The Quarterly Balance of 2018 Has Just Been Released by Shell with Profits Surpassing Double the Same Period Last Year, Thanks to New Investments in Brazil Mainly.
Royal Dutch Shell Announced Third Quarter Profits That Increased by More Than 35% Compared to the Previous Year, Supported by High Oil Prices and Its Gas Marketing Division, But This Still Fell Below Analysts’ Expectations. The Anglo-Dutch Energy Division Said That Its Earnings Based on Current Cost of Supply – a Metric Closely Monitored by Analysts – and Adjusted for Exceptional Items, Reached US $ 5.6 Billion in the Three Months Ended September 30, Up From US $ 4.1 Billion in the Same Quarter a Year Ago.
This Fell Short of Analysts’ Consensus Forecast of Just Over US $ 5.7 Billion.
The Higher Profits Were Partially Offset by Downstream Businesses, Which Include Refining, Marketing, and Chemicals, That Saw Smaller Margins, Weaker Trading Results, and Higher Tax Rates. In the Exploration and Production Division, There Were Also Higher Deferred Tax Charges and Currency Effects.
Since the Oil Price Crash in 2014, the Company Has Focused on Cost Reduction, Cutting Spending, and Selling Nearly US $ 30 Billion in Assets to Reduce Its Debt.
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Russia spent $5 billion and 28 years modernizing a nuclear warship that had been inactive since 1997. The Admiral Nakhimov returned to the sea in August 2025 as the heaviest surface combat ship in the world, with 176 missile launchers, including hypersonic Zircon missiles.
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James Webb finds 300 galaxies with mysterious scars, and this discovery may show that the universe was born much more violently than astronomers had imagined.
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Haiti’s capital is experiencing an energy and construction crisis, facing blackouts, a blocked port, and buildings at risk after years of instability and a significant earthquake.
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Government unlocks R$ 554 million for a highway that has been requested for decades and accelerates the duplication of BR.
As Cash Flows and Profits Improved After Several Years of Energy Slowdown, Shell Announced in July the Launch of a US $ 25 Billion Share Buyback Program Promised After Acquiring BG Group.
Shell, Which Said It Would Buy Up to US $ 2 Billion in A or B Shares Every Three Months Until 2020, Depending on Changes in Oil Prices and Debt Reduction, Launched a Second Tranche This Thursday Saying It Would Repurchase Up to US $ 2.5 Billion by the End of January.
Energy Sector Analysts Expect Major Energy Companies to Reap the Rewards of Higher Oil Prices, Along With Disciplined Spending Plans, With Their Peers, Including BP, Total, and Eni Reporting Profits Last Week.
Shell Reported Operating Cash Flow, Adjusted for Working Capital, at Over US $ 12 Billion, Compared to US $ 7.6 Billion a Year Ago.
The Company’s CEO, Ben van Beurden, Stated in a Release: “Our Strong Financial Performance Has Allowed Us to Cover Cash Dividends, Interest Payments, Share Buybacks, and Still Pay Down Debt.”
Shell Reported Capital Expenditures in the Third Quarter Totaling US $ 5.8 Billion, Compared to US $ 5.7 Billion in the Same Period Last Year.
The Company, Which Has Shifted Its Business Away from Oil Amid the Global Shift to Cleaner Fuels, Approved Last Month a Massive US $ 12 Billion Investment in a Liquefied Natural Gas Project to Ship Super-Cooled Fuel from Canada to China.

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