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2026-07-30 22:50:52
[Rising Oil and Gas Prices Boost Shell's Q2 Profits] British energy giant Shell reported a significant increase in adjusted profits for the second quarter of 2026, driven by rising oil and gas prices and improved profitability in its refining and chemical sectors. The report showed that Shell's adjusted profit for the second quarter was $9.836 billion, approximately 2.3 times that of the same period last year, and a 42.2% increase compared to the first quarter. Reuters reported that Shell's second-quarter profit exceeded market expectations, marking its highest quarterly profit since the third quarter of 2022. (Xinhua)
