Activists from Greenpeace set up a mock-petrol station price board displaying the Shell's net profit for 2022.
LONDON — Energy giant Shell has reported its highest annual profits in the company's 115-year history,London-based Shell's profits for 2022 were almost $40 billion, twice those reported for 2021, at a time of continued political debate about more targeted taxation on energy companies. As U.K. households struggle thanks to elevated energy prices and correspondingly high inflation, Shell's announcement will fuel fresh demands that Prime Minister Rishi Sunak's government ratchet up a kind of"windfall" tax on such profits. The E.U.
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Shell reports record profits as energy prices soar after Russia's invasion of UkraineShell reported its highest annual profits in more than a century — nearly $40 billion in 2022, twice what it made in 2021 — after energy prices soared due to the war in Ukraine. And their US tax bill was....? This is great news It’s sickening!
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Shell profit doubles to record high as Russia-Ukraine war drives up energy costsShell is the latest oil company to report bumper profits even as the fossil fuel industry faces increasing pressure to cut climate-changing carbon emissions.
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Shell adjusted profit of $9.8 billion beats forecasts, boosted by soaring energy pricesShell's $41.6 billion full-year profit surpassed the London-based company's previous record of $31.4 billion in 2008 so it wasn't about shortages it was all about profit gotcha Shell posted a record annual profit of $41.6B, joining US oil giants in their comeback from early pandemic losses. Q4 profit was boosted by strong performance in the LNG business. New CEO Wael Sawan takes the helm, focused on driving growth in renewable energy. oilindustry Drill baby drill…FJB
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British energy giant Shell sets new record of $40B annual profitBritish company's record earnings is more than double from a year earlier, intensifying pressure on governments to further raise taxes on the sector as consumers struggle to afford fuel.
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Shell profit doubles to record as war drives up energy costsGlobal energy giant Shell said Thursday that its annual profits doubled to a record high last year as oil and natural gas prices soared after Russia's invasion of Ukraine. But sure, President Biden is to blame for high gas prices… That’s really great for them. 😑 Big Oil and big profits will eventually hurt your future. Americans are finding ways and will continually find ways to circumvent these gouging greedy people. All will eventually level out. We will have the last laugh when no body is utilizing fossil fuels like we do anymore.
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Shell profit doubles to record as war drives up energy costsShell is the latest oil company to report bumper profits, which risks reigniting public... Just like Biden wanted
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