Shell Q1 Profit Drops 35%, Holds Shareholder Returns
By Ayomide Otitoju British energy giant Shell reported a 35% decline in first-quarter net profit on Friday, citing weaker oil prices, but moved to reassure investors with strong shareholder returns. In its Q1 2025 earnings statement, Shell posted a net profit of $4.8 billion attributable to shareholders, down from $7.4 billion in the same period…