Shell's Q3 core earnings came of US$5.8bil were above expectations, but were lower than in Q2 amidst weaker oil prices and lower oil production - EPA Photo.
LONDON: Royal Dutch Shell beat expectations with core earnings of US$5.8bil for the third quarter and maintained its dividend as both upstream and downstream divisions delivered strong results.
Europe's biggest oil company by market value also said it had appointed former chairman of Bank of America Charles Holliday as its chairman. Holliday will take over from current chairman and former boss of Finnish mobile firm Nokia, Jorma Ollila in 2015.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
