Shell profits surge to record 31 billion dollars in 2007
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Anglo-Dutch oil giant Royal Dutch Shell said on Thursday that net profits leapt 23 percent last year to a record 31.331 billion dollars (21.115 billion euros), energised by soaring crude prices.
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The Anglo-Australian mining giant unveils record profits of $3.4bn, helped by soaring demand from China.
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Oil surges to a record of nearly $79, despite Opec saying it will boost oil output to ease cost pressures.
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Exxon Mobil Corp. Thursday reported the biggest annual profit on record for a U.S. corporation - earning more than $75,000 every minute of 2006 on the back of record oil prices.
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Exxon Mobil Corp. XOM.N, the world's  largest publicly traded oil company, on Thursday reported a 56  percent rise in quarterly profit, driven by soaring oil and gas  prices in the quarter.
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Total sees its profits in the last three months of 2007 rise by 62% on record oil prices and new production plants.
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NEW YORK -- Exxon Mobil Corp. has posted the largest annual profit in U.S. history at $39.5 billion, despite a 4 percent decline in fourth-quarter profit.
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Anglo-Dutch oil group Royal Dutch Shell has posted record annual net profit of 25.44 billion dollars (19.54 billion euros) but saw output falter due partly to production problems in Nigeria.
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The Hewlett-Packard Company said yesterday that its profits rose 27 percent in the fourth quarter as revenues reached record levels across its business lines.
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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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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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By Ryan Blitstein, San Jose Mercury News, Calif.  Sep. 19--Oracle reported record first quarter revenues and earnings  Tuesday, with its net income rising 29 percent to $670 million during the  fiscal first quarter of 2007.
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British oil giant BP reported a 43-percent rise in third-quarter pro forma net profit to 3.94 billion dollars (3.08 billion euros) thanks to soaring crude prices and booming demand.
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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.
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Exxon Mobil made history on Friday by reporting the highest quarterly and annual profits ever for a U.S. company.
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Business software maker Oracle Corp. on Thursday said its fiscal fourth profit rose 27 percent on record revenue as sales surged across most of its business lines and geographic regions.
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The No. 2 U.S. oil company reported a rise in quarterly profit pumped up by record oil and gas prices and gains on asset sales.