Shell profits double

This video is called Iraq signs multi-billion dollar deal with Shell – 23 Sep 08.

From AMERICAblog:

Shell profits doubled in 2010

by Chris in Paris on 2/04/2011 12:59:00 AM

And we give Big Oil tax breaks because…why? They look like they’re doing fine so maybe it’s time they operate without government welfare. If Washington is obsessed with giving away handouts, maybe they should give the tax breaks to another industry that actually needs help growing. BBC News:

“The oil giant Shell has reported profits almost doubled from $9.8bn to $18.6bn (£11.5bn) for 2010 thanks to rising oil prices and production.

Its chief executive, Peter Voser, said the company had made good progress and that there was “still more to come”.

During the year, the company made $7bn of acquisitions and invested $3bn in exploration.

For the final quarter Shell made profits of $5.7bn, compared with $1.2bn for the same period in 2009.”

In a huge triumph for the U.S. Arctic today, Royal Dutch Shell chief executive Peter Voser announced that Shell’s 2011 plans to drill exploratory wells offshore in Alaska are canceled due to continued uncertainty over whether it would receive federal permits: here.

Unilever profits up strongly despite weak confidence: here.

Wall Street pay ‘shifting back to where they were before’: here.

Sierra Club to Join U.S. Suit vs. BP: here.

24 thoughts on “Shell profits double

  1. Mining giant’s profit triples

    BUSINESS: Mining company Anglo American reported today that its net profit almost tripled last year.

    The profit of $6.5 billion (£4bn) compared with $2.4bn (£1.4bn) in 2009 while revenue rose 34 per cent to $32.9bn (£20bn).

    Prices were led by a 48 per cent gain for nickel and 34 per cent for platinum.

    De Beers, Anglo’s diamond business, reported a 57 per cent gain in revenue.


  2. Pingback: Shell admits Nigeria pollution at last | Dear Kitty. Some blog

  3. Pingback: Qadaffi and Mariah Carey, Blair, Perle … | Dear Kitty. Some blog

  4. Pingback: Shell admits funding violence in Nigeria | Dear Kitty. Some blog

  5. Pingback: Shell money to Nigerian death squads | Dear Kitty. Some blog

  6. Pingback: Shell censors YouTube satire of its Nigeria pollution | Dear Kitty. Some blog

  7. Pingback: Shell oil pollutes North Sea | Dear Kitty. Some blog

  8. Pingback: Shell shouldn’t destroy the Arctic | Dear Kitty. Some blog

  9. Pingback: Shell makes Nigerian farmers sick | Dear Kitty. Some blog

  10. Pingback: Shell endangers Alaskan environment for tax-dodging | Dear Kitty. Some blog

  11. Pingback: United States oil workers fight for their rights | Dear Kitty. Some blog

  12. Pingback: Shell billionaires claim ‘not enough money’ to repair homes they damaged | Dear Kitty. Some blog

  13. Pingback: Over 40,000 British pensioners die from hunger, cold | Dear Kitty. Some blog

  14. Pingback: Shell corporation against green energy | Dear Kitty. Some blog

  15. Pingback: Dutch taxpayers taxed for yet more oil wars | Dear Kitty. Some blog

  16. Pingback: Tony Blair-Italian racist pipeline collusion | Dear Kitty. Some blog

  17. Pingback: Shell doubles its fossil fuel profits | Dear Kitty. Some blog

  18. Pingback: Striking pro-climate students march in Amsterdam | Dear Kitty. Some blog

  19. Pingback: Millions on strike against climate change | Dear Kitty. Some blog

  20. Pingback: Big teachers’ strike in the Netherlands | Dear Kitty. Some blog

  21. Pingback: Dutch far-right supports Shell, Exxon earthquakes | Dear Kitty. Some blog

  22. Pingback: Australia’s climate change bushfire disasters | Dear Kitty. Some blog

  23. Pingback: Australians demonstrate against pro-bushfire government | Dear Kitty. Some blog

  24. Pingback: British anti-climate change strikers interviewed | Dear Kitty. Some blog

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.