British multinational oil and gas company Shell made a record $40 billion profit last year, the highest in its 115-years of existence, as Russia's offensive in Ukraine sent oil and gas prices soaring.

Shell makes $40 billion profit in 2022, highest in its 115 years of existence

British energy giant Shell on Thursday announced net profit totalling $6.7 billion in the third quarter, as oil and gas prices remain strong despite recent slides on easing supply fears.

Shell posts more bumper profits on high energy prices

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Shell makes $40 billion profit in 2022, highest in its 115 years of existence

Shell posts more bumper profits on high energy prices