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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 ...

TotalEnergies made Middle East oil mega-trades after noticing US Navy buildup in Gulf in February, CEO says French oil major TotalEnergies made the decision to buy large amounts of Middle East crude ...

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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.

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 ...

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 ...

Shell has become the latest energy giant to report a jump in profits following the sharp increase in oil prices since the beginning of the Iran war. It reported profits of $6.92bn (£5.1bn) for the ...

A two-hour post-Indianapolis 500 qualifying practice came to an early end due to the threat of incoming severe weather. Josef Newgarden, in the No. 2 Shell Fuel Rewards Team Penske Chevrolet, was the ...

News, notes and quotes from around the paddock Friday at Indianapolis, including how Graham Rahal thinks his pit crew's (photo) improved performance will help him Sunday in the Indy 500.