Oil company Shell says is still mulling moving its stock market listing from London to New York but that it wasn't a “live discussion” at the moment.

Shell has reported that it earned nearly $5.1 billion in the second quarter.

The head of global energy giant Shell says it would be “irresponsible” to cut oil and gas production at a time when the world economy is still dependent on fossil fuels.

Global energy giant Shell says annual profits doubled to a record high last year as oil and gas prices soared after Russia’s invasion of Ukraine.

Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge as oil and natural gas companies are under pressure to shift away from fossil fuels.