Shell profits nearly halve in fourth quarter on weaker trading and exploration write-offs

Company confirms buyback worth another $3.5 billion and increases dividend by 4% as it posts 'second-largest cash flow in history' for 2024

Wael Sawan, Shell chief executive.
Wael Sawan, Shell chief executive.Photo: SHELL
Published 30 January 2025, 07:23Updated 30 January 2025, 10:56
ShellEuropeWestern Europe