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💵 Shell recorded a bumper profit of around $40 billion in 2022, thanks to increasing gas prices as Russia's invasion of Ukraine led countries to wean themselves Russian fuel imports. The majority of profits came from Shell's gas operations. Follow benzinga Shell chief executive Wael Sawan said: "Our results in Q4 and across the full year demonstrate the strength of Shell's differentiated portfolio and our capacity to deliver vital energy to our customers in a volatile world." "We believe Shell is well positioned to be the trusted partner through the energy transition." . . . . . . . .
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