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News and Media Releases
First quarter 2011 results and interim dividend announcement
Royal Dutch Shell Chief Executive Officer Peter Voser commented:
“Our first quarter 2011 earnings have risen from year-ago levels, driven by higher industry margins and our own operating performance.
The recent increase in oil prices clearly demonstrates the interdependence of global energy suppliers and consumers, in an industry that needs sustained investment in diverse energy sources to meet customer demand.
We continue to make good progress in implementing our strategy; improving near-term performance, delivering a new wave of production growth, and maturing the next generation of growth options for shareholders.
We have announced new asset sales and cost savings programmes, as part of Shell’s focus on continuous improvement, to enhance our profitability and performance." [read the full comment in the Quarterly Results Announcement]