Page 1 of 1

Its not all bad news then...

Posted: Thu Jan 29, 2009 8:02 am
by andy at handiwork
...Shell have posted profits of 22Billion, apparently the biggest commercial profit ever.

Re: Its not all bad news then...

Posted: Thu Jan 29, 2009 9:31 am
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

Re: Its not all bad news then...

Posted: Thu Jan 29, 2009 10:10 am
by andy at handiwork
A poor fourth quarter still left them with a profit of ?22b for the year, 14pc up on 2007.

Re: Its not all bad news then...

Posted: Fri Jan 30, 2009 2:15 pm
by Brainsinmedick
Yes but Shell get royalties each time someone taps 710 77345 into a calculator and turns it upside down.