Royal Dutch Shell says third-quarter earnings rose 18 percent, boosted by increased production after the acquisition of BG Group.
The company said Tuesday that profit adjusted for one-time items and the fluctuating value of inventories rose to $2.79 billion from $2.38 billion in the same period last year.
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Gains from increased production more than offset falling oil prices. Oil and gas production rose 25 percent to the equivalent of 3.6 million barrels of oil a day. That includes 806,000 barrels a day from BG assets.
Chief Executive Ben van Beurden says lower oil prices continue to be a "significant challenge across the business, and the outlook remains uncertain."
Brent crude averaged $46 a barrel in the third quarter, down from more than $100 a barrel in September 2014.