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Thursday, 30 July 2026
Ghana’s news, on the hour · Est. 2026
Thursday, 30 July 2026
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Ghanaian press · Organization

Shell

Also known as: British multinational Shell · Shell plc

Major oil and gas company reporting record first-quarter profits of $6.92 billion amid Middle East conflict disruptions.

2026-05-072026-07-30

In coverage

Verbatim sentences from the source article.

  1. July 2026
  2. Joy Online

    Shell’s profits for the second quarter of the year have more than doubled after the Iran war pushed up oil prices.

    Shell profits double as oil prices rise due to Iran war
  3. Joy Online

    Government is further reviewing upstream fiscal and regulatory frameworks to attract fresh investment from international oil companies, including Shell.

    Ghana’s crude oil production falls for six years, costing billions in lost revenue – IES report
  4. Joy Online

    The “business-as-usual” atmosphere is somewhat surreal given the uncertainty hanging over the project, which has so far cost around £1.5bn according to Aberdeen-based Adura, a joint venture between Shell and the Norwegian state energy firm Equinor.

    Jackdaw boss warns of winter fuel shortages if gas field not approved
  5. Joy Online

    Adura is a joint venture between UK energy giant Shell and Norwegian firm Equinor.

    Jackdaw gas field emissions ‘will not materially affect global warming’ – owner’s assessment
  6. June 2026
  7. Joy Online

    US President Donald Trump on Wednesday ordered an investigation into major energy companies, accusing Shell, ExxonMobil and other firms of “gouging” drivers by not reducing fuel prices even as oil costs fell.

    Oil price falls back to pre-Iran war levels
  8. Joy Online

    She became the first female member of the Nigerian board of oil and gas giant Shell in 2006, and four years later was appointed oil minister, the country’s second-most senior politician.

    Ex-Nigeria oil minister cleared in UK bribery trial
  9. Joy Online

    The increase was smaller than elsewhere as shares in energy giants BP and Shell – two of the biggest companies in the FTSE 100 – fell on news of the lower oil price.

    Oil prices fall and shares jump after US-Iran deal announced
  10. The Chronicle

    said that Tegbe was involved in fiscal policy restructuring at all levels of government, and has worked with organisations such as the Nigerian Communications Commission, Nigerian Bulk Electricity Trading, Nigerian Electricity Regulatory Commission, Nigeria Revenue Service, Shell

    President Tinubu Swears In New Ministers
  11. The Ghanaian Times

    Graduates will acquire both technical and business skills needed to establish their own automotive workshops, operate lubricant service centres, or serve as distributors and retailers of Shell lubricants.

    Vivo Energy, ATI sign MoU to develop certified automotive professionals
  12. Joy Online

    British multinational Shell continued operating a major oil pipeline in Nigeria for years even though it knew it was causing widespread pollution – despite a warning from its own staff and its own technical standards, internal documents obtained by the BBC show.

    Shell pumped oil through Nigeria pipeline for years despite pollution evidence, documents show
Mining & Energy

Shell's Q2 profits double to $9.84bn amid Iran war

The News

Shell reported second-quarter profits of $9.84bn, more than double the $4.26bn from the same period last year, as the US-Israel conflict with Iran disrupted global oil supplies and pushed prices higher. The oil giant's first-half earnings surged 70% as rising crude prices and trading opportunities boosted results.

11 hours ago · Joy Online

Today

  1. Shell's Q2 profits double to $9.84bn amid Iran war

    Shell reported second-quarter profits of $9.84bn, more than double the $4.26bn from the same period last year, as the US-Israel conflict with Iran disrupted global oil supplies and pushed prices higher. The oil giant's first-half earnings surged 70% as rising crude prices and trading opportunities boosted results.

