Shell posts strongest quarterly earnings in two years, driven by acquisitions and efficiency gains

Shell reported its best quarterly earnings in two years, fueled by its recent acquisition of ARC Resources and the sale of underperforming assets. These moves focus on expanding profit margins and protecting against downside risks. Although short-term production was affected by disruptions in the Middle East, upcoming growth projects are expected to offset these losses. The company also raised its dividend, signaling confidence in sustained profitability and ongoing turnaround efforts.