London, Feb 5, 2026 (AFP) - Shell profits climb 11% despite falling oil prices

NAMPA / AFP

2026-02-05

British energy giant Shell said Thursday that its net profit rose 11 percent last year as higher volumes and lower costs helped to offset falling oil and gas prices. Profit after tax climbed to $17.84 billion in 2025 from $16.1 billion a year earlier, Shell said in a statement. Energy prices faced pressure last year on concerns that US President Donald Trump's tariffs would hurt economic growth. They dropped further as a result of higher output b......

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