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Shell Fuel Windfall Tax Calls After Posting RECORD $9.13bn Quarterly Profits
Shell reported a record Q1 profit of $9.13bn Thursday as soaring energy prices boost their bottom line despite writing down $3.9bn following their partial withdrawal from Russia.
The company will maintain two contracts with a “small, independent Russian producer”, still has long-term contracts to import Russian LNG, and maintains $1bn of Russia assets according to CFO Sinead Gorman.
The company also reported $5.4bn in dividend and share purchase payments. Britain’s Labour Party, meanwhile, is calling for a windfall tax to ease the burden of the energy price surge.
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https://westernstandardonline.....com/2022/04/https-we
Shell Fuel Windfall Tax Calls After Posting RECORD $9.13bn Quarterly Profits
Shell reported a record Q1 profit of $9.13bn Thursday as soaring energy prices boost their bottom line despite writing down $3.9bn following their partial withdrawal from Russia.
The company will maintain two contracts with a “small, independent Russian producer”, still has long-term contracts to import Russian LNG, and maintains $1bn of Russia assets according to CFO Sinead Gorman.
The company also reported $5.4bn in dividend and share purchase payments. Britain’s Labour Party, meanwhile, is calling for a windfall tax to ease the burden of the energy price surge.
Subscribe to RT t.me/rtnews
Restoring Russia/Ukraine Production Vital To Global Food Security - UN
UN Sec Gen Antonio Guterres has admitted there is “no true solution” to global food security without restoring production of Russia and Ukraine’s agricultural, as well as Russia’s fertilizer trade, into world markets.
He highlighted the struggles of sub-Saharan African nations struggling to make ends meet as sanctions force rocketing prices and depleted supplies by cutting Russian exports.
"We need to ensure a steady flow in food and energies through open markets by lifting all unnecessary export restrictions, directing surpluses and reserves to those in need," Guterres said.
Subscribe to RT t.me/rtnews
Restoring Russia/Ukraine Production Vital To Global Food Security - UN
UN Sec Gen Antonio Guterres has admitted there is “no true solution” to global food security without restoring production of Russia and Ukraine’s agricultural, as well as Russia’s fertilizer trade, into world markets.
He highlighted the struggles of sub-Saharan African nations struggling to make ends meet as sanctions force rocketing prices and depleted supplies by cutting Russian exports.
"We need to ensure a steady flow in food and energies through open markets by lifting all unnecessary export restrictions, directing surpluses and reserves to those in need," Guterres said.
Subscribe to RT t.me/rtnews
Adrenochrome: The Leaked Documents (2022):https://www.bitchute.com/video/cWSN0n7Em6M6/.