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News and Media Releases
Fourth quarter and full year 2009 results and interim dividend announcement
Royal Dutch Shell Chief Executive Officer Peter Voser commented:
“Our fourth quarter 2009 results were impacted by the weak global economy. Oil prices have increased compared to a year ago, but gas prices and refining margins have declined sharply, because of weaker demand and high industry inventory levels. We are not assuming that there will be a quick recovery, and the outlook for 2010 is uncertain.
Our strategy is on track, although the near-term industry outlook does remain challenging. We are taking steps to improve our performance, to bridge the company, and our shareholders, into a period of significant growth in the coming years.
We are making good progress on our plans to raise Shell’s competitive performance ..." [read the full comment in the Quarterly Results Announcement]