Top Oil Giants Exxon And Shell Earn $54 Billion So Far In 2012, After Taking $800 Million In Annual Tax Breaks

Top Oil Giants Exxon And Shell Earn $54 Billion So Far In 2012, After Taking $800 Million In Annual Tax Breaks: by Rebecca Leber and Jackie Weidman ExxonMobil and Royal Dutch Shell, No. 1 and No. 2 on the Fortune 500 Global companies list, announced their third-quarter earnings on Thursday. Compared to last year’s earnings, both companies’ profits are down slightly — 7 percent for Exxon and 15 percent for Shell — on weaker oil prices. [...]/p