Shell profits double
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Shell reports $9.8 billion in adjusted earnings as energy prices surge
Shell more than doubled second-quarter earnings, beating expectations as higher oil and gas prices, record refinery utilization, and strong trading offset lower LNG production.
Shell's (SHEL) Pernis oil refinery, the biggest in Europe, is running on "max jet mode" to produce jet fuel, as concerns rise that the Middle East war will lead to shortages, Bloomberg reported Thursday. Shell (SHEL) has also needed to seek alternatives to ...
Shell reported second-quarter adjusted net income of $9.8 billion, more than double a year earlier, as Middle East conflict boosted trading and refining results. The earnings beat topped analyst estimates as fuel margins surged, downstream earnings rose ...
HOUSTON, March 8 (Reuters) - Royal Dutch Shell Plc (RDSa.L), opens new tab pushed back the restart of its 318,000 barrel-per-day (bpd) joint-venture Deer Park, Texas, refinery to March 13, said sources familiar with plant operations on Monday. Shell ...
Shell plc SHEL is facing challenges over its planned sale of a 37.5% stake in the Schwedt refinery in Germany to the British energy conglomerate Prax Group. The deal was expected to be closed by the first half of 2024, contingent upon regulatory approvals ...
Shell is gearing up to transform its largest German oil refinery, Rheinland, turning the crude-centric Wesseling site into a base-oil powerhouse. The overhaul, set to kick off next quarter, signals a major shift as Shell pivots from conventional oil ...
HOUSTON (Reuters) - The United Steelworkers union (USW) and Shell Oil Co reached a tentative agreement on Thursday that sources familiar with the deal said would boost pay by 11 percent over three years for 30,000 U.S. refinery, chemical plant and pipeline ...
Shell plc SHEL, in a move to align with its strategy of reducing dependence on conventional crude oil refining and investing in high-value products, has initiated a major conversion of its Rheinland refinery. The said refinery is located at the Wesseling ...
Shell has shut down one of its oil processing units at its refinery complex in Singapore to investigate a suspected leak in the system, the Maritime and Port Authority of Singapore (MPA) said on Friday. The Shell Energy and Chemicals Park at Pulau Bukom ...
HOUSTON, Texas, January 29 /PRNewswire-FirstCall/ -- Royal Dutch Shell plc (NYSE: RDS.A; NYSE: RDS.B) today welcomed the below announcement by Shell Oil Products US ...