Royal Dutch Shell Plc expects to make its first profit from pumping oil since the start of the pandemic, the petroleum giant said.

Royal Dutch Shell Plc disclosed the profitability of its sprawling and secretive oil-trading unit for the first time, saying it almost doubled to $2.6 billion last year.

One week and two deals later, BP Plc has cemented the view that for an oil and gas company to go green, it must sacrifice profits.