Shell posted nearly $10 billion in second-quarter results as consumers struggled with higher living costs and the U.K. suffered a deadly heatwave, Jake Johnson reports. Oxfam projected earlier this week that the world’s six largest fossil fuel corporations — Shell among them — would double their combined profit in the second quarter of 2026. “This underlines the urgent need to end our dependence on costly oil and gas.” From April to June, Shell posted $9.84 billion in profit — the company’s best quarter in four years. “While the cost of living crisis continues to spiral, with food and fuel prices soaring,” Polanski wrote, “so do global oil and gas companies profits.”