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Shell's profit slides 71% in 2020 as pandemic bites - Vimarsana News

Shell's profit slides 71% in 2020 as pandemic bites

5 Min Read LONDON (Reuters) - Royal Dutch Shell’s profit last year dropped to its lowest in at least two decades as the coronavirus pandemic hit energy demand worldwide though the company’s retail network and trading business helped cushion the blow. The Anglo-Dutch oil major’s annual profit slumped 71% to $4.8 billion as its oil and gas production and profits from refining crude into fuels dropped sharply. In a sign of confidence, however, Shell said it planned to raise its dividend in the first quarter of 2021, which would be the second slight increase since its slashed its payout by ...

Shell profit slides to $4.8 billion in 2020 as pandemic hits demand - Vimarsana News

Shell profit slides to $4.8 billion in 2020 as pandemic hits demand

5 Min Read LONDON (Reuters) - Royal Dutch Shell’s profit last year dropped to its lowest in at least two decades as the coronavirus pandemic hit energy demand worldwide though the company’s retail network and trading business helped cushion the blow. The Anglo-Dutch oil major’s annual profit slumped 71% to $4.8 billion as its oil and gas production and profits from refining crude into fuels dropped sharply. In a sign of confidence, however, Shell said it planned to raise its dividend in the first quarter of 2021, which would be the second slight increase since its slashed its payout by ...

Shell's profit slumps in 2020 as the pandemic hits demand - Vimarsana News

Shell's profit slumps in 2020 as the pandemic hits demand

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Shell's profit slumps in 2020 as the pandemic bites - Vimarsana News

Shell's profit slumps in 2020 as the pandemic bites

5 Min Read LONDON (Reuters) - Royal Dutch Shell’s profit last year dropped to its lowest in at least two decades as the coronavirus pandemic hit energy demand worldwide though the company’s retail network and trading business helped cushion the blow. The Anglo-Dutch oil major’s annual profit slumped 71% to $4.8 billion as its oil and gas production and profits from refining crude into fuels dropped sharply. In a sign of confidence, however, Shell said it planned to raise its dividend in the first quarter of 2021, which would be the second slight increase since its slashed its payout by ...

Shell profit down 71% last year - Vimarsana News

Shell profit down 71% last year

Shell profit down 71% last year 04 Feb 2021 Commuters ride past a Shell petrol station in Manila, Phillipines. File/Reuters Royal Dutch Shell’s profit last year dropped to its lowest in at least two decades as the coronavirus pandemic hit energy demand worldwide though the company’s retail network and trading business helped cushion the blow. The Anglo-Dutch oil major’s annual profit slumped 71% to $4.8 billion as its oil and gas production and profits from refining crude into fuels dropped sharply. In a sign of confidence, however, Shell said it planned to raise its di...