Oil and gas giant Shell reported a doubling in profits on Thursday due to higher oil prices and strong demand for gas.

Net income based on the current cost of supply was $7.2bn in the third quarter, double the previous year’s figure.
Shell, which is based in The Hague, said production fell 2% to just over three million barrels of oil, following the divestment of non-core activities. Excluding the sell-off, production would have risen 2%, the company said in a statement.