The British energy giant said its net profit more than doubled to US$12.1 billion in the third quarter as the war sent oil and gas prices soaring.
Key takeaways
Shell reported a third‑quarter 2025 profit after tax of US$5.3 billion, with revenue rising to US$92.8 billion, driven by record refining margins amid Middle East and Ukraine conflicts.
- Profit after tax reached US$5.3 billion, up from previous year’s figures.
- Revenue increased to US$92.8 billion, a significant jump from US$68.2 billion a year earlier.
- Refining margins hit a record high due to supply disruptions from Middle East and Ukraine wars.
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Shell's revenue rose sharply to US$92.8 billion from US$68.2 billion in the same period a year earlier. (EPA Images pic)LONDON: British energy giant Shell said Thursday that its net profit more than doubled to US$12.1 billion in the third quarter as the Middle East war disrupted supplies and sent oil and gas prices soaring.
The company had posted profit after tax of US$5.3 billion in the third quarter of 2025.
"Shell's relentless focus on operational performance enabled very strong results in a quarter with continued severe disruption to the global energy system," chief executive Wael Sawan said in a statement.
Revenue rose sharply to US$92.8 billion from US$68.2 billion in the same period a year earlier.
