The fund said in a letter sent to its members this week that its funding ratio -- a measure of how well a pension scheme can meet its liabilities -- was 85 percent at the end of November, down from 180 percent at the end of 2007. A full copy of the letter is published on activist website royaldutchshellplc.com.
Forbes
Shell’s pension underfunded, contributions must rise
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.
OPEC Cuts: A Barrel Of Laughs
Oil slides below $50 in New York despite cartel's likely production curbs this month.
Shell says Gulf production now at 325,000 boe/d
Shell had shut Gulf of Mexico output ahead of Hurricane Ike.
Oil’s Outlook Darkens
We now know that the global economy couldnt really handle prices above $100 and OPEC will have to figure out a price the economy can handle,
Learn To Love Big Oil
"You really would want to stay invested in this," said Peter Hutton, analyst with NCB Stockbrokers. He picked Royal Dutch Shell as the best way of staying on top of record oil prices, thanks to its exploration and production activities, even as costs soar and refining margins get crimped.
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