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Shell profit up 30 percent but below expectations



Oil giant Royal Dutch Shell posted a 30 percent increase in net income in the second quarter of 2018, announcing a $ 25 billion share buyback program.

9659003] "Upstream" refers to the exploration and production sector of the oil industry, while "downstream" mainly concerns the refining process.

Shell also announced it would launch a share buyback program of at least $ 25 billion during this period in 2018-2020, subject to further progress on debt reduction and oil pricing. "


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