Shell, the British oil giant, recorded $11.937 billion in Cash Flows From Operations (CFFO) in the first quarter of 2025, compared $9.281 billion in the same quarter of 2024,” reflecting strong operational performance in a less favourable macro environment,” according to a Shell statement.

Meanwhile, the company’s adjusted net profit showed a 22 per cent decline to reach $4.3 billion during Q2 2025, compared to the same quarter of the previous year, a decline caused” by a drop in oil prices, lower gas trading results and outage-related losses” according to Reuters.

The statement said that Shell’s focus “on performance, discipline and simplification helped deliver $3.9 billion of structural cost reductions since 2022. This focus enables us to commence another $3.5 billion of buybacks for the next three months, the 15th consecutive quarter of at least $3 billion in buybacks ”

Shell’s marketing unit, which includes its fuel and charging retail stations, recorded its best results in nearly a decade for the second quarter, Reuters quoted Sinead Gorman, the company’s finance chief, as saying.