Shell (SHEL LN) CFO says extra funds in the balance sheet are for additional buybacks at a later point
Shell’s CFO indicating that the extra funds on the balance sheet are earmarked for future buybacks signals confidence in cash flow and operational strength.
EU agreement on the EU-US trade deal is within reach, Politico reports citing MEP Lange
Shell (SHEL LN) CFO says we have dug ourselves a hole close to a billion bbls of crude shortage and the hole is deepening every day
Shell (SHEL LN) CFO says extra funds in the balance sheet are for additional buybacks at a later point
A telephone conversation occurred between the Foreign ministers of Iran and Pakistan, Tasnim reports; emphasised the importance of continuing the path of dialogue and diplomacy
Iraqi Oil Ministry Spokesperson says the Basra-Haditha pipeline project will export 2.5mln barrels per day through Syria, Turkey and Jordan
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This move is likely intended to enhance shareholder value and could position Shell positively in comparison to peers, particularly in a volatile energy market where many firms are focused on dividends and capital returns.
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