Shell made £21,864 a minute in 2010, profits soared by 90%

Shell reported it’s annual profits have almost doubled (90%) to $18.6billion (£11.5billion) in 2010, boosted by higher oil prices and growing production levels.

This works out at at staggering £21,864 a minute in 2010.

News of Shells enormous profit comes as world fuel prices soar amidst turmoil in the oil producing Arab states and lower fuel outputs worldwide.

Shell’s results come a just days after BP announced its first loss in nearly two decades. The fuel giant has been paying the cost of last year’s oil rig disaster in the Gulf of Mexico.

Related posts:

About

Karl is the editor and owner of this glorious website. He currently writes for numerous environmental websites, producing content for the greater good.His experience in graphic design, Wordpress and all things automotive have helped sculpt Hypermiler.co.uk into its current form from very humble beginnings.He has numerous IT qualifications, a red belt in Taekwondo and likes craft Ales.Get in touch via our Contact Page

Tagged with: , , ,
Posted in Hypermiling News

Leave a Reply

Your email address will not be published. Required fields are marked *

*