Shell's net profit rises 68% on oil prices, pipeline sale
Article Abstract:
Royal Dutch-Shell Group of Cos. of the Netherlands posted net profit increases of 68 percent to $9.03 billion for the third quarter up from $5.37 billion a year earlier. The petroleum giant's revenue rose eight percent to $76.44 billion from $70.69 billion. High returns are bouyed by soaring oil prices, increased refining profits and increased revenues from divestments.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Shell buys rights to oil-sands field for $400 million
Article Abstract:
Royal Dutch-Shell Group of Cos. of the Netherlands has bought oil sands in Alberta, Canada for $465 million Canadian Dollars ($400 million United States Dollars). With skyrocketing oil prices and decreasing petroleum reserves, the oil sands have become targeted for new investment.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: ECB's plan to raise rates marks gamble for Trichet. Business growth fails to match export gains
- Abstracts: U.S. widens probe of vitamins pricing. In Russia, securing its nuclear arsenal is an uphill battle
- Abstracts: Plot twist: To compete with book chains, some think big. Blockbuster offers to buy Hollywood Entertainment. Losing their souls
- Abstracts: Oracle Profit Slips 2.1% on costs tied to PeopleSoft acquisition. Oracle's net gained 16% in quarter drop in sales of software for business applications is 'aberration,' official says
- Abstracts: For soaring Google, next act won't be as easy as the first. Nielsen to expand Chinese operations. TV drama: For Nielsen, fixing old ratings system causes new static