Oil giant Shell lifted its dividend on Thursday even as it posted a bigger-than-expected drop in fourth-quarter profits.
The energy major said profits fell after a year of operating in ‘a lower price environment’, amid shrinking margins from its oil refining business.
Shell has hiked its dividend to shareholders despite profits falling last year, after the energy giant was hit by weaker oil prices and lower demand for the fossil fuel. The London-listed company ...
British oil and gas major Shell Plc (SHEL, SHEL.L) reported Thursday that its fourth-quarter income before taxation surged to $4.21 ...
Plc and its South African partner, Thebe Investment Corp., are reportedly close to settling a valuation dispute which could ...
Weak oil prices and low refining margins weighed on results, while the energy giant said it would buy back shares worth $3.5 ...
Energy giant Shell reported a significant drop in annual profit following a year of lower crude prices and refining margins.