Royal Dutch Shell posts £16.3bn profit for 2018


The blue-chip giant Royal Dutch Shell, annual earnings are up 36% due to higher oil prices. The oil and gas company posted underlying earnings of £16.3bn for 2018, and Q4 profits up to £4.3bn.

Ben van Beurden, chief executive of Royal Dutch Shell said, Shell delivered a very strong financial performance in 2018.

“We delivered on our promises for the year, including the completion of the 30bn US dollar divestment programme and starting up key growth projects while maintaining discipline on capital investment.”