Going forward, the company hopes to launch more content across Facebook, YouTube and even documentary-style projects on streaming services.
But there is every chance the oil majors will get a boost as more projects come on-stream and production perks up.
Shell's output overall was up 2% with new projects coming on stream in the tar sands of Canada.
LONDON — Royal Dutch Shell, the biggest oil company in Europe, said on Thursday that its profit almost doubled in the second quarter on higher oil prices and as new oil and gas projects came on stream.
"We expect the momentum of our recovery to build into 2012 and 2013 as new projects come on stream" and as "uncertainties reduce," BP's chief executive, Robert Dudley, said in a statement.
Hayward also predicted that gas prices would remain depressed for the next three or four years as increased supplies such as new liquefied natural gas and shale oil projects come on stream, and because of the recession.
As future mining projects come on stream, the potential tax losses to Mongolia are "tremendous, unimaginable", Mr Batjargal said.
As these new projects come on stream, they are expected to increase the company's profits, which in turn will result in higher dividends in future years.
There was no issue before the big projects came on stream, and what people are attacking is wind energy, but what they should be attacking is corporate dominance over our energy supplies" [50].
Iranian officials estimate that Iran's annual oil and gas revenues could reach $250 billion by 2015 once current projects come on stream.
