Economics Analysis: A Look at Royal Dutch Shell and British Petroleum

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Essay #: 055529
Total text length is 7,609 characters (approximately 5.2 pages).

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The beginning:
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.
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