Shell’s profits pass $43bn after production hits new highs in Brazil and Gulf of Mexico
PositiveWorld Affairs

Shell has reported impressive profits exceeding $43 billion this year, driven by record production levels in Brazil and the Gulf of Mexico. This marks a significant achievement for the oil giant, which has also announced plans for its 16th consecutive share buyback. While these profits highlight the company's strong performance, they have sparked protests from activists who label the earnings a 'horror show' in the context of climate change. This situation underscores the ongoing tension between fossil fuel companies and environmental concerns.
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