Shell Reports Sharply Lower Earnings as Energy Prices Ease
After a record-breaking profit last year, Shell’s quarterly earnings fell 56 percent. But the energy provider will increase dividend payments.
Posted inBP Plc Company Reports Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Sawan, Wael Shell Plc Total SA
Shell Reports $9.6 Billion Profit, Despite Falling Oil Prices
The oil and gas giant said its earnings, which exceeded analysts’ expectations, were bolstered by strong energy trading.
Posted inCompany Reports Global Warming Great Britain Natural Gas Oil (Petroleum) and Gasoline Sawan, Wael Shell Plc
Shell’s Profit Soared to $42 Billion in 2022
The record haul, pushed by high energy prices and a hunger for liquefied natural gas, came as a new chief signaled a more “balanced approach” to renewable energy.