Soaring oil prices send Shell profits rocketing by more than 50% to £68 billion
In its quarterly results, the energy giant also announced its shareholders would get a 15% dividend increase and share buyback options.
Shell
Latest Stories
Shell won't pay the UK windfall tax this year despite eye-watering profits
Shell has made $30 billion (£26 billion) in the first nine months of 2022 and is on course to make a truly staggering annual profit.
British Gas and Shell announce billions in profits as energy bills surge
It comes as gas prices have hit record highs following Russia's invasion of Ukraine and UK households brace for the energy price cap to rise ahead of winter.