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Shell tops forecasts as higher prices drive strong Q2 profit growth

By Benjamin Chiou

Date: Thursday 30 Jul 2026

(Sharecast News) - Energy major Shell has launched a $3bn share buyback after more than doubling profits in the second quarter as oil prices soared and upstream production hit record levels in Brazil.
The company reported adjusted earnings of $9.84bn for the three months to 30 June, ahead of the...

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