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The National (Scotland)
The National (Scotland)
National
Jamie Calder

Outrage as 'maniacal' Shell profits amid backdrop of war and wildfires

Shell North Sea Andy Burnham Oil Donald Trump Climate Change
Shell's profits have surged as the firm exploits the price shocks of the Iran war (Image: Yui Mok)

"STRUCTURAL reform" is needed to combat climate change and bring down energy bills, campaigners have said as one of the North Sea's largest oil and gas firms revealed profits of more than £12 billion in the first half of 2026.

Shell has revealed a better-than-expected 70% surge in first-half earnings despite “severe disruption” in oil and gas markets amid the Iran war.

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