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Shell and TotalEnergies double profits on a refining boom
Reported by MercoPress UK
Shell and TotalEnergies reported doubled third-quarter 2026 profits, their strongest quarterly results since 2022, citing higher refining margins amid Middle East tensions. Both companies also expanded their share buyback programmes.
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Why it matters
The report describes stronger quarterly earnings and expanded buybacks at two oil majors.
Generated scores
Scores are based on the cited reporting and use a 1–10 scale. Read the methodology.
- Confidence
- 6/10
- Geographic reach
- 2/10
- Global importance
- 2/10
- Impact magnitude
- 2/10
- Urgency
- 1/10
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