Shell quarterly profits surge on rebounding oil prices
Oil giant Royal Dutch Shell books a sevenfold increase in its bottom line profits in the first quarter
London - AFP
Net profit at Royal Dutch Shell increased more than sevenfold in the first quarter as oil prices recovered from heavy declines, the energy giant said on Thursday.
Profit after tax came in at $3.538 billion (3.247 billion euros) in the three months to March, compared with $484 million in the first quarter of 2016, the Anglo-Dutch group said in a statement.
Royal Dutch Shell chief executive Ben van Beurden said the group had "benefited from improved operational performance and better market conditions."
Energy producers across the world are reaping the benefits of higher oil prices, which have strongly increased their revenues and profits.
Crude futures have recovered thanks to the OPEC oil producers' cartel adhering to a production cut agreed late last year.
US energy giants ExxonMobil and Chevron, as well as French titan Total and British group BP have all posted bumper profits in the past week.
source: AFP
GMT 17:51 2017 Saturday ,28 October
Energy firms back investment into diesel engineGMT 17:00 2017 Thursday ,27 July
Royal Dutch Shell net profit jumps almost a third
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 16:42 2014 Monday ,14 April
About The Kite Runner
GMT 12:49 2017 Wednesday ,20 September
Trump describes Iran deal as the worst in American history
GMT 04:45 2017 Saturday ,13 May
Singer Miriam Clinic stresses she will resume her success
GMT 00:13 2017 Friday ,06 October
Kerry says Russia, Syria should face war crimes probe
GMT 01:14 2017 Sunday ,24 December
Oman opens sprawling oryx reserve to ecotourists
GMT 17:51 2017 Friday ,10 February
NBA to launch video game league with components mimicking
GMT 20:16 2017 Friday ,27 October
Ex-HSBC executive can face US extradition: UK court
GMT 10:59 2016 Wednesday ,23 November
FBI clears Brad Pitt over abuse claim after a probe
GMT 19:07 2017 Saturday ,14 October
Syria demands 'immediate' withdrawal of Turkey troops
GMT 04:32 2017 Tuesday ,24 October
Routine win keeps Real Madrid pressure on Barcelona
GMT 15:09 2017 Sunday ,29 October
VPN law latest step in Kremlin online crackdown
GMT 16:05 2017 Tuesday ,03 October
Lebanon band denounces Egypt anti-gay 'witch-hunt'
GMT 14:39 2017 Sunday ,17 December
Saudi women will also be allowed
GMT 05:11 2017 Saturday ,06 May
China’s homemade passenger jet aces first flight
GMT 00:42 2017 Wednesday ,12 July
S. Korea, US envoys to meet on N. Korea in Vienna
GMT 23:20 2017 Saturday ,18 March
Trump leaves Merkel baffled after first meeting
GMT 01:44 2017 Friday ,07 April
UAE pledges Dh250m for Syrian people
GMT 04:18 2016 Thursday ,30 June
Bullish on French economy
GMT 10:10 2017 Tuesday ,14 November
Resurgent Rams roll on, Cowboys stall
GMT 07:21 2017 Thursday ,09 March
Post Wikileaks, What’s at Stake for the CIA?
GMT 04:07 2017 Monday ,04 September
HH Shaikh Isa bin Ali praised by voluntary project award winners
GMT 16:19 2017 Monday ,03 April
France offers $1bn to strike-hit French Guiana
GMT 19:01 2017 Monday ,06 March
Turkish media mogul in legal soup over fuel smuggling
GMT 21:32 2017 Monday ,30 October
9 policemen, 12 Taliban fighters killed
GMT 13:06 2017 Tuesday ,14 November
EU's Mogherini urges 'no external interference'
GMT 18:27 2017 Sunday ,19 November
European Commission president backs Spain in fight
GMT 16:56 2017 Sunday ,11 June
Iran fighting claims 22 lives
GMT 12:58 2017 Wednesday ,19 April
Algerian author launches a new initiative
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor