As Shell announces bumper Q1 profits of $6.9 billion, new analysis from Global Witness reveals that six of Europe’s leading oil majors – bp, Shell, TotalEnergies, Eni, Equinor and Repsol – have recorded the highest quarterly profits since 2022, when they reaped the benefits of the fallout from Russi...

The energy giant's profits jump by nearly a quarter as it benefits from the recent volatility in the oil price

British oil giant Shell reported a big jump in Q1 profit on the back of surging oil prices that have been pushed to 4-year highs by the war in Iran.