Royal Dutch Shell Plc  .com Rotating Header Image

Shell-shocked

Financial Times: Observer: Shell-shocked

The chairman of the Anglo-Dutch oil giant told yesterday’s strategy meeting that things had got so bad that even those French upstarts at Total had been rumoured to be considering a bid.

Posted 24 Sept 04

Pity poor Jeroen van der Veer, who has had to watch the reputation of his beloved Royal Dutch/Shell take such a pounding since the start of the year. The chairman of the Anglo-Dutch oil giant told yesterday’s strategy meeting that things had got so bad that even those French upstarts at Total had been rumoured to be considering a bid.

This would never have happened in the good old days before the reserves scandal and clearly showed how much work Shell has to do to restore its battered credibility, van der Veer said.

Total has meanwhile ruled itself out of a bid for Shell.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.