Royal Dutch Shell Plc  .com Rotating Header Image

Royal Dutch Shell Rumors Monday 26 Oct 2009

We hear from our sources…

The Shell reserves situation is currently far worse than in 2003-4. It seems that nothing was learned from the fines, courts cases and public approbrium

Shell has large quantities of assets on its books at far above their true value ($70bn book value assets are currently worth less than $10bn)

In the current round of staff re-applying for their jobs, there are 20-25% fewer positions than applicants

Shell Expro (ie the E&P operation in the UK) is expected to LOSE about $200 million this year…

WARNING: These are rumors…

Attention Royal Dutch Shell Plc: If you confirm by email that any information printed under this headline is categorically untrue, it will be removed immediately.

Comments are closed.

%d bloggers like this: