Terry Macalister guardian.co.uk, Thursday 2 February 2012 17.44 GMT Shell has been accused of “moral bankruptcy” by unions after unveiling a 54% rise in full-year profits less than a month after shutting its final salary pension scheme to new employees in Britain. The oil company reported global annual earnings of $28.6bn (£18bn) more than [...]
Posts under ‘Oil Prices’
Shell eyes big growth, but at big cost
Thu Feb 2, 2012 3:45am EST * Fourth quarter results disappoint * Anaemic dividend rise * Higher investments seen but returns weaken * Shares drop By Tom Bergin LONDON, Feb 2 (Reuters) – Royal Dutch Shell said it was targeting aggressive growth in the coming years, with the start-up of big new projects and higher [...]
Shell Earnings Decline on Lower Gas Prices
By Eduard Gismatullin – Feb 2, 2012 8:02 AM GMT Royal Dutch Shell Plc (RDSA), Europes biggest oil company, expects to raise its dividend this year for the first time since 2009 as new projects generate more cash. Shell plans net capital investment of $30 billion, with cashflow from operations in 2012-2015 expected to be [...]
Shell’s quarterly adjusted earnings up 18%
Feb. 2, 2012, 2:39 a.m. EST By Alexis Flynn LONDON (MarketWatch) — Royal Dutch Shell PLC Thursday posted an 18% rise in adjusted profit for the fourth quarter, but Europe’s largest company by market capitalization still missed analyst expectations, as poor refining margins and lower natural gas demand crimped some of the benefits of higher [...]
Shell Seen Raising Dividend for First Time Since 2009: Energy
Shell may even go as far as paying a special dividend or buying back shares to maximize shareholder value, according to analysts at Citigroup Inc.
Weaning Royal Dutch Shell off Iranian Oil
By John Donovan Royal Dutch Shell CEO Peter Voser is reluctantly considering how best to wean Shell off the supply of blood tainted Iranian oil. Shell is one of the biggest consumers of Iranian oil – see article below. The relationship between Shell and Iran has continued unabated for many years, while the fanatical Iranian [...]
Shells profits surge 175 per cent to $27.3 billion
Sunday Express Sunday 29 Jan 2012 By Tracey Boles ROYAL Dutch Shell is set to gush full-year profits of $27.3 billion (£17.4 billion) for 2011, a 175 per cent increase in a year. The expected surge in earnings comes despite fourth-quarter profits hurt by lower demand because of the warm winter weather. The results, buoyed [...]
Profits at Shell set to anger drivers
Published on Sunday 29 January 2012 00:00 HIGHER annual and quarterly profits from oil heavyweight Royal Dutch Shell are this week expected to ignite the fury of hard-pressed drivers who continue to face near record prices at the petrol pump. But the figures are likely to spell good news for investors as analysts raise the [...]
Can Big Oil Repeat Its Big Year?
JANUARY 23, 2012 By LIAM DENNING Even today, $1.67 trillion is a lot of money. That is the amount wiped off the combined market capitalization of the top 50 energy companies between the end of 2007 and the end of 2011. Breaking it down offers big clues on Big Oil’s prospects for 2012. Every year, [...]
Europe’s Oil Firms Cook Up a Treat
JANUARY 12, 2012 By ALEXIS FLYNN European energy companies are expected to return more money to shareholders in 2012 as stubbornly high oil prices swell their balance sheets. With full-year results only weeks away, expectations are growing that heavyweights like Royal Dutch Shell will cap an extraordinary 12 months by raising dividends. According to Deutsche [...]
Big Oil Heads Back Home
Energy companies are shifting their focus away from the Middle East and toward the Westwith profound implications for the companies, global politics and consumers DECEMBER 5, 2011 By GUY CHAZAN Big Oil is redrawing the energy map. For decades, its main stomping grounds were in the developing worldexotic locales like the Persian Gulf and the [...]
Shell voices long-term concerns over Europe as profits double
By Emma Rowley EUROPE’S failure to cultivate growth is a bigger worry for oil and gas major Royal Dutch Shell than the region’s current sovereign debt crisis. The Anglo-Dutch company has cut its support of European projects to just 15pc of its total investment spend, which it puts at $100bn (£62bn) over four years. Shell [...]
Shell looks to North Sea as European investment cut
MARK WILLIAMSON 28 Oct 2011 ROYAL Dutch Shell said it would curb investment in Europe where it expects the economy to stagnate, but made clear it would still spend in the North Sea. Announcing bumper profits driven by high oil prices, the oil and gas giant said it will shift a growing share of its [...]
OIL GIANT ROYAL DUTCH SHELL PROFITS BONANZA
By David Cralk: Friday October 28,2011 OIL giant Royal Dutch Shell unveiled a doubling in profits yesterday thanks to higher prices as it vowed to slash European investment because of economic fears. Chief executive Peter Voser said the group was making good progress as it reported third-quarter profits of $7.2billion (£4.5billion) for the period to [...]
SHELL’S PROFITS HIT £49m A DAY
By STEVE HAWKES, Business Editor: Friday 28 October 2011 *£12.5bn cash in the bank *90,000 staff around the world *3m output in millions of barrels a day SOARING oil and gas prices have sent profits surging to £49million a day at SHELL. The energy giant made a whopping £4.5billion over the three months to October [...]


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