Not exact matches
Oil major Royal Dutch Shell posted fourth - quarter
earnings of $ 1.0 billion, compared with $ 1.8 billion for the same quarter a year ago.
These measures, taken together represent a
major push by the President to increase internally - generated revenue, reduce over-dependence on crude
oil earnings in a way that will bring stability and predictability in the financing of government programs.
Their estimated production growth is higher than its super
major peers, and its downstream operations (refining and marketing) help balance out its
earnings during periods of low
oil prices.