demand for jet fuel in the airline industry has been curtailed around 5%, Sawan said. Oil executives ...
MONACA, Pa. — Shell CEO Wael Sawan said Thursday the company was leaning into making a decision on its chemical division that includes Shell Polymers Monaca plant in Beaver County, although nothing ...
UK regulator says no evidence fuel retailers taking advantage of Middle East crisis Britain's competition regulator has found ‌no evidence that retailers had altered their fuel pricing strategies to ...
Shell has become the latest energy giant to report a jump in profits following the sharp increase in oil prices since the beginning of the Iran war. It reported profits of $6.92bn (£5.1bn) for the ...