The oil giant has been battered by tumbling demand for energy amid the global health crisis.

That's or adjusted earnings for 2020 slump 71% to $4.8 billion.

Even so, that is better than the huge losses posted by some rivals.

Shell was helped by resilient trading at its network of more than 45,000 filling stations, where it also operates convenience stores.

Like other oil majors, Shell is responding to the tough environment with big spending cuts.

It's also planning a restructuring as part of a plan to cut its greenhouse gas emissions to net zero over the next 30 years.

The firm plans to cut 9000 jobs as it makes the shift to low carbon energy.

Shell shares collapsed in 2020 hitting their lowest in more than a quarter of a century.