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31.07.25 - 10:24
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Shell profits down nearly a third after drop in oil prices (The Guardian)
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Fall to $4.26bn profit in second quarter beats City forecasts and oil firm says it will continue to buy back sharesProfits at Shell fell by nearly a third in the last quarter as the energy company was hit by a fall in earnings from oil and gas.Shell reported on Thursday morning that its adjusted earnings dropped to $4.26bn in the second quarter of this year, 32% less than the $6.29bn it made in April-June 2024 when energy prices were higher. This beat City forecasts of a larger drop in profits to $3.7bn. Continue reading......
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31.07.25 - 09:18
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Anger over Shell $4.3bn profits; Rolls-Royce earnings soar 50% - business live (The Guardian)
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Live, rolling coverage of business, economics and financial markets as FTSE 100 oil company pays out $5.7bn to shareholdersEuropean stock market indices have risen on Thursday morning. The FTSE 100 dipped in the opening trades in London, but a few minutes later it is up 0.2% – helped by a big 10% gain for Rolls-Royce after its latest profit upgrade.Here are the opening European snaps, via Reuters:EUROPE'S STOXX 600 UP 0.15%GERMANY'S DAX UP 0.32%FRANCE'S CAC 40 UP 0.1%; SPAIN'S IBEX UP 0.98%EURO STOXX INDEX UP 0.24%; EURO ZONE BLUE CHIPS UP 0.29%We are now in a new normal of record-breaking heat, created by corporations like Shell. This will mean devastation and mass loss of human life. Climate scientists have warned us that this new normal will spell the end of human civilization by 2100. It's time for destruction to stop raising billions in profit. Continue reading......
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31.07.25 - 09:01
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Shell CEO on Earnings, Crude Trading, LNG Demand (Bloomberg)
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Shell Plc Chief Executive Officer Wael Sawan discusses the company's performance as it reported adjusted net income for the second quarter of $4.26 billion. He also talks about market volatility, commodity prices, and LNG demand. Sawan speaks on Bloomberg Television....
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