Category : Search result: Shell profits


Shell profits hit £5.1bn despite energy market pressures

Energy giant Shell reports third-quarter profits of $6.2 billion, defying expectations despite lower gas prices and refining margins. Discover how trading operations and LNG performance drove these impressive results.

Shell profits hit £34bn as production soars

Energy giant Shell reports staggering profits exceeding $43 billion, driven by unprecedented production highs in Brazil's offshore fields and Gulf of Mexico operations, sparking renewed debate about windfall taxes.

Shell abandons Cambo oilfield project

Energy giant Shell withdraws from controversial Cambo oilfield development alongside Equinor, signalling major strategic pivot towards renewable investments.

Trump-Xi Trade Deal Fuels Oil Surge & Market Rally

Global markets surge as Trump and Xi announce landmark trade agreement, sending oil prices skyrocketing while Shell posts staggering £7.4 billion quarterly profit amid energy sector boom.

Shell fined £176k for six-day flaring incident

Shell's Stanlow plant faces substantial penalty after continuous flaring created deafening noise and black smoke plumes, sparking hundreds of resident complaints and environmental concerns.

Petrofac wins major Shell North Sea contract

Energy services giant Petrofac lands significant Shell contract for North Sea assets, safeguarding Scottish jobs and reinforcing Aberdeen's energy hub status amid industry transformation.

Tesla Profits Crash 48% in Stunning Q3 Results

Tesla reports dramatic 48% profit decline amid production delays and fierce Chinese competition. Discover how Elon Musk's EV empire is navigating its toughest quarter yet.

Orkney wind farm profits to fund local services

Orkney Islands Council announces groundbreaking plan to reinvest all profits from new wind farm directly into local services, creating a sustainable funding model for the community.

Merlin profits surge as UK theme parks thrive

Merlin Entertainments reports impressive profit surge driven by strong performance at Thorpe Park and Alton Towers, with visitor numbers exceeding expectations across their UK attractions.

Lloyds Bank makes £450m profit from Ferrari stake sale

Exclusive analysis reveals how Lloyds Banking Group's patient investment strategy paid off spectacularly with their Ferrari stake, while Citigroup faces Hong Kong regulatory scrutiny in separate banking sector developments.

BM Homeware Slashes Prices in Profit-Boosting Sale

Popular UK homeware retailer BM launches major price reduction event, cutting costs on household essentials and furniture to drive sales and improve financial performance amid challenging market conditions.

Trader sues over £1.2M bonus after £6B profits

A high-flying City trader is suing his former employers after they allegedly withheld a seven-figure bonus following his team's extraordinary £6 billion profit-making performance during market turbulence.

Jamie Oliver pays £2.5m to himself as profits slump

Celebrity chef Jamie Oliver and his wife Jools paid themselves £2.5 million despite their restaurant group seeing pre-tax profits fall by 75%. The financial revelations come as the hospitality sector faces ongoing challenges.

Thames Water creditors agree £1.6bn rescue deal

Thames Water's creditors have agreed to a crucial £1.6bn financial restructuring plan as Britain's largest water company battles to avoid collapse, while Tesco reports strong profits and markets react to economic uncertainty.

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