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Royal Dutch Shell Earnings Rise 22%
Royal Dutch Shell (RDS.A Quote) said third-quarter earnings rose 22% to $8.5 billion from $6.9 billion a year earlier on an increase in oil prices and despite a production decline because of hurricanes in the U.S.
A sale of a gas transport business in Germany increased third-quarter earnings by about $1.4 billion, the oil company said in a statement Thursday.
Production fell in the quarter to 2,931 thousand barrels of oil equivalent per day from 3,137 thousand boe/d in the same quarter last year. ...
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