Shell’s profits more than double after jump in oil and gas prices
- Shell has recorded its second highest quarterly earnings on record as the energy market surge caused by the Middle East crisis helped to double its net profit to almost $10bn in the three months to June.
- Europe’s biggest oil and gas company reported a quarterly profit of $9.8bn (£7.4bn), more than double the figure for the second quarter last year and the highest since its record high earnings in the months after Russia’s invasion of Ukraine.
- The company behind plans to develop the Jackdaw gasfield in the North Sea revealed its earnings before a planned meeting between Britain’s new prime minist
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- Shell has recorded its second highest quarterly earnings on record as the energy market surge caused by the Middle East crisis helped to double its net profit to almost $10bn in the three months to June.
- Europe’s biggest oil and gas company reported a quarterly profit of $9.8bn (£7.4bn), more than double the figure for the second quarter last year and the highest since its record high earnings in the months after Russia’s invasion of Ukraine.
- The company behind plans to develop the Jackdaw gasfield in the North Sea revealed its earnings before a planned meeting between Britain’s new prime minist
Sources: Guardian