Shell sets new UK profits record
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Oil giant Royal Dutch Shell reports record annual profits for a UK company, making Â£13.9bn.
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Oil prices at record highs sent  quarterly profits up at ConocoPhillips COP.N and two other  top U.S. producers on Wednesday.
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High oil and gas prices and bigger profit margins in refining helped the British energy giant BP PLC nearly double its third-quarter earnings.
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BP and Shell are on track to unveil record quarterly profits helped by surging world oil prices, press reports claim.
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Exxon Mobil Corp  said on  Friday record oil prices boosted its fourth-quarter earnings to  $11.66 billion, the highest ever operating profit by a U.S.  company.
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COMPUTER and printer maker Hewlett-Packard has reported record revenues in every business and every region, with quarterly profit up 27 per cent.
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Royal Dutch Shell (RDSa.L) posted a  record European company profit of $27.6 billion for 2007, but  lower production and indications of reserves suggest earnings  growth will rely on oil price rises for some years to come.
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BP Plc, the world's second-largest  listed oil company by market capitalization, reported  above-consensus fourth-quarter profits on Tuesday thanks to  high oil prices and strong refining margins.
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The profit is a record for Lehman Brothers and potentially augurs a good week for Wall Street earning reports.
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Oil giant Exxon Mobil reports $40.6bn net profits in 2007, a record for a US company.
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Morgan Stanley  on Wednesday  said its second-quarter earnings rose 41 percent to a new  record, beating expectations on higher trading and investment  banking results.
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Royal Dutch Shell Plc  said on Thursday its fourth-quarter current cost of supply (CCS) net profit rose 14 percent to $6 billion.
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BP's annual profits rise 26% to $16.2bn (Â£8.7bn) as the company benefits from soaring oil prices.
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Exxon Mobil becomes the latest oil firm to report surging profits, driven by crude's recent record-breaking climb.
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Royal Dutch Shell PLC said Thursday that third-quarter net profit rose 16 percent despite a drop in production, but it warned that the underlying performance of its refining operations was weaker than it appeared.
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Royal Dutch Shell Plc (RDSa.L) reported  an 11 percent rise in current cost of supply (CCS) net income  to $6.7 billion on Thursday, as higher oil prices and one-off  gains helped to offset a fall in production.
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The $39.5 billion profit topped the previous record for a U.S. company, which Exxon set in 2005.