Shell Reports Record Utilization in Refining Business with $9 Billion Adjusted Net Income
Earnings·1 article across 1 outlet
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Shell Chief Executive Officer Wael Sawan stated that the company is "built to be able to handle volatility." He added that Shell also had record utilization in its refining business, noting, "We haven't seen that in over a decade."
The comments were made during an interview with Bloomberg Television, where Sawan highlighted the company's strong performance, with adjusted net income rising to $9 billion.
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“Shell Chief Executive Officer Wael Sawan says the company is "built to be able to handle volatility."”
Bloomberg — Shell Had Record Utilization in Refining Business, CEO Sawan Says