Royal Dutch Shell Plc  .com Rotating Header Image

Shell News Wednesday, 19 January 2005

Shell News Wednesday, 19 January 2005

FINANCIAL TIMES: Black gold: “Royal Dutch/Shell’s drive to recruit more than 1,000 engineers in exploration and production (EP), revealed in yesterday’s FT, has an added wrinkle in the US…” (ShellNews.net) 19 Jan 05

FINANCIAL TIMES: Big potential profits outweigh high risks: “The reserves problem is just one of a host of issues facing Shell in Nigeria as it tries to restore its stock market reputation. (ShellNews.net) 19 Jan 05

FINANCIAL TIMES: FSA sounds warning of threat from international regulation: “Also pending before the tribunal is the case of Sir Philip Watts, former chairman of Royal Dutch/Shell, who claims he was “identified and prejudiced” when the FSA fined the oil company £17m for its conduct during the debacle over the size of its reserves.” (ShellNews.net) 19 Jan 05

The Guardian: Energy: Shell hires 1,000 more engineers: “Auditors have questioned the status of 900m barrels of oil and gas stocks and Shell is expected to provide an update alongside its annual results on February 3.” (ShellNews.net) 19 Jan 05

FINANCIAL TIMES: Shell outlines strategy to restore its reputation: “Many investors blamed the reserves scandal on a lack of direct lines of responsibility, a criticism that led to the dismantling of the company’s century-old, dual-board structure in October.” (ShellNews.net) 19 Jan 05

FINANCIAL TIMES: Group might miss flare deadline: “Royal Dutch/Shell might miss a high-profile Nigerian official target to end the environmentally damaging practice of burning off waste gas by 2008, according to the troubled oil group’s joint top Africa-based executive.”: “Shell’s performance in Nigeria is critical to attempts to restore its fortunes after the disastrous 4.47bn barrel write-down in proven reserves last year. Nigeria accounts for an estimated 10 per cent of Shell’s worldwide production” (ShellNews.net) 19 Jan 05

THE WALL STREET JOURNAL: Shell US Appointment Latest Step To Rebuild Reputation: “Shell’s reserves scandal has dominated news about the company…” (ShellNews.net) Posted 19 Jan 05

THE WALL STREET JOURNAL: Shell Plans Huge Increase in Engineer Ranks: “The scandal prompted the departure of top executives and a long-resisted corporate restructuring”  (ShellNews.net) 19 Jan 05

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

0 Comments on “Shell News Wednesday, 19 January 2005”

Leave a Comment

%d bloggers like this: