Oil Companies Soar to Record Profits on Back of War, Global Shortages
Global energy giant Shell has followed U.S.-based Exxon Mobil and doubled its annual profits to a record high last year as prices soared.
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Global energy giant Shell has followed U.S.-based Exxon Mobil and doubled its annual profits to a record high last year as prices soared.
Global energy giant Shell said Thursday that its annual profits doubled to a record high last year as oil and natural gas prices soared.
Global energy giant Shell has followed U.S.-based Exxon Mobil and doubled its annual profits to a record high last year as prices soared.
The gas company Shell had a record-breaking year in 2022. It raked in nearly $40 billion in profits despite a global surge in oil and gas prices, the company announced Thursday.