Shell announces £68,100,000,000 annual profit due to soaring oil prices

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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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May be we need time kind of international tax which multinationals cannot avoid and the proceeds go to help countries in need.

Robbing, murdering bastards

If gas / oil prices have now dropped why have domestic bills also not gone down?

Bless Shell_UKLtd BoycottShell

We do nothing to stop them so we deserve what’s happening to bills! If EVERYONE got off their bums & brought this country to a standstill we’d get an election & hopefully a government to put an end to the sheer greed! I wish we’d had a log burner fitted instead of a gas fire!

Surprise, surprise!

Tories have allowed shell to get away from not at all NG proper taxes and even subsidising thrm. They are profiteering with massive hikes and people are going cold and hungry but the government put they mates before people and planet.

Didn't see that happening!

Sickening.

Good news I enjoy filling up the car knowing I am funding the leeches within government and the shareholders

Whoever rips us off the most are going to make the most profits 🤷🏽‍♂️

That's nice...

They remind me of this guy

moniquephotos Thank God I was so worried that oil companies were on the ropes and having to cut back and use budget brand products. I am so relieved.

Obscene while they milk and rinse Joe Public 🤷🏼💷💷💷💷

Disgusting

Of course they did

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