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ID: 36194
Title: BP and Shell post big profits in era of record oil prices (AP)
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Iranian President Mahmoud Ahmadinejad waves while surrounded by bodyguards after addressing a news conference in New Delhi April 29, 2008. Ahmadinejad pushed to seal a $7.6 billion pipeline deal linking the world's second-largest gas reserves to growing South Asian economies, despite opposition from the United States. REUTERS/B Mathur (INDIA)AP - BP PLC and Royal Dutch Shell PLC, Europe's two biggest oil producers, posted forecast-busting first-quarter earnings on Tuesday thanks to record crude oil prices that are expected to bolster profits across the industry.


Category: Business/Company Earnings/
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Date Added: April 29, 2008 04:36:44 PM
Number Hits: 0