Shell profit doubles to record high as Russia-Ukraine war drives up energy costs
Shell is the latest oil company to report bumper profits even as the fossil fuel industry faces increasing pressure to cut climate-changing carbon emissions.
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Shell is the latest oil company to report bumper profits even as the fossil fuel industry faces increasing pressure to cut climate-changing carbon emissions.
An international quartet of Greenpeace-affiliated climate activists have boarded a Shell-contracted vessel bound for the oil fields of the North Sea with a simple message for the fossil fuel company: “Stop Drilling. Start Paying.”
Global energy giant Shell said Thursday that its annual profits doubled to a record high last year as oil and natural gas prices soared after Russia invaded Ukraine. London-based Shell Plc posted adjusted earnings of $39.9 billion for 2022 in its financial results for the final three months of the year.
Global energy giant Shell said Thursday that its annual profits doubled to a record high last year as oil and natural gas prices soared.
Four Greenpeace activists on Tuesday boarded the heavy transportation vessel carrying Shell's Penguins FPSO aboard, calling…