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Top related persons:
Shell - 2 LSEG - 1 Shell's - 1 Wael Sawan - 1 CNBC's - 1 Sawan - 1 Chandra Asri - 1
Top related locs:
Radstock Somerset England Singapore Rotterdam Netherlands Swiss London
Top related orgs:
Shell - 2 Chandra - 1 BP - 1 Exxon Mobil - 1 Chevron - 1 Energy - 1 RBC Capital Markets - 1 RBC - 1

Search resuls for: "Radstock"


2 mentions found


☆ Shell beats second-quarter profit expectations, launches $3.5 billion share buyback program
  + stars: | 2024-08-01 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com   time to read: +3 min
The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. British oil giant Shell on Thursday posted stronger-than-expected second-quarter profit despite lower refining margins and weaker liquified natural gas trading. The company reported adjusted earnings of $7.7 billion in the first quarter of 2024. Shell said it would launch a $3.5 billion share buyback program over the next three months, a similar scheme as in the previous quarter. British rival BP on Tuesday increased its dividend and extended its share repurchasing program on the back of stronger-than-expected earnings.
Persons: LSEG, Shell's, Shell, Wael Sawan, CNBC's, Sawan, Chandra Asri Organizations: Shell, Chandra, BP, Exxon Mobil, Chevron Locations: Radstock, Somerset, England, Singapore, Rotterdam, Netherlands, Swiss, London
☆ Energy giant Shell to take up to a $2 billion impairment hit on Rotterdam, Singapore plants
  + stars: | 2024-07-05 | by ( Ruxandra Iordache | ) www.cnbc.com   time to read: +1 min
The Shell logo is displayed outside a petrol station in Radstock on February 17, 2024 in Somerset, England. Energy giant Shell on Friday said it expects to record a post-tax impairment hit of up to $2 billion mainly linked to its Singapore and Rotterdam plants, while also saying trading in its key gas division will decline on the quarter. This comes after Shell on Tuesday announced it would temporarily suspend on-site construction at its 820,000 metric tons a year biofuels facility in Rotterdam amid current market conditions. The oil major also anticipates a second non-cash post-tax impairment of $600-800 million after agreeing to divest its Singapore refining and chemicals plant back in May. On the downside, RBC flagged "higher corporate costs and a neutral result from the chemicals division."
Persons: Shell Organizations: Energy, Shell, RBC Capital Markets, RBC Locations: Radstock, Somerset, England, Singapore, Rotterdam
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