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Oil major Shell launches $3.5 billion share buyback after first-quarter profit beat
The results come as Big Oil profits continue to fall from record highs in 2022. A weak outlook for oil markets, falling crude prices and U.S. President Donald Trump's fast-changing trade policy have rattled investor sentiment in recent months.
Shell CEO said on Friday he would rather buy back more of his company's own shares than launch a takeover bid for rival oil ...
CEO Wael Sawan said on Friday he would rather buy back more of his company's shares than launch a takeover bid for BP (BP), ...
KEY TAKEAWAYS Shell shares climbed Friday after the energy giant posted stronger-than-expected quarterly results and ...
Any final decision will likely depend on whether BP stock continues to slide, the people said. Shares of BP have already lost nearly a third of their value in the last 12 months a ...
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The company is currently in the midst of a wrongful dismissal lawsuit with a former employee, a safety engineer from London, whom Shell said was fired for poor performance. An interim court ruling ...
Shell lowered its first-quarter integrated gas production estimate, citing a hit to volumes from unplanned maintenance.
British energy giant Shell on Friday reported a sharp drop in first-quarter net profit as it was hit by weaker oil prices but ...
The Gujarat High Court has validated the reopening of income tax assessment for Aradhna Estate Pvt. Ltd., dismissing the ...
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