Shell profits fuel calls for windfall tax: Record results come days after BP bumper earnings

Shell profits fuel calls for windfall tax: Record results come days after BP bumper earnings

City A.M.

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Shell has further fuelled demands for a windfall tax on the sector as it revealed record first-quarter profits thanks to soaring oil and gas prices, just days after bumper earnings from rival BP. The oil giant posted better-than-expected underlying earnings for the first three months of 2022, at £7.2bn – nearly three times the £2.5bn [...]

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