Shell profits sink by 21%

Ovrebekk, Hilde; Gibson, Jane
October 2006
ICIS Chemical Business;10/30/2006, Vol. 1 Issue 41, p7
Trade Publication
The article reports on the drop in earnings of Shell for the third quarter of 2006. The company's earnings fell by 21.8% to $251m, due to heavy planned maintenance in the U.S. and Europe. This impacted operating rates by six percentage points. Earnings after adjustments for the cost of supplies surged to $335m from $140m during the third quarter of 2005.


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