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JANUARY 2004 ROYAL DUTCH SHELL NEWS

JANUARY 2004 ROYAL DUTCH SHELL NEWS

Wednesday, January 7, 2004 

Canada.com: 90 days to file Shell gas claims: “vehicle engine was damaged by a bad additive in Shell Gasoline 2 years ago”: “Shell Bronze gas contained an additive that was clogging up fuel systems”

Friday, January 9, 2004 

BBC News: Shell shares dive as reserves cut  

FT: Shell makes shock cut in oil reserves estimate

REUTERS BOND NEWS UPDATE: Moody’s, S&P say may cut Shell ratings

Canadian Press NATIONAL POST: Royal Dutch/Shell scales back proved reserves;

Business – Reuters: Major Oil Stocks Fall on Shell Revision  

Business – Reuters: Shell Cuts Reserves Estimate, Shares Fall  

UK- AFP: Shell restates proved oil reserves, shares slide  

Dow Jones Business News: Royal Dutch/Shell Trims Proved Oil, Gas Reserves

Citywire Financial Publishers: Shell cracks after reserve cut 

FT (Lex): Royal Dutch/Shell 

Saturday, January 10, 2004  

The Times: How Shell blew a hole in a 100-year reputation

The Times (LONDON): Shell shock for investor confidence

Daily Telegraph: Shell drops ‘bombshell’ on reserves

Daily Telegraph: All Shell proves is that others do it so much better

The Washington Post: Cold Weather, Weakening Dollar Push Crude Oil Prices Higher

THE SCOTSMAN: Market stumbles on Shell reserves news

THE SCOTSMAN: Shell’s massive miscalculation fuels fires of shareholder scorn

The Guardian: Sir Philip ducks out as Shell cuts its reserves

The Scotsman: wipes 7.5% off shares   

The Independent: Reserves shock wipes £8bn from value of oil giant Shell

The Guardian: Another sign of unreliable times …

Sky News: Shell shares slide 

London Evening Standard: Reserves shock hammers Shell

Bloomberg News: Shell cuts estimate of oil reserves

Financial Times: Shell hit by move on reserves

Sunday, January 11, 2004 

The Sunday Times: Ultimatum for Shell chief after oil reserves bombshell

The Sunday Times: Shareholders can no longer be sure of Shell

The Sunday Times: A broken Shell

The Observer: Pressure grows on Shell chairman to quit

FT.Com: Shell reserves shock analysts

Monday, January 12, 2004 

The Australian: Shell chief faces the axe

Daily Mail: Heat is on Watts after Shell shock

The West Australian: Investors howl for Shell’s blood  

London Evening Standard: Shell pledges faith in Gorgon 

The Times: Investors demand changes at Shell

The Guardian: Shell debacle leads to call for outside audits

Sydney Morning Herald: Shell rubs out 4bn barrels 

Financial Times: Life of Shell reserves cut by 3 years

Financial Times: Call for oil giants to detail fields

Tuesday 13 January, 2004 

The Independent: Philip Watts to quit early as chairman of Shell

Daily Mail: Shell hopes to calm troubled waters  

Houston Chronicle: Feds’ stance spurs Shell’s decision on reserves 

Wednesday 14 January, 2004 

Financial Times: Shell board set to back chairman  

Financial Times: Shell’s man who wasn’t there

Thursday 15 January, 2004 

The Economist: Shell shock

Friday 16 January, 2004 

Evening Standard: The malaise afflicting Shell

Daily Telegraph: Investors in Shell seek shake-up of structure

Saturday 17 January, 2004 

Financial Times: Shell chief explains absence  

Calgary Herald: Shell’s pain is ASC’s gain

Sunday 18 January, 2004 

The Sunday Telegraph: Shell investors reject Watts’ explanation

The Sunday Telegraph: When will Watts come out of his shell?

The Observer: Shareholders want to know where Shell’s reserves went

The Observer: First get rid of Watts, say Shell investors  

Monday 19 January, 2004 

The Daily Telegraph: Shell shareholders demand change after bombshell 

Financial Times: Shell suffers another blow to its pride

London Evening Standard:  Cairn oil find blow for Shell boss

Tuesday 20 January, 2004 

Houston Chronicle: Shell’s strategy led firm into decline, brokers say

Houston Chronicle: Chairman defends action on reserves

Financial Times: Shell shocked as reject field strikes it rich

The Times: Red faces at Shell as Cairn hits black gold

The Guardian: Cairn strikes it rich on land Shell sold

London Evening Standard: Shell shock spurs City meeting

Thursday 22 January, 2004 

New York Times: Shell Lowers Estimate, and Investors Ask Why

Reuters: Shell boss drops out of Davos economic forum

Daily Mail: Rumours of Watts departure lifts Shell

Friday 23 January, 2004 

Daily Mail: Rebels demand shake-up at Shell

Sunday 25 January, 2004 

The Sunday Times: Shell needs much more than a PR offensive

Monday 26 January, 2004 

Milberg Weiss Announces Class Action Lawsuit Against Royal Dutch Petroleum Company 

Tuesday 27 January, 2004 

The Daily Telegraph: US class action cites Shell chief

The Scotsman Shell hit with US lawsuit for ‘rule breaking’

BBC News: Shell facing $1bn US lawsuit

Times Online: American class action lawyers take on Shell

Financial Times: US lawsuit puts more pressure on Shell chief

The Guardian: Shell hit by US legal action  

The Independent: US investors launch legal action against Shell over reserves

Wednesday 28 January, 2004 

The Scotsman: Shell set to try and ride out oil reserves storm

Thursday 29 January, 2004 

The Economist: This time sorry may not be enough 

Houston Chronicle: Shell chairman says he won’t quit  

Evening Standard: Shell’s hard case 

CBS MarketWatch: Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit Against the Royal Dutch Petroleum Company and the Shell Transport and Trading Company, PLC

Saturday 31 January, 2004 

Houston Chronicle: Tough day awaiting Shell chief

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