Oil major Shell launches $3.5 billion share buyback after first-quarter profit beat

According to the original report, the oil company Shell is facing a new fiscal challenge. The expansion of the so-called energy earnings tax – or windfall tax – could cost them an additional $509 million by 2030.This measure was announced by Chancellor Rachel Reeves, and not only prolongs the duration of the tax one more year, but also increases the tax rate for North Sea producers from 75% to 78%. Financial impact on large oil companies Already…

Shell's First Quarter Earnings Witness 25% Drop in 2025 - Real News Now

The first quarter earnings of giant energy corporation Shell took a nosedive of more than 25% in 2025 due to a significant dip in energy prices and refining margins. The recent financial report showcases an adjusted income of roughly $5.6 billion, plummeting from last year’s impressive $7.7 billion. However, even in the face of a substantial drop, the corporation managed to outdo market predictions, which projected earnings at just shy of $5 bil…

Shell keeps share buybacks steady as first-quarter profit tops expectations

Shell said it would buy back shares worth US$3.5-billion over the next three months, the 14th consecutive quarter of a buyback program of at least US$3-billion

Shell reveals lower profits after slump in oil prices

Chief executive Wael Sawan said Shell ‘delivered another solid set of results in the first quarter of 2025’.

Shell net profit sinks 35% in first-quarter as oil prices fall

British energy giant Shell on Friday reported a sharp drop in first-quarter net profit as it was hit by weaker oil prices but pushed ahead with shareholder returns.

Shell to hand $3.5bn to shareholders despite fall in profits

First-quarter adjusted earnings drop 28% but defy gloomier analyst forecasts