Shell CEO: 'I am concerned about Europe'
26 July 2012 Last updated at 10:18 BST
Shell has announced its profits in the last quarter dropped 13% to $5.7bn when compared to the same time last year.
During the past 12 months oil prices have sunk because of a worsening global economic outlook - Brent Crude futures is down 7%.
Chief Executive Peter Voser told the BBC he is very worried about the long term impact of the eurozone crisis.