Shell hails profits progress

Royal Dutch Shell put beleaguered rival BP in the shade today with a 30% hike in first-quarter profits to $6.2bn (€4.17bn).

Shell hails profits progress
Thu, 28 Apr, 2011 - 10:49

Royal Dutch Shell put beleaguered rival BP in the shade today with a 30% hike in first-quarter profits to $6.2bn (€4.17bn).

The big increase, which was marginally ahead of City expectations, reflected the latest hike in oil prices and better margins in refining.

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