Shell's record Â£14bn profits 'obscene'
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Oil giant faces new accusations of profiteering after reporting highest-ever annual profits by a UK company
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Royal Dutch Shell Plc  posted a 2.6 percent rise in underlying quarterly profits on Thursday, beating analysts' forecasts, thanks to higher production and strong oil prices.
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Oil spills and safety lapses in the United States have overshadowed record profits.
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Scandal-hit oil giant Royal Dutch/Shell will invest $45 billion (25 billion pounds) over three years to boost reserves and production but its shares have fallen on disappointment
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Shell was today rapped by financial watchdogs for a catalogue of failings that led to it inflating its oil and gas reserves. Fines totalling Â£82.
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Royal Dutch Shell (RDSa.L) posted a  record European company profit of $27.6 billion for 2007, but  lower production and indications of reserves suggest earnings  growth will rely on oil price rises for some years to come.
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French oil giant Total said that 2006 adjusted net profit soared to 15.8 billion dollars, a record figure for any French company that revived pressure on the group to make a greater contribution to the common good.
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LONDON, August 26 (New Ratings) - The beleaguered global oil giant, Shell (SHE1.ETR), has been reportedly asked by the Nigerian government to pay $1.
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SHELL has been hit by an Â£840 million compensation claim from the Nigerian government only 24 hours after being fined in Britain and the United States.
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The Nigerian Senate has ordered Anglo-Dutch oil giant Shell to pay 1.5 billion dollars (1.2 billion euros) compensation for damages caused by nearly 60 years of exploration in the Niger Delta, a Senate document said.
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Linux 10 times more expensive? U.K. standards body says company's "Get the Facts" ad campaign may be misleading.
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The rising cost of oil production hurt Royal Dutch Shell's earnings betweeen June and September.
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Royal Dutch/Shell was criticised by US and British regulators for a catalogue of failings in relation to its misstatement of energy reserves, and fined a total of 150 million dollars.
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Energy giant Shell is to sell its stake in the pipeline unit of Dutch gas firm Gasunie to the Dutch government. Both Shell and ExxonMobil are selling their stakes, with the Dutch government paying 2.78bn euros ($3.
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Automaker's cash rebates hit yet another new record.
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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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OIL group Shell has pledged to invest $45bn (Â£25bn) and make major disposals in a shake-up of the business, following its reserves crisis earlier this year.