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Thursday 30 April 2015 8:58 pmShell mirrors BP as worldwide earnings slideBy: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailANALYSTS likened <a href=
www.stanleycup.com.es>botellas stanley</a> Shellrsquo first quarter performance to that of rival BP after it beat expectations ndash; despite posting a 32 per cent reduction in pre-tax profits.Income fell from $8.55bn pound;5.58bn in the first three months of 2014 to $5.84bn in the same period of this year, while revenue dropped from $109.7bn to $65.7bn. Earlier this week BP reported similarly poor but guidance-beating figures.Earnings in the upstream side of the business plunged by 88 per cent, from $5.7bn to $675m, which the company attributed to the significant decline in oil and gas prices and lower contributions from trading. The downstream operation moved from a $1.01bn loss to earnings of $2.5bn.Kim Fustier, analyst at Edison Investment Research, said this represented the downstream divisionrsquo best quarterly earnings since the golden age of refining in 2006-7.Shell boss Ben van <a href=
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