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News INTERNATIONAL BUSINESS

  • Aug 01, 2014
  • Shell adjusted 2Q earnings rise 33% to $6.1B

    Royal Dutch Shell’s second quarter 2014 earnings, on a current cost of supplies (CCS) basis, were $5.1 billion compared with $2.4 billion for the same quarter a year ago.Earnings included an identified net charge of $1.0 billion after tax, mainly reflecting impairments which were partly offset by divestment gains.  Second quarter 2014 CCS earnings excluding identified items were $6.1 billion compared with $4.6 billion for the second quarter 2013, an increase of 33%

    Source - http://www.offshoreenergytoday.com