hydrogen and biofuels, due to projections of weak returns. It is also exiting its European power retail businesses, which were seen only a few years ago as key to its energy transition. At the same time, Shell reported record profits of $40 billion last year on the back of strong oil an...
After record profits in 2022 driven by Russia's invasion of Ukraine, oil and gas prices have receded and company earnings have, too. For Shell, 2023 net income attributable to shareholders was $19.4 billion, down 54% YOY because of lower realized prices, volumes and refining margins, ...
Wael Sawan discusses Shell's record annual profits. It is just the latest energy company to announce record profits as prices rose in the wake of the invasion. This week oil and gas company Exxon Mobil recorded net profit in 2022 of $56bn (£45.25bn), a record high for the entire Wes...
‘Record’ profits likely to spark renewed calls for windfall taxes Energy giant Shell is set to announce record annual net profits of more than £32.3billion at its results on Thursday, on the back of high gas and oil prices. ByGEOFF HO:22:01, Sat, Jan 28, 2023| UPDATED: 22:31, ...
‘Record’ profits likely to spark renewed calls for windfall taxes Energy giant Shell is set to announce record annual net profits of more than £32.3billion at its results on Thursday, on the back of high gas and oil prices. By GEOFF HO: 22:01, Sat, Jan 28, 2023 | UPDATED: 22:...
‘Record’ profits likely to spark renewed calls for windfall taxes Energy giant Shell is set to announce record annual net profits of more than £32.3billion at its results on Thursday, on the back of high gas and oil prices. ByGEOFF HO:22:01, Sat, Jan 28, 2023| UPDATED: 22:31, ...
The energy giant still reported blockbuster results with $28 billion in profits in 2023, down 30% from the previous year’s record-breaking earnings. Shell also bumped up dividends to shareholders by 20% year over year in the final months of 2023, propelled by strong liquefied natural gas (...
Shell reports highest profits in 115 years Feb 2nd, 2023 by John Donovan. Comments are off for this post BBC NEWS Shell reports highest profits in 115 years Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia’s invasion of Ukrain...
Shell Profits Hit a Record [Pounds Sterling]4.3bnByline: BRIAN O'CONNORDaily Mail (London)
LONDON — Royal Dutch Shell more than tripled its profits in the second quarter to beat forecasts boosted by strong refining operations and a rise in oil prices. The Anglo-Dutch oil and gas company also reported a huge recovery in cash flow to $12.2 billion and a drop in debt as its co...