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Shell doubles its quarterly profits to $10.8bn on record refining margins and raises its shareholder buyback to $5bn

Wael Sawan, pictured in May, as Greenpeace's Philip Evans accused Shell executives of "popping champagne on the deck of a sinking planet" over the results.
Wael Sawan, pictured in May, as Greenpeace's Philip Evans accused Shell executives of "popping champagne on the deck of a sinking planet" over the results.
A Shell service station like those whose soaring profits CEO Wael Sawan credited to "relentless operational performance" amid nine months of US-Israeli conflict disrupting global energy supplies.
A Shell service station like those whose soaring profits CEO Wael Sawan credited to "relentless operational performance" amid nine months of US-Israeli conflict disrupting global energy supplies.

Shell's Iran war windfall dwarfs analyst forecasts, with CEO Wael Sawan crediting "relentless operational performance" amid the ninth month of the US-Israeli conflict's disruption to global energy supplies.

Shell's integrated gas business alone pulled in $3.04bn, beating expectations, with upstream profits at $3.19bn.

Shell's shares rose 3% in early trading after the results were announced on Thursday morning.

Greenpeace senior campaigner Philip Evans said Shell executives are 'popping champagne on the deck of a sinking planet'.

MoreDaily MailShell doubles profits as it continues to cash in on higher oil pricesThe IndependentShell criticised over bumper earnings haul amid soaring oil pricesThe GuardianShell profits double to $10.8bn as Iran war pushes up profit margin on oilFinancial TimesShell lifts buyback as high oil price drives bumper profits - Financial TimesReutersShell beats expectations with $10.8 billion profit, hikes buybacks - ReutersMarketScreenerShell to Launch $5 Billion Share Buyback as Earnings SoarYahoo Finance UKShell lifts payouts with $5bn buyback as record refining margins push third-quarter earnings to $10.8bn - Yahoo Finance UK
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