Royal Dutch Shell plc .com Rotating Header Image

Posts from ‘October, 2004’

OCTOBER 2004 ROYAL DUTCH SHELL NEWS

OCTOBER 2004 ROYAL DUTCH SHELL NEWS (Click on a headline to access that story) Friday 1 October, 2004 ChannelNewsAsia.com: Shell rejects report Tokyo forced pullout of East China Sea gas project:  “Anglo-Dutch oil giant Royal Dutch/Shell vigorously denied that its withdrawal from a politically sensitive gas project in the East China Sea was due to […]

All the worst Shell traits – secrecy, haughtiness, inertia

From our Shell News Archive Sunday 31 October, 2004 The fallout from the Shell reserves fraud continues… The Independent On Sunday (UK): Business View: Shell’s real location problem is finding more black stuff: “The misreporting of reserves scandal showed all the worst Shell traits – secrecy, haughtiness, inertia.”: “So what’s the hurry? Was it because […]

From our Shell News Archive: Saturday 30 October, 2004

From our Shell News Archive: Saturday 30 October, 2004 Financial Times: Look under the Shell: “One conspiracy theory doing the rounds yesterday was that those Dutch chaps now running Royal Dutch/Shell were more cunning than they first appear, in spite of the company’s inability to count reserves over several years.” FINANCIAL TIMES: Shell’s credit rating […]

DREADFUL DAY FOR SHELL SHAREHOLDERS, ESPECIALLY UK SHELL SHAREHOLDERS

FROM OUR OCTOBER 2004 SHELL NEWS ARCHIVE Friday 29 October, 2004 – A DREADFUL DAY FOR SHAREHOLDERS IN SHELL TRANSPORT AND TRADING COMPANY PLC The Times (UK): The Hague for head office: “ALTHOUGH it maintains otherwise, Shell is effectively going Dutch…”: “From May, the big decisions will be taken by a new board in The […]

Shell stuns City with revamp

From our October 2004 Shell News Archive London Evening Standard: Shell stuns City with revamp “The troubled group wants to draw a line under its devastating oil and gas reserves crisis earlier this year by creating a new £100bn holding company, Royal Dutch Shell Plc.”: “Buried deep in the results statement, Shell said it was […]

Royal Dutch/Shell to merge

From our October 2004 Shell News Archive Royal Dutch/Shell to merge Netherlands HQ ‘not a victory for the Dutch': “Yet Shell’s governance scheme wasn’t without a few surprises, chiefly that the headquarters will be based in The Hague, Netherlands along with two of the group’s three main businesses.” By Emily Church, Oct. 28, 2004 LONDON […]

Shell grant of $800,000 will fund informational materials on Louisiana wetlands

Press release from Shell Oil Company (USA) Shell Partners With The America’s WETLAND Campaign And The State Of Louisiana To Support ‘Eco-Cultural’ Tourism Initiative: Grant of $800,000 will fund informational materials on Louisiana wetlands 27 Oct 04 (CSRwire) NEW ORLEANS – Shell Oil Company last week announced that it has partnered with the America’s WETLAND […]

Shell chairman deeply ashamed about reserves fraud

London Evening Standard: Market Report: SPEAKING OUT “All of us are deeply ashamed about what happened about the reserves, but we are determined to regain our position. — Shell chairman Jeroen van der Veer on the oil giant’s attempts to put its misdemeanours behind it” Market Report By Mickey Clark 27 Oct 2004 “I’m convinced […]

BLOOMBERG: BP Third-Quarter Profit Rises 53% on Higher Prices

BLOOMBERG: BP Third-Quarter Profit Rises 53% on Higher Prices BP has overtaken Royal Dutch/Shell Group to become the second- largest oil company by market value, by making more than $100 billion of takeovers since 1999. Shell also lost its status after a January disclosure that it had overstated its oil and gas reserves for years.” […]

Shell in PR push for Sakhalin 2

Financial Times: Shell in PR push for Sakhalin 2 “The publication mirrors efforts by the embattled Shell elsewhere to stress its role as a responsible corporate citizen…”: “”The more a company does, the more it’s in trouble,” said an executive for a rival western energy group based in Moscow, commenting on the Sakhalin Energy document” […]

Tarnished Shell seeks to be born again

From our October 2004 Shell News Archive The Independent On Sunday (UK): Tarnished Shell seeks to be born again Tim Webb on the oil giant’s attempts to put scandal behind it and give itself a facelift: “Shell directors have spent the last year reading the newspapers about how bad they are,” he says. “The last […]