Shell posts 16 percent gain in 3Q profit
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Royal Dutch Shell PLC said Thursday that third-quarter net profit rose 16 percent despite a drop in production, but it warned that the underlying performance of its refining operations was weaker than it appeared.
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High oil and gas prices and bigger profit margins in refining helped the British energy giant BP PLC nearly double its third-quarter earnings, the company said Tuesday.
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Energy giant BP, the world's third-biggest oil major, reported on Tuesday that its fourth-quarter net profit jumped sharply due to higher prices and volumes.
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Oil giant BP today posted record profits of $3.94bn (Â£2.14bn) after fuel prices hit new highs. The third quarter performance of Britain&#39;s biggest listed company came as oil prices rose to an average of almost $50 a barrel.
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Oil giant Royal Dutch Shell Plc posted record European company earnings of $27.6 billion in 2007, but fourth-quarter profit missed forecasts.
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Oil giant Royal Dutch Shell Plc (RDSa.L)  beat forecasts on Thursday to report a 36 percent rise in  second-quarter current cost of supply net profit, which strips  out changes in inventory values, to $6.3 billion, thanks to  high 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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LONDON -- Royal Dutch/Shell Group on Wednesday announced a $150 million increase in the amount of money it will spend in 2004 on exploration and production in Europe, bringing the total to $1.
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BP PLC reported an 11 percent increase in production for the third quarter on Monday, which may help its profit results over the same period.
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Anadarko Petroleum Corp. said Friday that third-quarter profit rose 46 percent as high oil prices offset charges from restructuring.
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BP Plc, the world's second largest oil  company, reported bumper third-quarter profits on Tuesday on  the back of high oil prices and stronger than expected refining  and chemicals margins.
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Oracle Corp. on Tuesday reported a 16 percent rise in quarterly net income as the world's second largest software company benefited from steady demand for its flagship database software.
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EchoStar Communications Corp.  on Tuesday said third-quarter profit rose on an aggressive campaign to add more new subscribers.
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The open-source software provider said that its third quarter profit rose as a surge in subscriptions helped offset increased spending on marketing and research.
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Royal Dutch Shell Plc  said on Thursday its fourth-quarter current cost of supply (CCS) net profit rose 14 percent to $6 billion.
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Oil giant Royal Dutch Shell reports record annual profits of Â£25.36bn (Â£12.94bn).
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After months of soaring crude oil prices, BP, the world&#39;s second-biggest publicly traded oil company, reported a 43 percent rise in third-quarter profit on Tuesday and forecast