British oil giant Shell reported $28.25 billion earnings for 2023, a 29% drop compared to its highest-ever annual profit of $39.9 billion

OIL AND GAS — British oil giant Shell on Thursday beat expectations for full-year profit, announcing a 4% increase to its dividend and a $3.5 billion share buyback program. Shell reported adjusted earnings of $28.25 billion for the full-year 2023, a 29% drop compared to its highest-ever annual profit of $39.9 billion the year prior... cnbc.com