Shell - higher costs, higher taxes and lower production volumes
Saturday, February 2nd, 2008The Anglo-Dutch oil and gas company posted a 60.4% increase in fourth-quarter profits Thursday, to $8.5 billion, from $5.3 billion, but most of the gain came from the jump in crude prices this year. Excluding price fluctuations and a $963 million gain from asset sales, net profit for the quarter came in at a more […]
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