Royal Dutch Shell, Europe’s biggest oil firm, yesterday reported record UK and European company profits of $27.6bn (13.9bn) for 2007, an increase of 9% on a year earlier. However, profits for the four…
Shell recorded the biggest annual profits in British corporate history yesterday at $27.6bn (14bn) causing a storm of protest from trade union leaders and green groups who said the ‘obscene’ profits c…
By Liam Fox An Oil Search rig at work in the mountains of PNG’s Southern Highlands province. (AAP Image: Lloyd Jones) The dream of building a pipeline …
Sources said to effect a minimal price hike, Mr Chidambaram was asked to cut customs duty on crude oil and petroleum products and Re one a litre excise duty …
TSX SYMBOL: BT.UN CALGARY, Jan. 31 /CNW/ – Bonnett’s Energy Services Trust (the “Trust” or “Bonnett’s”) provides the following update with respect to matters relating to its outstanding credit fac…
CALGARY, Jan. 31 /CNW/ – Saxon Energy Services Inc. (“Saxon”) intends to release its 2007 fourth quarter and year end results at approximately 5:00 AM MST (7:00 AM EST) on Thursday, February 14, 200…
CALGARY, Jan. 31 /CNW/ – (TSX – PWT.UN; NYSE – PWE) Penn West Energy Trust (“Penn West”) is pleased to provide 2007 tax information on distributions for unitholders resident in Canada and the United…
The big rise in crude prices has helped cushion Shell against a 4.5pc drop in oil and gas production – a more than 10pc rise in the cost of labour and …
) ‘B’ shares remained unchanged at £17.44 ($34.69), on Thursday in London. Its ‘A’ shares fell 2 pence (4 cents), or 0.1%, to £17.91 ($35.63). Analysts had been hoping for profits of $5.8 bi…
LONDON: Royal Dutch Shell on Thursday posted annual net income of $31.3 billion for 2007, a record for a European company, but lower production and indications of disappointing reserves suggest that e…