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ABC News
ABC News
Business

Shell profit doubles to record $56 billion in 2022 as war drives up energy costs

Global energy giant Shell has said that its annual profits doubled to a record high last year as oil and natural gas prices soared after Russia's invasion of Ukraine.

London-based Shell Plc posted adjusted earnings of $US39.9 billion ($A55.99 billion) for 2022 in its financial results for the final three months of the year.

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