Also known as: British multinational Shell · Shell plc
Shell — major oil and gas company that reported $6.92 billion in first-quarter 2026 profits amid Middle East conflict disruptions.
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Joy Online
Shell has become the latest energy giant to report a jump in profits following the sharp increase in oil prices since the beginning of the Iran war. …
Shell latest oil giant to see profits surge due to Iran war impactJoy Online
Shell has become the latest energy giant to report a jump in profitsfollowing the sharp increase in oil prices since the beginning of the Iran war. …
Shell latest oil giant to see profits surge due to Iran war impactPresident 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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →