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Shell Produces Less Oil, But 2011 Profits Soar 54% to $31 Billion

Royal Dutch Shell announced today profits of $31 billion for 2011, up by 54 percent since 2010. Shell’s fourth-quarter profits slipped four percent compared to the fourth quarter last year. But spurred by high energy prices, the company is making more profit on fewer barrels of oil and cubic feet of natural gas.

Here are a few other facts about Shell:

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