Shell smashes record again with $11.5 bln profit
28 Articles
28 Articles
Oil Giant Shell's Profits Soar to $11.5 Billion as UK Braces for Even Higher Energy Prices
Oil giant Shell on Thursday posted profits of more than $11 billion between April and June amid soaring energy prices, topping its already record-breaking previous quarter results. The London-headquartered company’s earnings come as households across the United Kingdom struggle with the rising cost of living and are prepared for yet another surge in energy bills after Russia cut off further gas flows to Europe. Shell said it had managed a strong…
Shell CEO defends record profits in face of rising energy bills
Ben van Beurden has claimed high oil and gas prices aren’t the sole reason for Shell (LON: SHEL) posting record for profits for the second quarter in a row.The post van Beurden defends record Shell profits in face of soaring energy bills appeared first on Energy Voice.
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