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Shell profits double

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Overview
 · 5h · on MSN
Shell turns refineries up to 11 during oil-price surge
The energy giant’s strategy to run refineries at full tilt has helped drive a surge in profits.

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 · 11h
Shell’s profits more than double after jump in oil and gas prices
 · 11h · on MSN
Shell profits double as oil prices rise due to Iran war
RTE Online · 11h
Shell more than doubles its profit in Q2, beating expectations
Shell's adjusted earnings, its definition of net profit, reached $9.84 billion in the second quarter, it said today, beating expectations and more than doubling its profit from the same time last year...

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 · 9h
Shell profits double as oil prices spike
 · 11h
Shell posts second-highest profits ever as traders cash in on Iran disruption
OilPrice.com on MSN
9h

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.
Seeking Alpha
3mon

Shell's Pernis refinery, Europe’s biggest, ramping up jet fuel with supply crunch coming

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 ...
Transport Topics
2h

Shell profit surges as oil trading and refining margins boom

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 ...
Reuters
5y

Shell pushes back Deer Park, Texas, refinery restart to March 13 -sources

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 ...
Nasdaq
1y

Shell Struggles to Divest Its Stake in German Schwedt Refinery

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 ...
Crude Oil Prices
1y

Shell Turns Germany’s Top Refinery Green

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 ...
Reuters
7y

USW union, Shell agree to raise refinery worker pay by 11 percent - sources

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 ...
Nasdaq
1y

Shell's Rheinland Refinery to be Transformed to Produce Base Oils

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 ...
Crude Oil Prices
1y

Shell Closes Oil Unit at Singapore Refinery to Investigate Leak

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 Chronicle
19y

(PRN) Shell Signs Agreements to Sell Los Angeles Refinery and Related Assets to Tesoro

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 ...
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