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British energy giant reports highest-ever profit
Soaring fuel prices bolstered Shell’s earnings to a record $40 billion last year UK-based oil and gas major Shell posted a record-breaking $39.9 billion annual profit in 2022, while British households and businesses struggled with skyrocketing energy bills.  The company stated on Thursday that the figure far exceeded the previous record of $28 billion in 2008, and was more than double its 2021 profit of $19.29 billion. It also posted record fourth-quarter profit of $9.8 billion on the back of a strong recovery in earnings from liquefied natural gas trading. “Our results in Q4 and across the full year demonstrate t

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