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July 29, 2021

Oil giant Shell raises dividend and launches $2 billion share buyback as commodity prices soar- oil and gas 360

Oil giant Shell raises dividend and launches $2 billion share buyback as commodity prices soar

July 29, 2021

CNBC LONDON — Oil giant Royal Dutch Shell on Thursday reported stronger-than-expected second-quarter earnings, lending further support to the energy major’s plans to reduce net debt and reward investors. The Anglo-Dutch company reported adjusted earnings of $5.5 billion for the three months through to the end of June. That compared with $638 million over the same period a year earlier and $3.2 billion for the

Oil edges higher on tighter U.S. supplies, Brent tops $75 a barrel- oil and gas 360

Oil edges higher on tighter U.S. supplies, Brent tops $75 a barrel

July 29, 2021

Nasdaq SINGAPORE – Oil prices rose on Thursday as crude stockpiles in the United States, the world’s top oil consumer, fell to their lowest since January 2020, with Brent crude oil prices pushing back past $75 a barrel. Brent crude oil futures LCOc1 gained 36 cents, or 0.5%, to $75.10 a barrel by 0247 GMT, while U.S. West Texas Intermediate (WTI) crude

Big Oil back to boom after pandemic bust, aiding climate push- oil and gas360

Big Oil back to boom after pandemic bust, aiding climate push

July 29, 2021

Reuters LONDON – Europe’s top energy companies signalled confidence in a lasting recovery from the pandemic impact by drawing on higher oil prices to boost shareholder returns and reassure investors as they roll out risky climate strategies.   After swiftly cutting spending and jobs in response to the unprecedented collapse in energy demand last year, executives from Royal Dutch Shell,

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