Shell plc released its 2025 Payments to Governments Report detailing $23.8 billion paid globally from oil, gas, and mineral extraction activities. The report covers taxes, royalties, production entitlements, and fees paid to various national and local governments across multiple countries. This transparency aligns with UK, EU, Dutch, and US regulations and highlights Shell's financial contributions to host countries. Investors can use this data to assess Shell's government relations and fiscal responsibilities in its extractive operations.
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In the first quarter, major oil companies like TotalEnergies, Shell, and BP saw significant profit boosts from their trading desks, which manage physical oil and gas transactions and price risks. These trading units thrived amid volatile oil prices c...
