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02/01/2005:

"Exxon makes $25bn profit"

Exxon Mobil, the world's largest publicly quoted oil and gas firm, yesterday said it made $25bn (£13bn) in 2004, the highest profits in the company's history.

The earnings are roughly equal to the gross domestic product of Luxembourg or Guatemala, and higher than the individual GDPs of Syria, Bulgaria and Kenya.

The record profits were achieved on the back of the surge in oil and gas prices last year due to high demand and instability in some of the biggest producing nations.
Full Article: guardian.co.uk