British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp decline in crude prices and lower refining margins were partially offset by higher gas sales.
Shell (GB:SHEL) released its Q3 trading update, highlighting a drop in its refining margins amid weak oil prices as global energy demand wanes. In a pre-earnings update, the energy giant reported that ...
By Shadia Nasralla and Stephanie Kelly LONDON, Feb 5 (Reuters) - Shell missed fourth-quarter profit expectations on Thursday ...
Shell (NYSE:SHEL) +3.2% in Thursday's trading despite missing Q4 earnings and revenue estimates, weighed by weaker oil and gas prices and demand, but the company increased shareholder returns in a ...
LONDON (Reuters) -Shell's refining profit margins dropped by nearly 30% in the third quarter from the previous three months as global demand sagged, while oil product trading earnings also weakened, ...
BP and Shell are expected to report lower profits this week due to weak oil prices and falling refining margins. Both companies are facing investor pressure, with BP scaling back its renewable energy ...
British oil giant Shell on Thursday reported a significant drop in annual profit, citing higher exploration write-offs, lower trading margins and weaker crude prices over the final three months of the ...
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