European Oil?

PB is the 2nd largest Oil Companies in Europe... with Shell being #1 the other two are listed in the graph...

BP is one of the world's seven oil and gas "supermajors",whose performance on the worlds stage, made it the world's sixth-largest oil and gas company, the sixth-largest energy company by market capitalization and the company with the world's 12th-largest revenue (turnover).

It looks like the largest Shell has actually had more trouble then BP? Why?

Rank Company Industry Revenue (USD Millions of Dollars) Headquarters
1 Royal Dutch Shell Oil and gas 484,489 Netherlands and United Kingdom
2 BP Oil and gas 396,183 United Kingdom
3 Total Oil and gas 231,580 France
3 Vitol Group Oil and gas 225 Netherlands
4 Volkswagen Automotive 221,550 Germany
5 Glencore Conglomerate 220,030 United Kingdom and Switzerland
6 Gazprom Oil and gas 157,830 Russia
7 E.ON Electric utility 157,057 Germany
8 Eni Oil and gas 153,676 Italy
(from wikipedia)

with so many oil companies.. how will BP make a full recovery and work with the others??

these estimates show that shell maybe will eventually make a profit above 1 billion... however it maybe will take until next year?

Whats the reason for shell company loss? compared to BP?