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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Shell's profit rose to 47% in the third quarter, beating forecasts of support for the refining secto

    Rocky
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    • Post n°1

    Shell's profit rose to 47% in the third quarter, beating forecasts of support for the refining secto Empty Shell's profit rose to 47% in the third quarter, beating forecasts of support for the refining secto

    Post by Rocky Thu 02 Nov 2017, 6:08 am

    [ltr]Shell's profit rose to 47% in the third quarter, beating forecasts of support for the refining sector[/ltr]

     Since 2017-11-02 at 13:13 (Baghdad time)
    [ltr]Shell's profit rose to 47% in the third quarter, beating forecasts of support for the refining secto Po[/ltr]
    [ltr]Follow up of Mawazine News[/ltr]
    [ltr]Royal Dutch Shell's results on Thursday showed a 47 percent year-on-year jump in profits to $ 4.1 billion in the third quarter, beating expectations, boosted by gains in oil refining and commercial operations.[/ltr]
    [ltr]However, cash flow from operations fell in the third quarter by 11 percent year-on-year to $ 7.58 billion, ending a six-quarter-long spike as cost-cutting measures began to emerge.[/ltr]
    [ltr]"The three Shell sectors have contributed to this strong set of results," said Ben van Borden, chief executive of the company.[/ltr]
    [ltr]Net profit attributable to shareholders in the third quarter was based on the cost of current supplies and exclusions of exceptional items of $ 4.1 billion compared to $ 2.8 billion in the same period last year and an average of analysts' estimates of $ 3.62 billion.[/ltr]
    [ltr]The world's largest oil companies have been adjusting to falling oil prices since the collapse of prices in 2014 through a sharp cut in spending and jobs as well as exit from investments.[/ltr]
    [ltr]Shell and most of its peers can now make profits as the price of oil reaches about $ 50 a barrel and again focuses on the development of its business.[/ltr]
    [ltr]BP resumed its repurchase this week after a three-year hiatus in a sign that the austerity measures had borne fruit.[/ltr]


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