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Shell’s ‘obscene’ $5bn profits prompt outrage amid climate crisis

Campaigners criticise plan to increase oil and gas production despite extreme heat in Europe

Shell has reported profits of just over $5bn (£3.9bn) for the second quarter of the year, prompting outrage among campaigners who called the figures obscene, and a protest at the company’s London headquarters.

The company’s second-quarter profits were down sharply from $11.5bn in the same months last year. Climate activists have criticised the company’s plan to increase oil and gas production despite record-breaking temperatures across Europe triggered by the climate crisis.

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