Global energy giants Shell and TotalEnergies have posted record Q2, profits and have extended share buybacks after beating industry forecasts. Both firms beat record-breaking previous quarter on the back of soaring crude, gas and oil product prices. The two companies combined are buying back $8 billion in shares in the third quarter after recording their respective highest quarterly profits while keeping their dividends steady, which might disappoint some investors. READ ALSO: Vehicle Crushes Five Ogun Motorcyclists, Kills Three Oil Firms Evade $6.4bn Taxes Payment To Nigeria, NEITI Kicks Nigeria’s Oil…
Read MoreShell, TotalEnergies Q2 Revenues Hit $21.3bn, Surpass Industry Forecasts
