Firm benefits from conflict to rake in $6.9bn as higher energy prices turbocharge profits ...

WARRI, Nigeria (AP) — Shell is temporarily closing the terminal exporting Nigeria’s benchmark Bonny Light crude oil as militant attacks have cut production in Africa’s biggest petroleum producer.

While oil and gas majors have been benefiting from higher prices, Shell is also exposed to the effects of war-related disruption.

Shell said Wednesday's attack on Qatar's Ras Laffan Industrial City caused damage to the Pearl GTL (gas-to-liquids) facility, adding the fire was ⁠quickly put out, there ⁠were no reported injuries and ...