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Royal Dutch Shell
Rank: 3
Profits ($millions): $31,331
Change from 2006: 23.1%
Ticker: RDS.B

Shell rode the up-cycle in oil demand to a whooping 23% surge in profits, posting a net income of $31.3 billion in 2007.

The oil giant added more than a billion barrels to its resource base and opted for six major new projects including the first deepwater development in Malaysia.

NEXT: General Electric
Last updated July 09 2008: 8:24 AM ET
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