Shell net profit retreats on lower energy prices
Thursday, 31 July 2025 ()
London (AFP) July 31, 2025British energy giant Shell on Thursday said its net profit slid 23 percent in the first six months of the year, hit by lower oil and gas prices. Profit after tax dropped to $8.4 billion compared with $10.9 billion in the first half of 2024, Shell said in an earnings statement. Group revenue dropped nearly nine percent to $136.6 billion in the reporting period. Shell pointed to "lower
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