Shell has reported profits of over $5bn for the second quarter of the year. The company blamed falling oil and gas prices as well as its lower of fossils fuel production for the profit slump. According to analysis by the NGO Global witness shell investment in oil and gas projects for 2023 predicted to increase by 10%from previous year. https://www.theguardian.com/business/2023/jul/27/shell-profits-oil-gas-price-shareholders.
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This is crazy to think of.