    11 hours ago · Joy Online

Tuesday 14 July

  1. Ghana's crude oil output falls 48% in six years, halving revenue

    Ghana's crude oil production has declined for six consecutive years, falling from 71.44 million barrels in 2019 to 37.30 million barrels in 2025, according to an Institute for Energy Security report. The prolonged downturn, driven by ageing oil fields, limited upstream investment, and no new petroleum agreements since 2018, has caused total petroleum receipts to drop 43.27% from US$1.36 billion in 2024 to US$770.27 million in 2025.

    14 July 2026 · Joy Online

Thursday 9 July

  1. Jackdaw gas platform owner urges UK approval to prevent winter shortages

    The chief executive of Adura, the owner of the Jackdaw gas platform in the North Sea, told BBC News that government approval is "hyper critical" to avoid domestic supply shortages this winter, saying the project could meet 6% of UK gas needs from 1 October. Environmental campaigners oppose the project, citing this summer's record heatwaves as evidence of the need to tackle climate change.

    9 July 2026 · Joy Online

Wednesday 8 July

  1. Jackdaw gas field emissions less than 0.02% of global greenhouse gases

    Adura's updated Environmental Impact Assessment of the controversial North Sea Jackdaw gas field states its emissions will "not materially influence" global warming, accounting for less than 0.02% of annual global greenhouse gases during its lifetime. The revised assessment argues that the project would displace imported liquified natural gas from the United States, potentially saving the equivalent of four million tonnes of CO2.

    8 July 2026 · Joy Online

Friday 26 June

  1. Oil prices fall to pre-Iran war levels as Strait reopens

    Global benchmark Brent crude has fallen below $72.48 a barrel, the price before US and Israel launched attacks on Iran on 28 February, as traffic through the Strait of Hormuz resumes following a US-Iran Memorandum of Understanding on 17 June for nuclear negotiations and measures to end the war.

    26 June 2026 · Joy Online

Wednesday 17 June

  1. Former Nigeria oil minister acquitted in London bribery trial

    Diezani Alison-Madueke, Nigeria's oil minister from 2010 to 2015 and former Opec president, was found not guilty of accepting bribes from oil executives in the form of luxury stays and spending in the UK. Her brother and an oil industry executive were also acquitted in the trial at London's Southwark Crown Court.

    17 June 2026 · Joy Online

Monday 15 June

  1. US-Iran deal sends oil prices down, stocks higher

    The US and Iran have agreed a framework deal to end the war, with the Strait of Hormuz set to reopen. Brent crude fell more than 5% to $82.84 a barrel and stock markets rose, though analysts warn the lack of detail on the agreement could create market uncertainty.

    15 June 2026 · Joy Online

Wednesday 10 June

  1. President Tinubu swears in two new cabinet ministers

    President Bola Ahmed Tinubu swore in Joseph Tegbe as Minister of Power and Sola Enikanolaiye as Minister of State for Foreign Affairs on Monday, following the resignations of their predecessors Adebayo Adelabu and Yusuf Tuggar. Tegbe holds degrees in civil engineering and business administration, and has over 35 years of experience in fiscal and economic reform.

    10 June 2026 · The Chronicle

Thursday 4 June

  1. Vivo Energy and ATI launch automotive apprenticeship programme

    Vivo Energy Ghana and the Applied Technology Institute have signed a Memorandum of Understanding to develop a technical apprenticeship initiative that equips young mechanics, particularly in the informal sector, with industry-relevant technical expertise through classroom instruction and hands-on training. The programme aims to enhance employability, promote professionalism, and foster safety and technical excellence in the automotive industry, while also equipping graduates with business skills to establish their own workshops or service centres.

    4 June 2026 · The Ghanaian Times

Wednesday 3 June

  1. Shell operated polluting Nigeria pipeline despite internal warnings

    Internal documents show Shell continued operating a major oil pipeline in Nigeria for years despite knowing it was causing widespread pollution, despite a 2008 warning from a senior executive about risks from theft and infrastructure failures. UK legal proceedings by Niger Delta communities seek Shell liability for pollution from over 100 leaks between 2011 and 2013.

