Year-end financials

International hydrocarbon company Energean recorded an after-tax profit of $17.3m last year, a major improvement on the $96.2m loss in 2021.    

The Saudi Arabian Oil Company (ARAMCO) has committed to expanding oil and gas production alongside low-carbon technologies after posting record net income of $161.1bn in 2022, its highest annual profits as a listed company.

Air Liquide overcame a challenging geopolitical and economic environment to post sales of €29.9bn in 2022.

Strong performances in its Energy Marketing and Trading (EMT) division and the global LNG market contributed to Centrica recording a £3.3bn profit in 2022.

Equinor has made an oil and gas discovery close to the Troll field in the North Sea, its seventh discovery in this area since autumn 2019, after posting net income of $28.7bn in 2022.

TotalEnergies recorded a 95% jump in net income with its Integrated Gas, Renewables and Power (IGRP) division in 2022 on the back of strong LNG sales and regasification capacity in Europe.

Linde recorded an adjusted operating profit of $7.9bn ($7,904m) in 2022, up 10% on 2021, and maintains it is on track for a ‘record year’ in 2023.

Gas and low carbon energy contributed more than half to bp’s $27.6bn (£23bn) profits in 2022 as the energy giant capitalised on soaring energy prices.

Shell’s adjusted Q4 2022 earnings of $9.8bn were mainly driven by the strong performance of its Integrated Gas business and the energy major recorded just under $40bn in annual earnings on the back of soaring...