Shell has been moving away from oil refining towards more production Profits at oil giant Royal Dutch Shell hit $3.5bn (£2.2bn) in the third quarter, up from $3bn last year.
Excluding profits from one-offs and inventories, profits were $4.9bn, a jump from $2.9bn last time and ahead of analysts' estimates of about $4.3bn.
Shell produced 3 million barrels of oil per day in the quarter, up 5% on the same period last year.
Chief executive Peter Voser described the results as a substantial rebound due to better industry conditions.
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Source: http://www.bbc.co.uk/go/rss/int/news/-/news/business-11641458
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