Story perspectives

Wind Profit Rises Amid Crisis, Shell Soars; Tax Demanded

5/7/2026

Summary

**Shell Profit Surge**

Vestas posted a large Q1 profit rise, citing wind sales because of the Iran war, while Ørsted posted stronger profit and said the Middle-East crisis drives faster offshore-wind deployment.
Shell reported $6.9 bn Q1 profit, a 115% jump from $3.2 bn in 2025, while oil output fell 4% after a drone-damaged Qatar plant needs repairs.
Climate groups urged stronger windfall taxes on Shell’s profits to fund relief for households facing energy bills.

Summary

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**Shell Profit Surge**

Vestas posted a large Q1 profit rise, citing wind sales because of the Iran war, while Ørsted posted stronger profit and said the Middle-East crisis drives faster offshore-wind deployment.
Shell reported $6.9 bn Q1 profit, a 115% jump from $3.2 bn in 2025, while oil output fell 4% after a drone-damaged Qatar plant needs repairs.
Climate groups urged stronger windfall taxes on Shell’s profits to fund relief for households facing energy bills.

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