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Royal Dutch Shell News Tuesday 20 April, 2004

Royal Dutch Shell News Tuesday 20 April, 2004

The Independent: Shell hopes to draw line under fiasco of reserves

The Independent: Lies, cover-ups, fat cats and an oil giant in crisis

ChannelNewsAsia: Shell name dragged through mud after explosive report: “The closely guarded reputation of Royal Dutch/Shell was left in tatters as British newspapers accused the oil giant of lies and a cover-up after an explosive internal report admitted executives knew of problems with reserves over two years ago.”: “”Lies, cover-ups, fat cats and an oil giant in crisis,” was the damning front-page verdict of the Independent newspaper, which said Shell was facing the “biggest corporate scandal for almost 30 years”. (ShellNews.net) 20 April 04

The Independent: Revealed: the bitter power battle that put Shell in the firing line

The Independent: Shell’s whodunnit script is worthy of fiction

The Independent: How a sure thing became a City liability

The Times: Big reservations remain at Shell

The Times: Deceitful Shell ‘needs ten years’ to rebuild exploration business

The Times: Unravelling of the cover-up

FT: Human failings and hyperbolic e-mails

TheGlobeandMail.com: Shell executives hid shortfall for years

The Guardian: Shell admits it misled investors

The Guardian: Trail of emails reveals depths of deceit at the heart of Shell

The New York Times: Shell’s Report on Its Troubles Cites Discord at Top: “The report also noted that last December, Mr. van de Vijver sent an e-mail message directing a subordinate, Frank Coopman, to destroy a document Mr. Coopman had produced that concluded that the company was “under a legal obligation” to immediately correct overstatements of its proven reserves.”: “Our story is not one anyone would be proud of, and we have no excuses,” said Lord Ron Oxburgh, chairman of Shell Transport and Trading, the British half of Royal Dutch/Shell (19 April 04)

London Evening Standard: Shell may have single London base

TheMiamiHerald.com: Lawyer: Shell Exec Fought Estimate Errors

The Scotsman: Shell admits reserve ‘lies’

Edinburgh Evening News: Damning report shows Shell hid reserves shortfalls

The Scotsman: Shell implodes as e-mails provide damning evidence

Financial Times: Unsure of Shell

Financial Times: Observer Column: Shell-shocked  
(Corporate slogans consigned to the dustbin of history no. 94: “You can be sure of Shell.”)

Financial Times: US regulators ready to get to grips with internal report

Financial Times: SHELL SHOCK: Shareholders step up calls for structural reform

Financial Times: Shell puts crisis blame on ‘human failings’

The Times: What next for . . .

Minneapolis Star Tribune: Dutch/Shell Group exec was ‘sick and tired’ of lying

The Daily Telegraph: Commanders scuffled while Shell sailed blindly on…

Daily Telegraph: Who’s sorry now

Daily Telegraph: Memos expose Shell’s years of lying

Financial Times: UK nuclear chief seen as Shell candidate 

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