Oil giant Shell posts record $39.9-billion profit

Photo by: Shell
Photo by: Shell

(London) -- Oil giant Shell today posted its highest-ever annual profit, just under 40-billion dollars for 2022.

That's more than double the company's 2021 full-year profit of less than 19-point-three billion.

Shell reported adjusted earnings of nine-point-eight billion dollars for the fourth quarter of 2022.