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Shell hurt by oil price drop, names new chairman

2014-10-30 10:43:27| Chemicals - Topix.net

Shell, Europe's largest oil company, reported Thursday a small fall in third quarter net profit against a backdrop of sliding oil prices, and named former DuPont Chief Executive Charles Holliday to become chairman of the board in 2015. Net profit was $4.46 billion, down 4.5 percent from $4.67 billion in the same period a year earlier.

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