Royal Dutch Shell Chief Executive Officer Peter Voser commented:
“We continue to make good progress with our strategy; improving our
competitive performance, delivering a new wave of production growth, and
maturing the next generation of growth options for shareholders.
Our
profits pay for Shell’s substantial investments in new energy projects,
to ensure low-cost, reliable energy supplies for our customers and to
create value for our shareholders. Our third quarter results were higher
than year-ago levels, driven by higher oil prices and Shell’s
performance.
In Upstream, our oil and gas production excluding
divestments grew by 2% from year-ago levels, driven by the continued
ramp-up of our growth projects, mainly in Qatar and Canada." [read the full comment in the Quarterly Results Announcement]
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