That was almost three times as much as what businesses producing and refining oil in the United States made in the same period in 2025.
Category: Shell Plc
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U.S. Oil Industry Earned Over $130 Billion in Profit During Iran War
The New York Times – Business: -
Shell Reports Nearly $7 Billion Profit After Oil Prices Surged Amid U.S.-Iran War
The New York Times – Business:The oil giant’s earnings in the first three months of the year were more than double the previous quarter’s and follow similarly strong results of European rivals.
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Why Gas Prices Go Up Fast and Take So Long to Fall
The New York Times – Business:Fuel station owners take some of the hit for consumers when oil prices surge. On the way down, they try to get their money back.
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Venezuela’s Oil Riches Are Years Off, but Winners and Losers Will Emerge
Companies that already have operations in the country stand to benefit, but those that have profited from a standoff between Caracas and Washington could lose out.
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Trump’s $100 Billion Venezuela Oil Plan Gets a Cool Reception
President Trump met with oil and gas executives on Friday in an effort to push them to invest money in Venezuela, a plan many of them are reluctant to embrace.
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Wary of Investing in Venezuela, Big Oil Heads to the White House
The amounts of money, time and political uncertainty trouble executives at large Western oil companies, who plan to meet with President Trump on Friday.
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After Climate Push, Energy Companies Return to Fossil Fuels in Europe
Recent oil and gas deals in Europe suggest that the growing demand for energy may be leading companies to adopt a more pragmatic approach.
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Norway’s Hedged Bet on Europe’s Energy Future: A Garbage Disposal for Emissions
A business called Northern Lights is seen as a model for efforts to pump carbon dioxide deep into wells, but high costs remain an obstacle.
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Trump Urges the U.K. to Drill More Oil, Criticizing Its Energy Policy
President Trump said the North Sea was a “treasure chest,” but its high taxes were driving away oil producers.
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BP, Once a Hunter in the Oil Industry, Is Now Prey. What Went Wrong?
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside.