Shell reports highest profits in company’s 115-year history

Shell marks highest profit in company's 115-year history despite prices remaining high

The gas company Shell had a record-breaking year in 2022. It raked in nearly $40 billion in profits despite a global surge in oil and gas prices, the company announced Thursday.

Shell reports highest profits in company’s 115-year history

The fossil fuel giant continues to set the trend of record energy company profits off the back of soaring prices caused by the war in Ukraine.

Shell made the biggest profit in its 115 year history last year

The company had a profit of 14.5 thousand billion forints. Many people are less than the rates of taxes paid by energy companies.

Shell profits double to €38 billion in 2022, the highest in the company's 115-year history

The figure was more than double the amount in 2021.