Energy Transition Takes a Backseat as Shell Rewards Shareholders ...Middle East

Shell paid out more than £18.7bn to shareholders in 2024 while cutting spending on renewable energy according to its full year results. The FTSE 100 giant reported a dip in earnings from £23bn in 2023 to £19.1bn in 2024 amid weaker oil prices and lower demand for fossil fuels. Despite the drop-off in earnings, Shell said on Thursday it had hiked dividends by four per cent in the fourth quarter and announced a £2.8bn share buyback programme, which it expects to be completed by its first quarter results for 2025. Chief executive…

Hence then, the article about energy transition takes a backseat as shell rewards shareholders was published today ( Friday 31/01/2025 - 12:04 AM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Energy Transition Takes a Backseat as Shell Rewards Shareholders )

Also on site :

• GEEKOM revient au CES 2026 avec ses nouveaux ordinateurs portables haut de gamme et une génération inédite de Mini PC
• China’s LNG Imports Rebound Late in the Year After a Prolonged Slump
• China’s EV Exports Soar by 87%