Last Updated :
29 July 2010 at 14:25 IST
Shell Plc Q2 revenues almost double
LONDON (Commodity Online): Royal Dutch Shell Plc today informed the investors that the company’s second quarter current cost of supply (CCS) net incomes almost doubled to $4.53 billion on a rapid restructuring of the company.
The earnings rose 94% on strong operating environment, the company informed.
The company’s production rose 5% during the said period to an average of 3.11 million barrels of oil equivalent per day (boepd) in the quarter, the largest European oil giant said.
The company stocks rolled down on the New York Stock Exchange (NYSE) on Wednesday with loss of 1.58% ahead of the financial announcements today.
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