Exxon Mobil saw their profits rise 41 per cent in the second quarter with earnings hitting US$10.7 billion compared to US3.1 billion in the second quarter of 2010, reflecting higher crude oil and natural gas realisations.
Industry
Shell Q2 earnings nearly double
Royal Dutch Shells second quarter 2011 earnings nearly doubled on higher oil prices with profits jumping to US$8.66 billion compared with US$4.5 billion in the same quarter a year ago.
Eni Q2 profits fall on Libya disruption
Chevron reported second quarter net income of US$7.7 billion, up from US$5.4 billion in second quarter 2010 on the back of higher crude oil prices.
ConocoPhillips posted second-quarter earnings of US$3.4 billion which was an 18 per cent drop on last years Q2 2010 profits of US$4.2 billion.
More Articles …
