THE TIMES (UK): Shell profits surge 28% despite production fall
By Carl Mortished, International Business Editor
April 29, 2005
SHELL pleased its investors yesterday with unexpectedly strong quarterly earnings, helped by high oil prices and refining margins.
Profits for the first three months of the year on a current cost basis were up 28 per cent to a record $5.55 billion (£2.9 billion), roughly equal to its rival BP, which reported first-quarter earnings on Tuesday.
The Anglo-Dutch company’s report was free of unwelcome surprises about oil and gas reserves but production continues to decline at the world’s third-largest oil company. read more
*This website and sisters
royaldutchshellgroup.com,
shellnazihistory.com,
royaldutchshell.website,
johndonovan.website,
shellnews.net, and
shellwikipedia.com, are owned by
John Donovan - more information
here. There is also a
Wikipedia segment, the
Shell DPA Files,
"Shell and the Spies", the
Shell Leaks files, the
Independent Shell Archive, as well as books written and published by John Donovan -
Kindle eBooks.
Timeline of the Donovan Shell Feud.
Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years.
*All conjured up by internet wizz,
Nick Gill.