Shell benefits from oil recovery

Oil major Shell dials up its dividend after revenue almost doubled and the adjusted result soared in the second quarter.

Photo: Toby Melville/REUTERS / X90004

British-Dutch oil major Shell benefits from markedly higher oil prices than seen in 2020.

This is clear in the firm's second-quarter financial report, in which revenue is almost doubled compared to the same period last year. The item now comes to USD 60.5 billion against USD 32.5 billion.

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