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Shell Slashes Jobs in Offshore Wind, Because Who Needs Clean Energy Anyway? – Royal Dutch Shell Plc .com royaldutchshellplc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from royaldutchshellplc.com Daily Mail and Mail on Sunday newspapers.
Shell Maintains Pace of Buybacks as Profit Beats Estimates bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Shell on Thursday reported a 2023 profit of $28 billion, a 30% drop from the previous year's record as energy prices and demand cooled, but still allowing the firm to increase its dividend by 4% and extend share repurchases. Shell's 2023 profits were marked by lower chemicals and refining profit margins and slower fuel sales amid sluggish global economic activity following a blockbuster 2022 fuelled by a surge in energy prices after Russia's invasion of Ukraine. Shell ended the year on a strong note, posting fourth-quarter adjusted earnings, its definition of net profit, of $7.3 billion, exceeding analysts' expectations of $6 billion profit but down from a record $9.8 billion a year earlier. ....
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. ....