5 May 2024
Shell profits from integrated gas surge and upstream turnaround in H1 results
Publication date: 27 July 2017
Gas Strategies Group
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ISSN: 0964-8496
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Royal Dutch Shell posted a sharp increase in profits for the first half of 2017 driven by a surge in earnings from its integrated gas business and a turnaround in the upstream segment, as counterparts Statoil and Total also made gains despite the "volatile" price environment.
The Anglo-Dutch major reported income of just over USD 5 billion for H1’17, up by a notable 206% on the USD 1.6 billion secured in the year-ago period. Quarterly income also ticked north to ...