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30.07.26 - 09:18
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Shell′s profits more than double after jump in oil and gas prices (The Guardian)
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Environmental groups renew calls for windfall tax to support households following Q2 earnings rise to $9.84bn Shell more than doubled its profit in its second quarter of the year, as Europe's biggest oil and gas company reaped the benefits from the jump in oil and gas prices triggered by war in the Middle East.The FTSE 100 company's net profit hit $9.84bn (£7.4bn) in the three months ended in June, more than double compared with the same period last year. Continue reading......
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07.05.26 - 19:06
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Outrage as oil giants profit billions from Iran war - The Latest (The Guardian)
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Shell has made $6.9bn in profits since the Iran war began, cashing in on soaring energy prices. The enormous profits have reignited calls for higher taxes on fossil fuel companies to fund support for those hardest hit by rising costs.Lucy Hough speaks to energy correspondent Jillian Ambrose. Continue reading......
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07.05.26 - 10:48
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Shell Q1 Profit Climbs, Production Down; Begins $3 Bln Buyback; Stock Down (RTTNews)
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Oil and gas major Shell Plc reported Thursday higher profit and adjusted EBITDA in its first quarter, while revenues and other income edged down amid weak production. Separately, Shell announced the commencement of a $3.0 billion share buyback programme. In London, the shares were losing around 2.8 percent. In pre-market activity on the NYSE, Shell shares were down 1.7 percent...
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07.05.26 - 10:18
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Shell Profit Rises as Oil Volatility Boosts Trading Unit (Bloomberg)
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Shell's profit surged in the first quarter as the Iran war drove oil and gas prices higher and an increase in volatility boosted the energy giant's trading business. Adjusted net income rose to $6.92 billion, the London-based company said in a statement. Bloomberg's Mitchell Ferman has more. (Source: Bloomberg)...
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