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Thursday February 03, 06:51
Royal Dutch/Shell 4Q profit more than doubled
(by John Glagow)

Royal Dutch/Shell 4Q profit more than doubled

Royal Dutch/Shell Group reported on Thursday its fourth-quarter profit more than doubled on rising oil and gas prices. Profit rocketed to $4.5 billion from $1.9 billion in the previous year.

Revenue rose 42% to $95.6 billion from $67.3 billion.

Also the company said today it will pay at least $10 billion in dividends in 2005.

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