Shell has revealed a surge in quarterly profits on the back of the Middle East conflict but also given an update on costly war damage to its output. The oil and gas firm reported net profits of $6.9bn ...

Firm benefits from conflict to rake in $6.9bn as higher energy prices turbocharge profits Business live – latest updates Shell has reported better than expected profits of $6.9bn (£5bn) after its oil ...

LONDON, May 7 (Reuters) - Shell's (SHEL.L), opens new tab first-quarter profit beat estimates and hit its ‌highest in two years at $6.9 billion on Thursday, boosted by gains linked to the Middle East ...

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. By Gregory Schmidt and Rebecca F.

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Shell has become the latest energy giant to report a jump in profits following the sharp increase in oil prices since the beginning of the Iran war. It reported profits of $6.92bn (£5.1bn) for the ...

Shell CEO Wael Sawan said it will take a long time to recover the supply lost due to the Iran war. Demand for jet fuel in the airline industry has been curtailed around 5%, Sawan said. Oil executives ...

Raizen to sell Argentina downstream business to Mercuria for $1.42 billion Brazilian sugar and ethanol producer Raizen said on Thursday its subsidiary Raizen Energia had agreed ‌to sell its downstream ...

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