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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 ...

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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 ...

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 ...