Energy giant Shell announces rise in profits

, Energy giant Shell announces rise in profits, NigeriaDNA | Breaking News & Top Headlines

British energy giant Shell on Thursday said net profit rose 4.5 percent to $7 billion in the third quarter from a year earlier, as it benefits from high oil prices.

“Shell delivered another quarter of strong operational and financial performance, capturing opportunities in volatile commodity markets,” chief executive Wael Sawan said in a statement.