Shell spends twice as much on marketing as it does on renewable energy, group alleges

The British oil company, which is valued at £168bn,, it posted profits of £32.2bn last year as energy prices soared due to the war in Ukraine. Shell also spent £18.4bn on share buybacks.. Across its business, Shell said today that it expected to pay £1.9bn in tax. In previous years, Shell said it did not make a taxable profit because of heavy investment.

Shell insisted the marketing budget, which includes the advertising, selling and delivery of its products, also involved some clean energy investments such as the installation of electric chargers at its petrol stations.

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Shell announces £68,100,000,000 annual profit due to soaring oil pricesBREAKING: Shell has announced that their profits increased by 53% to 84.3 billion dollars (£68.1 billion) in 2022. Of course they did Disgusting Obscene while they milk and rinse Joe Public 🤷🏼💷💷💷💷
Source: MetroUK - 🏆 13. / 82 Read more »