Hong Kong
CNN
 — 

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.

Shell

(RDSA)
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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