| LNG growth boosts Shell's bottom line | |
| Lloyds List; May 05, 2006 | |
SHELL achieved a larger than expected rise in first quarter profit, thanks partly to strong earnings growth in liquefied natural gas, writes Tony Gray. The oil major lifted current cost of supplies net income by 12% to $6.08bn from $5.45bn thanks to strong oil and gas prices. Shell's exploration and production division lifted earnings by 27% to $3.74bn from $2.95bn, and accounted for 61% of the group total. Production fell 3% to 3.74m barrels of oil equivalent a day from 3.84m boe, reflecting the partial shut-in of production in Nigeria due to civil disturbances and hurricanes in the Gulf of Mexico. On a negative note, Shell said it was now less likely to achieve a 100% reserve replacement target over the 2004-2008 period. |
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SHELL PROPPED UP APARTHEID
ARTICLE: U.S. unions urge boycott of Shell to fight apartheid: 19 Jan 1986
ARTICLE: Shell, South Africa and Apartheid: 16 Oct 2012
ARTICLE: Shell propped up racist apartheid regime in South Africa: 24 Nov 2012
ARTICLE: The Neptune Strategy:Shell, propped up Apartheid in South Africa: 26 Nov 2012
ARTICLE: Shell accused of benefiting from South African apartheid-era land law: 21 March 2013
ARTICLE: THE CAMPAIGN TO END APARTHEID: 12 Dec 2013
RELEVANT PAGES FROM "A HISTORY OF ROYAL DUTCH SHELL, VOLUME 3, PUBLISHED IN 2007. PREPARED BY SHELL'S PAID HISTORIANS. DEALS WITH SHELL'S SUPPORT FOR APARTHEID
SHELL TOXIC BRANDS
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