Also, not to be left out:
Shell sets new record for UK company profits
By Richard Blackden and Russell Hotten
Last Updated:
1:33am GMT 01/02/2008
Oil giant Royal Dutch Shell has probably set a new record for annual profits at a British company as the price of crude touched $100 a barrel in the last three months of 2007.
A worker at a Shell liquid gas
site in Sakhalin
With crude averaging $90 a barrel for the final three months of 2007, Shell today reported profits, excluding changes in inventories and one-time items, of $27.6bn (£14bn.)
On a pre-tax level profits soared to $50.6bn (£25bn) in 2007 from $44.6bn in 2006. For the fourth quarter, pre-tax profits rose to $13.3bn from $9.1bn. Revenues also jumepd to $355.7bn vs $318.4bn.
Shell is the second of the oil majors to report results and while most analysts are forecasting profits to be strong across the industry, 2008 may prove tougher.
http://http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/01/31/bcnshell331.xml