Shell doubles profit in 2022 to record-breaking $40 billion

UK-headquartered energy giant Shell recorded the highest-ever profit on a year-on-year basis last year, reaching nearly $40 billion, which surpassed its previous annual record of $28.4 billion in 2008. In addition, the record-high profit from 2022 is more than double the firm's full-year 2021 profit of $19.29 billion.