Shell posts record profit on high energy prices and trading boost

LONDON: Shell reported on Thursday a record first-quarter profit of $9.13 billion, boosted by higher oil and gas prices and a strong performance of its trading division.

Shell joins sector rivals, including BP and TotalEnergies, which also saw a sharp rise in profits driven by energy prices and strong trading. Norway's Equinor, a major seller of gas in Europe, reported record earnings on Wednesday.

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Shell , oil and gas , dividend , cashflow

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