World-News

The oil company on Tuesday reported a profit of $7.6 billion compared to $4.4 billion in the first quarter of 2007.

http://edition.cnn.com/2008/BUSINESS/04/29/britishpetroleum.profit.ap/



Shell profits up 25 pct on record high oil prices

Anglo-Dutch energy giant Royal Dutch Shell said Tuesday that first-quarter net profits leapt 25 percent to 4.58 billion pounds because of record-breaking crude oil prices.

http://afp.google.com/article/ALeqM5iftQ-7-T9grM4N1CDCNwSxyYla7Q



Exxon Mobil reports $11B in quarterly profits

Exxon Mobil Corp.'s first-quarter profit rose 17 percent from a year ago, as soaring crude oil prices helped the company reach its second-largest U.S. quarterly profit ever.

http://tinyurl.com/5mfxpd


From Information Clearing House

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BP and Shell post big profits in era of record oil prices
http://news.yahoo.com/s/ap/20080429/ap_on_bi_ge/earns_oil;_ylt=AjPUwmuuCRZhw4IeObzclKKs0NUE


Informant: Teresa Binstock

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Shell Firms Shielded US Contractor From Taxes
http://www.commondreams.org/archive/2008/05/04/8709/

It's the Profits Stupid! The Rise and Rise of Exxon's Take From America
http://www.commondreams.org/archive/2008/05/05/8722/

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It's the Profits Stupid!

Nomi Prins writes in The Women's International Perspective, "How sad. Exxon Mobil, the universe's largest publicly traded company, which also happens to be enjoying some of its biggest profits ever thanks to the almost doubled price of oil during the past year, didn't quite live up to Wall Street expectations this week. In fact, its stock fell nearly four percent the day it announced its first quarter of 2008 earnings."

http://www.truthout.org/issues_06/050608EA.shtml



http://freepage.twoday.net/search?q=oil+price
http://freepage.twoday.net/search?q=Big+Oil
http://freepage.twoday.net/search?q=Exxon