shell
Shell announces all-time record annual profits of more than £32bn as energy bills soar

Shell announces all-time record annual profits of more than £32bn as energy bills soar

Another oil company announces record profits… Shell has announced record annual profits of $39.9bn (£32.2bn). The London-listed company made more than £68bn in 2022, but once adjusted earnings are taken into account, this gave the company a profit of £32.2 billion. The profits also came thanks to bumper gas prices as Russia’s invasion of Ukraine […]

3 years ago

Shell boss urges UK government to tax gas and oil companies to help poorest

Shell boss urges UK government to tax gas and oil companies to help poorest

High prices and market volatility is “damaging to society”, he said The chief executive of Shell has implored the government to start taxing oil and gas companies in order to protect the poorest people in society from soaring energy costs. Speaking at the Energy Intelligence Forum in London, Ben van Beurden said: “One way or […]

3 years ago