ANOTHER ANNOUNCEMENT ADDED TO OUR SHELL ARCHIVE FILE Royal Dutch Petroleum Company and the “Shell” Transport and Trading Company, P.L.C. Pay $120 Million to Settle SEC Fraud Case Involving Massive Overstatement of Proved Hydrocarbon Reserves FOR IMMEDIATE RELEASE 2004-116 Companies Simultaneously Settle a Market Abuse Case With the United Kingdom Financial Services Authority Settlements Are [...]
Posts on ‘February 11th, 2006’
US JUSTICE DEPARTMENT: CIVIL FRAUD RECOVERIES TOTAL $2.1 BILLION (An announcement that we missed)
AN ANNOUNCEMENT THAT WE MISSED ——————————————————————————– FOR IMMEDIATE RELEASE MONDAY, NOVEMBER 10, 2003 WWW.USDOJ.GOV CIV (202) 514-2007 TDD (202) 514-1888 JUSTICE DEPT. CIVIL FRAUD RECOVERIES TOTAL $2.1 BILLION FOR FY 2003 FALSE CLAIMS ACT RECOVERIES EXCEED $12 BILLION SINCE 1986 WASHINGTON, D.C. – Recoveries in suits and investigations of fraud against the United States for [...]
Executive Intelligence Review: Enron, Parmalat, Shell Oil (an important article we missed from May 2004)
This is an article we missed… LESS WE FORGET WHAT HAPPENED.. This article appeared in the May 7, 2004 issue of Executive Intelligence Review. Who Will Be Next? by Lothar Komp “Shell shock” has hit the British Isles. The almost 100-year-old British-Dutch oil giant, Royal Dutch Shell, with 115,000 workers worldwide and an annual turnover [...]
ShellNews.net: THE END OF SHELL TRANSPORT AND TRADING AS A BRITISH OWNED COMPANY
By John Donovan The legal preamble to a recent important case being decided by the US Supreme Court spells out the shareholder/ownership of a number of major companies within the Royal Dutch/Shell Group. For anyone who was unsure about the outcome of the merger brought about by the reserves fraud, The Shell Transport and Trading [...]
The Times: Need to Know
Need to Know Russia’s Energy Ministry has postponed costs approval of Royal Dutch Shell’s Sakhalin-2 project because it wants more information on why costs have doubled to $20 billion (£11.5 billion). De Beers, the world’s biggest diamond group, which reported a 3 per cent rise in full-year pre-tax profits to $1.1 billion, said that its [...]
The Guardian: Shell suits
Liz Ford Saturday February 11, 2006 Students and graduates from across Europe have decided that oil giant Shell has the X factor – at least when it comes to the recruitment section of the multinational's website. A poll conducted by the Swedish communications company Potential Park voted it the best corporate careers website for its [...]
The Guardian: New Star UK Growth
Investment: Manager Stephen Whittaker is relentlessly upbeat about both banks and property shares, says Patrick Collinson Saturday February 11, 2006 Don't fret about a slump in house prices – and ignore the doomsters on consumer spending. Instead, prepare for the FTSE 100 to smash through the 6,000 level, with shares in banks and property developers [...]
Financial Times: Oil and gas heat a smaller pot for investors
By Charles Batchelor Published: February 11 2006 Like an athlete on steroids, the London stock market has been pumping itself up on oil and gas industry profits. Record-breaking numbers from BP and Shell in the past two weeks have highlighted the impact that a soaring oil price is having on the industry's profitability. At the [...]
The Times: BP and Shell secure tomorrow’s dividends
The Times: Money February 11, 2006 WITHIN a few days of each other, BP and the newly merged Royal Dutch Shell reported the biggest and second-biggest profits ever recorded by British companies. Only the order of precedence brought surprise. When Shell came up with $22.9 billion (£13billion), analysts assumed that its record would be short-lived. [...]


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