Search Results
Shell profit slips to 6.4 billion dollars as oil output declines
Anglo-Dutch energy giant Royal Dutch Shell said Thursday its third-quarter net profit fell eight percent but still reached almost 6.4 billion dollars (4.5 billion euros) on the back of record oil prices.
“The company earnings, when compared to the third quarter of 2006, were mainly impacted by lower (output) volumes, higher tax charges and higher costs, [...]
