BREAKING: Shell has announced that their profits increased by 53% to 84.3 billion dollars (£68.1 billion) in 2022.
due to soaring oil prices, the energy giant has announced.
The company’s chief executive Wael Sawan said: ‘Our results in Q4 and across the full year demonstrate the strength of Shell’s differentiated portfolio, as well as our capacity to deliver vital energy to our customers in a volatile world.‘As we continue to put our Powering Progress strategy into action, we will build on our core strengths, further simplify the organisation and focus on performance.
‘We intend to remain disciplined while delivering compelling shareholder returns, as demonstrated by the 15% dividend increase and the four-billion-dollar share buyback programme announced today.’
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