Adam Arnold, Sky News Online
Oil giant Royal Dutch Shell made profits of £1.8bn in the third quarter – down 73% on the same period last year.
Profits fall sharply compared with same period in 2008
The company has been hit by falling oil and gas prices.
Shell’s share price fell around 3% in early trading following the results.
Chief executive Peter Voser said there were indications that energy demand and prices were “improving”.
But he also said the “outlook remains very uncertain” and the company was not expecting a “quick recovery”.
He went on to say his restructuring programme was yielding results with operating costs lowered by £608m in the first nine months of 2009 and around 5,000 jobs cut.
Sales at the company fell by 43% to £45.6bn.
Mr Voser said: “We see some indications that energy demand and pricing are improving.
“But the outlook remains very uncertain, and we are not expecting a quick recovery.”
Shell’s share price for year up to 29/10/09. Source: Digital Look
The firm benefited from soaring crude oil prices this time last year, which pushed up its profits during the period.
But prices have now fallen to half the all-time high of $147 a barrel.
Oil and gas production for the third quarter was 2.93 million barrels of oil equivalent per day, flat on the same quarter of 2008.
Earlier this week, Shell’s rival, BP, reported third quarter profits of more than £3bn, down 50% on the same period last year.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
