Shell

Shell Reports Nearly $7 Billion Profit as Iran War Drives Oil Prices Higher

Shell Reports Nearly $7 Billion Profit as Iran War Drives Oil Prices Higher Shell has reported quarterly profits approaching $7 billion, emerging as one of the biggest beneficiaries of the oil price surge triggered by the Iran conflict. According to The New York Times, Shell’s profits significantly exceeded market expectations, driven primarily by sustained high crude prices amid escalating geopolitical tensions. Speaking on the earnings call, Shell’s CEO stated that the oil market is currently in a supply deficit with no quick path to rebalancing. ...

2026-05-07 20:14 · 💰 财经 · goodinfo.net

Shell to Acquire Canada's ARC Resources in $13.6 Billion Deal, Bolstering North American Shale Position

UK energy giant Shell has agreed to acquire Canadian energy company ARC Resources for $13.6 billion in cash and shares, gaining Montney shale basin assets that will add 370,000 barrels per day, with an enterprise value of $16.4 billion.

2026-04-28 05:30 · 💰 财经 · goodinfo.net