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Shell's profits more than double on oil and gas price surge

Shell reported Q2 2026 earnings of $9.84 billion, more than doubling from the previous quarter due to jumps in oil and gas prices. Environmental groups renewed calls for a windfall tax on oil company profits to support households.

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Shell’s profits more than double after jump in oil and gas prices

rss:guardian-ukanglo61d ago wire ×5 kagi ↗

Environmental groups renew calls for windfall tax to support households following Q2 earnings rise to $9.84bn Shell more than doubled its profit in its second quarter of the year, as Europe’s biggest oil and gas company reaped the benefits from the jump in oil and gas prices triggered by war in the Middle East. The FTSE 100 company’s net profit hit $9.84bn (£7.4bn) in the three months ended in Jun

Shell’s profits more than double after jump in oil and gas prices (The Guardian)

stream:bsky-jetstreamother61d ago kagi ↗

l.smartnews.com/p-8cGrVlNm/B... What percentage is goingto be used to bribe delusional donny. This company is a huge beneficiary of corporate welfare. There should pass and enforce a windfall profit tax of 91% on any amount over the profit max. The shareholders excuse doesn't carry any weight. Shell more than doubled its profit in its second quarter of the year, as Europe’...