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Royal Dutch Shell News Monday, 21 March 2005

Royal Dutch Shell News Monday, 21 March 2005

Corporate Board Member Magazine (March/April 2005 issue): Shell Rebuilds Itself: “Investors are still divided about the culpability of Shell’s directors in the reserves debacle.”: “The stock price plummeted—losing some $22 billion in value at its nadir—and the bond-rating agencies stripped Shell of its triple-A rating. Class-action suits were springing up in the U.S. like poisonous toadstools.”: “…Lord Oxburgh conceded that Shell executives had been “economic with what they passed on to the board. Evidence of just how “economic” Watts & Co. had been soon began to mount…”: “The Shell board recognized that its top priority was restoring the company’s reputation…”: “William S. Lerach—the California corporate scourge whose law firm brought a consolidated U.S. class-action suit on behalf of shareholders against Shell, its executives, and its directors for mismanagement and fraud—judges the reforms timid and inadequate” ( 21 March 05

AFX Europe (Focus): Shell looks to supply LNG to Chinese oil firms: “Royal Dutch/Shell Group said it wants to supply liquefied natural gas (LNG) to China’s oil majors in an effort to secure a share of the country’s growing and lucrative market.” ( 21 March 05 (Middle East): Iraq plans to raise oil output to 6 million bpd: “The Iraqi oil ministry discusses with Shell financing the construction of oil refinery in Baghdad to meet the current demand for oil products.” ( Posted 21 March 05

Daily News (Sri Lanka): Shell helps dealers rebuild their livelihood in tsunami affected areas ( Posted 21 March 05 and its also non-profit sister websites,,,,, and are all owned by John Donovan. There is also a Wikipedia article.

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