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Shell gains from high oil prices
acrosset sales shell chief executive jeroen van der veer said: we are watching the world economic situation closely .
our strategy remains to pay competitive rand pay progressive dividends, and to make significant investments in the company for future profitability, he added shell said its earnings were boosted by both high oil prices and asset sales .
on wednesday shell said its chief financial officer, peter voser, would replace mr van der veer when he retires next july .
the firm said its third-quarter profits - on a current cost of supply basis - which strips out fluctuations in prices - we are boosted by both record oil prices and asset sales .
Generated 2008-11-2_17:34
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