Shell posts profit of nearly $40 billion and announces $4 billion in buybacks

Shell posts profit of nearly $40 billion and announces $4 billion in buybacks

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Shell reported a blockbuster profit of almost $40 billion in 2022 on Thursday, double what it took in the previous year. The oil giant posted a whopping $39.9 billion in adjusted earnings for the full year, the latest sign of how energy producers are enjoying bumper profits amid strong oil and gas…

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