Shell profits drop 16% but maintains strong shareholder returns
Shell’s 2024 profit fell 16% to $23.72 billion, missing estimates. Despite weaker oil prices, the company raised dividends by 4% and announced a $3.5 billion...
Tag : refining margins
BP’s third-quarter profits take a dive, shares down by 4 percent
BP, a global leader in the oil industry, encountered a notable fall in its third-quarter profits, not meeting the expectations of industry analysts. The British...