Oil Giant Profit Rise

Evening GazetteMay 03, 2007

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Summary


Royal Dutch Shell today announced higher profits of 6.93 billion US dollars (pounds 3.47bn) for the first three months of 2007, despite an easing in oil prices.

Earnings in exploration and production were slightly lower but the company more than recouped the difference in areas such as oil products and chemicals.

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Oil Giant Profit Rise

The overall profits figure was better than City expectations and compared with...

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