Shell annual profit hits record $42.3 billion
General view of a Shell petrol station sign in Milton Keynes, Britain, January 5, 2022. REUTERS/Andrew Boyers/File Photo
Shell's net profit surged to a record $42.3 billion last year, the British energy giant said Thursday, as Russia's invasion of Ukraine sent oil and gas prices soaring.
The post-tax figure was more than double the amount achieved in 2021, the group's earnings statement revealed.
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