11.02.2023 - 05:27 [ Forbes ]

Shell Reports Record Profits As Oil Giants—Including Exxon, Chevron—Cash In On Sky-High Prices After Russian Invasion Of Ukraine

(Feb 2, 2023)

Shell reported an annual profit of nearly $40 billion in 2022, the highest in the firm’s 115-year history.

The figure is more than double the $19.3 billion the firm reported in 2021 and far greater than its previous record of $31 billion in 2008.