The bumper result comes as energy majors receive a profit boost from soaring fossil fuel prices amid the Iran war.
Environmentalists renew calls for windfall tax to support households after Q2 earnings rise to almost $10bn ...
At a conference, Shell CEO Wael Sawan recently said his company believes oil prices are headed higher in the long term. The company believes an all-of-the-above strategy will be needed to meet global ...
Shell's profits for this quarter doubled year on year, as multinational energy companies enjoy a windfall as a result of soaring gas prices since the Iran war.
Quarterly profits, Shell’s highest since 2023, were driven by higher prices for oil and gas amid the Middle East conflict. Brent crude spiked at $126 per barrel in April and stood above $91 on ...
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Shell's net profit more than doubled from last year ​to $9.84 billion in the second quarter, beating expectations, helped by ...
Shell’s CEO, Wael Sawan, believes oil and gas prices will keep rising well after the current Middle East conflict ends. That’s largely due to the expectation that global oil demand will continue to ...
Five months to the day after the president boasted that he had “stabilized” oil prices, he sent a very different signal to American consumers.
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