SHELL makes more profit in a single minute than most people in this country earn in a year, campaigners warned today as profits double on higher oil prices.The fossil fuel giant revealed Q2 profits of $9.84 billion (£7.37bn) today, a bigger-than-expected 70 per cent surge in half-year earnings, as it capitalised on volatile oil and gas prices driven by US President Donald Trump’s war in Iran.Shell also has a significant stake in the controversial Rosebank oil field in the North Sea, which is pending government approval.

SHELL makes more profit in a single minute than most people in this country earn in a year, campaigners warned today as profits double on higher oil prices.

The fossil fuel giant revealed Q2 profits of $9.84 billion (£7.37bn) today, a bigger-than-expected 70 per cent surge in half-year earnings, as it capitalised on volatile oil and gas prices driven by US President Donald Trump’s war in Iran.

Shell also has a significant stake in the controversial Rosebank oil field in the North Sea, which is pending government approval.

From Morning Star via This RSS Feed.