For 2010, oil giant Shell reported profits almost double, from $9.8bn to $18.6bn (£11.5bn). This is partly thanks to rising oil prices and output. Peter Voser, Shell chief executive, said the company made good progress and that there was “still more to come”.
All last year the company made $7bn of acquisitions and invested $3bn in exploration. For the final quarter Shell made profits of $5.7bn. Despite the gains, in… Read More...