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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 ...

Oil giant Shell posted bumper profit of $6.92 billion through the first quarter as the Iran war sent fossil fuel prices soaring. The London-listed energy major cut the pace of its quarterly buyback to ...

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.

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 ...