Published 2 years ago

Shell smashes record again with $11.5 bln profit

Summary by Ground News

Shell reported adjusted earnings of $11.5 billion, making it back-to-back record quarters for the oil giant. Shell chief executive Ben van Beurden said high oil and gas prices aren't the sole reason for the company's record profits. He did however acknowledge that Shell's profits are substantial and that it has a responsibility to help the UK's energy security push.

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Reuters

Shell smashes record again with $11.5 bln profit

Shell posted record results on Thursday, with a $11.5 billion second-quarter profit smashing the mark it set only three months ago, lifted by strong gas trading and a tripling of refining profit.

2 years ago·United Kingdom

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abc News

Shell posts record earnings again as energy prices soar

Shell posted record profits Thursday for a second straight quarter as the energy giant benefited from soaring prices of oil and natural gas fueled by Russia’s war in Ukraine

2 years ago·United States

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Irish Independent

Shell posts record profits for second quarter running as energy prices stay high

Shell will return billions of dollars to its shareholders as it continues to profit from massive energy price hikes following the Russian invasion of Ukraine.

2 years ago·Ireland

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KRDO

Shell posts record earnings again as energy prices soar

LONDON (AP) — Shell posted record profits Thursday for a second straight quarter as the energy giant benefited from soaring prices of oil and natural gas fueled by Russia’s war in Ukraine. London-based Shell said it’s second-quarter adjusted earnings rose to $11.5 billion from $5.5 billion in the same three-month period last year. The latest earnings smash its record of $9.1 billion set in the previous quarter. Shell also said it would buy back …

2 years ago·Colorado Springs, United States

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KIFI

Shell posts record earnings again as energy prices soar - Local News 8

2 years ago·Idaho Falls, United States

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CNBC

Shell, Total continue buyback bonanza after record profits

Europe's oil giants Shell and TotalEnergies extended share buybacks after their second-quarter profits beat an already record-breaking previous quarter.

2 years ago·United States

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