(London) Oil giant Shell today posted its highest-ever annual profit, just under 40-billion dollars for 2022. That's more than double the company's 2021 full-year profit of less than 19-point-three billion. Shell reported adjusted earnings of nine-point-eight billion dollars for the fourth quarter of 2022.
A London judge has ruled that an attempt by the main debtor to failed mini-bond lender London Capital & Finance to assign away its rights to an £8 million loan ($9.6 million) for £1 was void, concluding that the board of directors did not sign off on the deal.