Ben Van Beurden, chief executive of Shell, said that the company’s performance “has been helped by the macro and the macro has been impacted by the war in Ukraine”. He added that this situation means “we do have a better company, we do have a better performance, and yes indeed our shareholders will benefit from that as well”.
Murray Auchincloss, BP’s chief financial officer, said in February: “Certainly, it’s possible that we’re getting more cash than we know what to do with.”
Largest oil and gas producers made close to $100bn in first quarter of 2022 | Oil | The Guardian
Just a thought: how about mopping up the Niger Delta?