Profit rise as Shell unites board
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Oil giant Shell is to abolish its twin board structure as it unveils a strong set of  profits helped by record oil prices.
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Shell reports a record profit for a UK-listed company of Â£9.3bn but also restates its oil reserves again.
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Exxon Mobil Corp. XOM.N, the world's  largest publicly traded oil company, on Thursday reported a  rise in quarterly profit, driven by soaring oil and gas prices  in the quarter.
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&quot;The board concluded that PeopleSoft is worth substantially more than Oracle&#39;s latest offer. We are a vibrant, strong company with a focused, motivated management
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Oil prices at record highs sent  quarterly profits up at ConocoPhillips COP.N and two other  top U.S. producers on Wednesday.
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Shares in Royal Dutch/Shell have risen in Amsterdam and London, lifted by speculation that investors will increase their holdings in the stock to reflect its unified structure.
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LONDON (CBS.MW) -- British oil giant BP on Tuesday posted a jump in third quarter profits amid surging oil prices, but plans to spend more in 2005 helped pressure shares.
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Oil giant Royal Dutch Shell reports record annual profits of Â£25.36bn (Â£12.94bn).
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Royal Dutch Shell Plc  reported an 11 percent rise in current cost of supply (CCS) net income to $6.7 billion on Thursday, as higher oil prices and one-off gains helped to offset a fall in production.
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BP's annual profits rise 26% to $16.2bn (Â£8.7bn) as the firm benefits from soaring oil prices.
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ExxonMobil Corp. and Royal Dutch/Shell Group yesterday reported large increases in third-quarter profits, part of an industry-wide windfall caused by high oil prices and strong demand.
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BP Plc's oil and gas production rose 11  percent on the year in the third quarter but analysts expect  strong earnings for the quarter to be mainly due to runaway oil  prices rather than BP's record in finding oil.
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Oil giant BP reported a 53 percent rise in fourth-quarter net profit as oil prices surged, but full-year profits fell due to refining outages and rising costs.
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Oracle&#39;s stock price rose on Wednesday after the software maker reported that its first-quarter profit surged 16 percent compared to last year, reaching $509 million.
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Royal Dutch Shell Plc (RDSa.L) reported  an 11 percent rise in current cost of supply (CCS) net income  to $6.7 billion on Thursday, as higher oil prices and one-off  gains helped to offset a fall in production.
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UK energy exploration firm BG Group posts a 22% rise in annual profits on the back of strong gas and oil prices.
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High oil prices, combined with surging demand for oil products such as petrol, land BP another jump in profits.