International Business News - Hit http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Chevron Corp posted a 51 percent drop in quarterly profit on Friday, the latest oil giant to be hit by the steep decline in oil and natural gas prices and the anemic margins for refineries. http://www.ibtimes.com/data/articleimgs/223264-motorists-are-shown-at-gas-pumps-atchevron.jpg http://www.ibtimes.com/articles/20091030/chevron-q3-profit-hit-by-oil-refinery-weakness.htm http://www.ibtimes.com/articles/20091030/chevron-q3-profit-hit-by-oil-refinery-weakness.htm Fri, 30 Oct 2009 09:24:02 EDT Royal Dutch Shell Plc said third quarter net profits fell 73 percent, hit by falling oil and gas prices and refining margins, and Chief Executive Peter Voser warned of a slow recovery. http://www.ibtimes.com/data/articleimgs/223219-.jpg http://www.ibtimes.com/articles/20091029/shell-profit-down-73-percent-hit-by-falling-oil-prices.htm http://www.ibtimes.com/articles/20091029/shell-profit-down-73-percent-hit-by-falling-oil-prices.htm Thu, 29 Oct 2009 03:48:01 EDT Petrobras CEO Jose Sergio Gabrielli said on Monday that the company's recoverable oil reserves will hit 30 billion to 35 billion barrels within three years, thanks to huge finds off the coast of Brazil. http://www.ibtimes.com/articles/20090914/petrobras-oil-reserves-hit-30-35-billion-2012.htm Mon, 14 Sep 2009 15:33:31 EDT First-half sales and profits fell at British medical technology group Corin (COCRG.L), hit by weak demand for its Cormet hip resurfacing product and lower sales to U.S. orthopaedics giant Stryker (SYK.N). http://www.ibtimes.com/articles/20090825/corin-first-half-hit-lower-sales-stryker.htm Tue, 25 Aug 2009 08:12:42 EDT