Its not all bad news then...

A place to socialise and share opinions with other members of the BGAFD Community.
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andy at handiwork
Posts: 4113
Joined: Fri Jul 14, 2017 2:40 am

Its not all bad news then...

Post by andy at handiwork »

...Shell have posted profits of 22Billion, apparently the biggest commercial profit ever.
Twingo
Posts: 557
Joined: Fri Jul 14, 2017 2:40 am

Re: Its not all bad news then...

Post by Twingo »

[quote]Jan. 29 (Bloomberg) -- Royal Dutch Shell Plc, Europe?s largest oil company, posted its first quarterly loss in 10 years following a record plunge in oil prices, and warned that industry conditions ?remain challenging.? [/quote]

http://www.bloomberg.com/apps/news?pid= ... refer=home
andy at handiwork
Posts: 4113
Joined: Fri Jul 14, 2017 2:40 am

Re: Its not all bad news then...

Post by andy at handiwork »

A poor fourth quarter still left them with a profit of ?22b for the year, 14pc up on 2007.
Brainsinmedick
Posts: 294
Joined: Fri Jul 14, 2017 2:40 am

Re: Its not all bad news then...

Post by Brainsinmedick »

Yes but Shell get royalties each time someone taps 710 77345 into a calculator and turns it upside down.
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