Business figures

Shell and OMV with profits in the billions

2023-02-02 17:21

Philip Akoto

This translation was created with the help of DeepL, original version. More...

Shell expects to have to pay a total of 1.4 billion euros in levies on excess profits in 2023 and 2024. (Image: Shell/Jiri Buller)

Vienna/London (energate) - For Europe's major oil companies, 2022 was a year of extraordinary records. Both the British Shell and OMV from Austria achieved massive profit jumps considering the crisis-related price explosion for gas. The excess profit taxes due in each case appear moderate in comparison. This is shown in the balance sheets of the two companies, which have now been published.

Shell increased its earnings before interest, taxes, depreciation and ...

Would you like to read this and more articles?

Free Trial

30 days free of charge
Ends automatically

Test now

Subscription

Instant activation
Monthly cancellation possible
Payment with common payment methods or by invoice

Book now