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Shell Books Another Record Profit: The London Rush

Fuel prices listed on a totem sign at a Shell gas station as a flare stack releases flammable gases at the PCK Schwedt oil refinery. — Fuel prices listed on a totem sign at a Shell gas station as a flare stack releases flammable gases at the PCK Schwedt oil refinery.
Photographer: Krisztian Bocsi/Bloomberg

By

Samuel Etienne, and

July 28, 2022, 6:51 AM UTC

Here’s the key business news from London-listed companies this morning.

Shell Plc: The energy giant posted yet another record profit this morning boosted by high oil and gas prices and will repurchase a further $6 billion of shares in the third quarter.