    3 June 2026 · Joy Online

Tuesday 2 June

  1. TOR clears six-year audit backlog, returns to profitability

    Tema Oil Refinery has completed audited financial statements for 2019–2025 and posted a Profit Before Tax of GH¢1.24 billion in 2025, its first year of profitability in a decade. The State Interests and Governance Authority commended the refinery for resolving the audit backlog and achieving financial recovery through improved governance and operational reforms.

    2 June 2026 · Business & Financial Times

Monday 1 June

  1. Some OMCs increase fuel prices; Star Oil petrol at GH¢15.20

    Some Oil Marketing Companies have begun increasing petroleum product prices from June 1, 2026, in line with the bi-weekly price review under the deregulation policy. Star Oil raised petrol to GH¢15.20 per litre, matching the National Petroleum Authority's price floor, while the Chamber of Oil Marketing Companies projects petrol could rise 4.20–6.20%.

    1 June 2026 · Joy Online

Friday 29 May

  1. TOR MD wins award for transformative public sector leadership

    Tema Oil Refinery Managing Director Edmond Kombat was honoured for exceptional leadership and strategic vision at the 10th Ghana CEOs Summit. The recognition follows TOR's recent receipt of one million barrels of Bonga crude oil and efforts to revitalise refinery operations.

    29 May 2026 · Joy Online

Monday 11 May

  1. Global oil prices forecast to stay above $100 this year

    JP Morgan predicts oil will remain in the "low $100s" for much of the year even if the Strait of Hormuz reopens soon, as supplies would not return to normal service quickly. Brent crude rose above $105 a barrel following tensions between the US and Iran over ceasefire negotiations.

    11 May 2026 · Joy Online

  2. Oil prices surge as Trump rejects Iran's war-ending proposal

    Oil prices rose sharply in Asian trading after President Trump dismissed Iran's response to US proposals to end the war as "totally unacceptable." Iran, responding through Pakistan as mediator, called for an immediate end to the conflict and guarantees against further US-Israeli attacks, while Brent crude rose 3.8% to $105.20 a barrel and US crude increased 4% to $99.30.

    11 May 2026 · Joy Online

Friday 8 May

  1. Oil and gas giants profit from Middle East conflict disruptions

    As the US-Israel war in Iran drives up energy prices and disrupts shipping through the Strait of Hormuz, major oil and gas companies report record profits. BP's first-quarter profits more than doubled to $3.2 billion, Shell reported $6.92 billion in first-quarter profits, and TotalEnergies saw profits jump by almost a third to $5.4 billion, with European firms benefiting from volatile energy prices and trading operations.

    8 May 2026 · Joy Online

  2. Oil and gas companies profit from Middle East conflict

    Major oil and gas companies including BP, Shell, and TotalEnergies have reported record profits as conflict and Iran's closure of the Strait of Hormuz have driven up energy prices and volatility. BP's profits more than doubled to $3.2bn, Shell reported $6.92bn in first-quarter profits, and TotalEnergies saw profits jump by almost a third to $5.4bn.

    8 May 2026 · Joy Online

  3. Shell profits surge amid Iran war oil price spike

    Shell reported first-quarter profits of $6.92bn, up from $5.58bn a year earlier, as oil prices soared following disruptions to Middle Eastern supplies. The price spike resulted from the closure of the Strait of Hormuz, which typically carries about 20% of global oil and LNG supplies.

    8 May 2026 · Joy Online

Thursday 7 May

  1. Shell reports $6.92bn profit surge amid Iran war oil price spike

    Shell's first-quarter profits reached $6.92bn, up from $5.58bn a year earlier, driven by sharp increases in oil prices following the Iran war and the effective closure of the Strait of Hormuz, which typically carries about 20% of global oil and LNG supplies.

    7 May 2026 · Joy Online

Shell — Ghanaian press coverage · Ghana Minute