Hong Kong

Shell reported a blockbuster revenue of just about $40 billion in 2022 on Thursday, double what it took in the earlier yr.

The oil big posted a whopping $39.9 billion in adjusted earnings for the total yr, the newest signal of how vitality producers are having fun with bumper earnings amid robust oil and gasoline costs.


additionally introduced $4 billion in share buybacks and confirmed it might carry its dividend per share by 15% for the fourth quarter.

The corporate posted $9.8 billion in revenue within the fourth quarter, largely pushed by its built-in gasoline enterprise, Shell CEO Wael Sawan mentioned in a press release.

This can be a creating story and shall be up to date.

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