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		</div><p>Royal Dutch Shell has notched up a 36% hike in annual earnings thanks to higher oil prices.</p>
<p>The blue chip giant posted underlying earnings of 21.4 billion US dollars (€18.6 billion) for 2018, with its fourth-quarter profits up by 32% to 5.7 billion US dollars (€5 billion) despite more recent falls in the cost of crude.</p>
<p>On a reported basis, earnings attributable to shareholders nearly doubled, up 97% to 23.8 billion US dollars (€20.7 billion).</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">Our strong results for the fourth quarter of 2018 and positive performance throughout the year show that our strategy is working. Hear from Shell CFO Jessica Uhl ðº <a href="https://twitter.com/hashtag/ShellResults?src=hash&;ref_src=twsrc%5Etfw">#ShellResults</a> <a href="https://t.co/1yqIfVB65W">pic.twitter.com/1yqIfVB65W</a></p>
<p>&mdash; Shell (@Shell) <a href="https://twitter.com/Shell/status/1090868148700618752?ref_src=twsrc%5Etfw">January 31, 2019</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Chief executive Ben van Beurden said: <em>“Shell delivered a very strong financial performance in 2018.</em></p>
<p><em>“We delivered on our promises for the year, including the completion of the 30 billion US dollar divestment programme and starting up key growth projects while maintaining discipline on capital investment.”</em></p>
<p>The underlying profit haul was its highest for four years and was better than analysts expected.</p>
<p>As well as higher oil prices throughout the bulk of the year, Shell also benefited from dramatic cost-cutting, while it has likewise been selling off assets.</p>
<div class="SandboxRoot env-bp-350" data-twitter-event-id="1">
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<p>Mr Van Beurden has been leading an ambitious cost-cutting drive since the industry was buffeted by the 2014 oil price crash.</p>
<p>On announcing the full-year results, he also cheered the completion of his 30 billion US dollar (€26 billion) divestment initiative.</p>
<p>But looking ahead to the first quarter of 2019, Shell said it was braced for declining production in its integrated gas and upstream divisions due to the impact of divestments.</p>
<p>Oil products sales volumes are also expected to fall in the first quarter.</p>
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