Categories: Estero

Shell profits nearly triple as oil prices surge amid Russia-Ukraine war – BBC News


Energy giant Shell has reported its highest ever quarterly profits as oil and gas prices surge around the world.

Shell made $9.13bn (£7.3bn) in the first three months of the year, nearly triple its $3.2bn profit it announced for the same period last year.

But the firm said pulling out of Russian oil and gas due to the Ukraine conflict had cost it $3.9bn (£3.1bn).

On Tuesday, rival BP also reported a sharp rise in profit, but the UK has so far ruled out a windfall tax.

Please subscribe HERE http://bit.ly/1rbfUog

#Russia #Ukraine #BBCNews

Redazione

Comments are closed.

Recent Posts

How should the UK respond to the global energy crisis? | BBC News

Today, Laura and Paddy unpack what the UK government will do to deal with energy pressures caused by the Iran…

43 minuti ago

A Roma gli anarchici ricordano Ardizzone e Mercogliano #ansa #news

ANSA è la più importante agenzia d'informazione in Italia. Immagini e storie da tutto il mondo: politica, economia, cronaca, sport,…

2 ore ago

Iran says its ‘waiting’ for US ground troops, as more American marines arrive in region | BBC News

Iranian parliament speaker Mohammad Bagher Ghalibaf has said his country's forces are "waiting for American soldiers to enter on the…

2 ore ago