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03/02/05
02:56:33 pm, Categories: Europe Eurofirst, 65 words Shell records record profits
Royal Dutch Shell became the latest oil company to report massive profits after huge oil prices last year.
While also downgrading their oil reserves by 1.4 billion, Shell filed a profit ofr 2004 of $17.5bn (£9.3bn) - the highest ever for a UK listed company.
It had been a mixed year for Shell, with previous scandals of exaggerated reserves ;eading to the resignation of chairman Sir Philip Watts.
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