Shell on Thursday reported a 2023 profit of $28 billion, down 30% from the previous year s record as oil and gas prices cooled, still allowing the firm to increase its dividend by 4% and extend its share repurchases.
The U.S. on Friday proposed a fee on emissions of methane from big oil and gas producers as required under the 2022 climate law and as a backstop to wider regulations on the greenhouse gas from energy operations.
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