By: Oil & gas middle east

Shell plc earned $4.3 billion in the second quarter of 2025, as the company continued to deliver strong performance despite weaker global market conditions. The energy giant also announced it will return $3.5 billion to shareholders through a new share buyback over the next three months.

The company generated $11.9 billion in cash from operations, demonstrating that its day-to-day business, from oil and gas production to fuel sales, remains strong. According to Shell CEO Wael Sawan, the company is staying focused on keeping costs down and running efficiently. Since 2022, Shell has cut $3.9 billion in costs, getting closer to its goal of $5–7 billion in savings by 2028.

“We’re delivering strong results even when markets are tough,” Sawan said. “We’re staying disciplined, simplifying how we work, and investing in the future.”

Key Business Highlights:

• Shell shipped its first cargo from LNG Canada, boosting its position in the global liquefied natural gas (LNG) market.
• The company expanded key oil and gas projects in Brazil and Nigeria.
• It kept its investment plans on track, spending $5.8 billion this quarter and holding its full-year investment outlook at $20–22 billion.

Performance by Business Segment:

• Gas and LNG: Earned $1.7 billion
• Oil and gas production: Earned $1.7 billion
• Fuel and convenience retail (Marketing): Earned $1.2 billion, helped by stronger fuel margins
• Chemicals & Products: Earned $118 million
• Renewables and Energy Solutions: Lost $9 million, but held steady from last quarter

Shell also confirmed it will pay a second-quarter dividend, rewarding shareholders while continuing to invest in energy projects around the world.

Looking ahead, Shell says it remains committed to both traditional oil and gas and the transition to cleaner energy, including carbon capture, hydrogen, and renewables.

The company will release its Q3 results on 30 October 2025.