Adding more opportunities in the offshore sector is part of the effort to retool the evolving portfolio for Royal Dutch Shell, its chief financial officer said. Shell is the latest in the supermajors to publish results for the first quarter. The French company Total reported first-quarter adjusted net income at $2.9 billion, up 13 percent from the same period last year. Shell’s net income was $5.3 billion, up more than 40 percent from the same period last year. Production of 3.8 million barrels of oil equivalent marked a 2 percent increase. The Dutch supermajor’s earnings report came two days after it sold off its refinery business, including its retail service stations, in Argentina for close to […]