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The Independent UK
The Independent UK
National
August Graham

Shell to hand £6bn to shareholders as oil and gas prices soar

PA Wire

It has been a bumper three months for energy giant Shell, which managed to increase its profits nearly fourteen-fold amid soaring oil and gas prices.

As prices surged, the company’s upstream unit was able to collect 8.88 dollars for every thousand cubic feet of gas it sold to customers over the last quarter of 2021.

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