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Thursday April 28, 06:36
Royal Dutch/Shell first-quarter income rose 42%
(by Peter Van Bruggen)

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Royal Dutch/Shell first-quarter income rose 42% Royal Dutch/Shell Group, the world’s third-largest oil company by market capitalization, reported on Thursday that its first-quarter income rose 42% on high energy prices.

Income rose to $6.67 billion from $4.702 billion last year.

The company’s core exploration volumes fell 8% to 2.14 million barrels of crude oil per day. Segment profits rose 9% to $2.96 billion. Gas production fell 2%.

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