Economics Analysis: A Look at Royal Dutch Shell and British Petroleum Summary of Companies The companies compared in this analysis are Royal Dutch Shell and British Petroleum. These were chosen as both are now two of the leading European gas and oil production companies. Both companies are competing to be industry leaders at the same time as they struggle to adjust to the economic downturn. Both report strong earnings but face different challenges to their economic stability. About British Petroleum BP earned $5.3 billion for the third quarter of 2009, down $2.7 billion from the same period one year ago (British Petroleum, 2009). Although they out earned industry competitors, they also have had to deal with record fines for the industry...The end:
.....troleum. (2009). Third quarter 2009 results. BP Website. Retrieved November 12, 2009, from http://www.bp.com/extendedgenericarticle.do?categoryId=2012968&contentId=7056996. Sterling, T. (2009). Shell Q3 profit falls 62 pct, to cut 5,000 jobs. Associated Press. Retrieved November 12, 2009, from http://www.google.com/hostednews/ap/article/ALeqM5hbu6xHheY-8zkle4hmfrY7A-wS3AD9BKND8O0. Last name, First name. “Title of the Article.” Journal Name. Volume. Issue (Year): pages. Last name, First name. “Title of Short Article.” Source Website. Date of Publication/Update. Sponsor of the Site if not the same as Author or Source Website. Day Month Year Accessed. <URL in brackets>. Last name, First name. Title of the Book. City: Publisher, Year.