MARCH 2004 SHELL NEWS
Wednesday 3 March, 2004
The New York Times: Shell Chairman Resigns Over Reserves Shock
Yahoo.com/prnewswire: Royal Dutch/Shell Group of Companies Management Changes
News & Media Releases: Royal Dutch/Shell Group of Companies Management Changes
Thursday 4 March, 2004
New York Times: Shell's Top Executive Is Forced to Step Down
Financial Times: Shell drops claim it 'acted in good faith'
The Guardian: The oilman cometh, with low-key approach
BusinessWeekOnline: The Spark That Shakes Up Shell?
Houston Chronicle: Shell hires outside legal team
Reuters: Shell brings in lawyers for reserves audit
Financial Times: Dice are still spinning after Shell shake-up
Financial Times: Angry investors demand answers from Shell
The Daily Telegraph: Shell chairman quits in 'seismic changes'
The Daily Telegraph: Supertanker crew rearranges deckchairs slightly
The Times: Dutchman takes poisoned chalice
The Times: Another vanishing act at Shell
The Wall Street Journal: Ousters at Shell Fuel Questions About Its Accounting Systems
Friday 5 March, 2004
The Daily Telegraph: Shell seeks successor for interim chairman
Reuters: Shell Braces for Legal Onslaught
The Times: Shell may shift to Anglo-US corporate structure
The Times: Shell's axe falls on top directors
BBC News: Shell's new boss reassures market
Los Angeles Times: New Shell Chief: Faith Lost in Leaders
Saturday 6 March, 2004
The New York Times: Shell's New Leader Says Predecessor Lost Board's Confidence
The Daily Telegraph: The revolution that shook Shell's politburo
The Daily Telegraph: Shell boss 'listening' to shake-up calls
The Guardian: Shell's boss promises a shake-up
The Independent: Shell chief fails to clear air over ousting of Watts
Financial Times: Shell lost confidence in Watts, says new chairman
Sunday 7 March, 2004
The Mail on Sunday: Scandal of Shell's oil bonus
IrelandOnline: Shell 'no comment' on executive resignations
The Sunday Telegraph: Shell board shocked by devastating report
The Sunday Telegraph: Shell's seismic shock
Times Online: Shell fails to calm City fears
The Guardian: Now Shell faces US legal storm
The Observer: City claims its biggest trophy yet
The Scotsman: Time to come out of his Shell
Monday 8 March, 2004
MercuryNews.com: Ex-Shell Head Warned on Reserves
The Daily Telegraph: Shell denies inflating figures to earn bonus
Dow Jones Business News: Former Shell Chairman Was Told of Reserve Issues
CNN: Ex-Shell Chairman Told of Reserve Issues
The Wall Street Journal: Former Chairman at Shell Was Told Of Reserve Issues
Tuesday 9 March, 2004
London Evening Standard: Shell facing up to 15 fraud claims
The New York Times: Investors Have Mild Reaction to Regulators' Investigation of Royal Dutch/Shell
The New York Times: Oil Giant's Officials Knew of Gaps in Reserves in '02
The Daily Telegraph: Watts knew 'two years ago' of Shell's inflated reserves
The Independent: Shell chief 'told of reserves shortfall in 2002'
Yahoo News Report: Shell Execs Hid Reserves Problem
Wednesday 10 March, 2004
Forbes.com: Brinded new power behind shaky Shell throne
The New York Times: Shell Found Variety of Practices for Rivals' Reserves
The Times: Will more skippers have to go from Shell's leaking ship?
Financial Times: Pressure grows on Shell's finance chief
Financial Times: Investors call for no more Shell shocks
The Guardian: Shell's loss is Cairn's gain in second Indian oil strike
International Herald Tribune: Shell officers silent on alerts of oil gap
AccountancyAge.com Shell CFO's position under threat
London Evening Standard: Shell facing up to 15 fraud claims
The Wall Street Journal: Shell Officials Kept Board in Dark
Thursday 11 March, 2004
Yahoo News: SEC Examines Shell's Bonus Awards
Daily Mail: Shell shock spotlight on Boynton
Daily Mail: Time to get over Shell shock
Financial Times: Shell needs more than scapegoats
Financial Times: Audit chief at Shell backs top managers
Los Angeles Times: SEC Probes Shell's Oil, Gas Report
The Economist: Royal Dutch/Shell - Another Enron?
The Wall Street Journal: SEC Probes Shell's Bonus Awards
The International Herald Tribune: Shell urged to bring in new talent
Friday 12 March, 2004
The Daily Telegraph: US watchdog digs into Shell bonuses
The New York Times: At Shell, New Accounting and Rosier Oil Outlook
Forbes.com: Fitch lowers outlook for Shell to negative
Saturday 13 March, 2004
The New York Times: Credit Agency Lowers Its Outlook on Shell
Financial Times: Shell directors to press for more resignations
Sunday 14 March, 2004
The Independent: Watts may lose his Shell pension
The Observer: FSA probes scandal of 'missing' Shell reserves
The Sunday Times: Why Shell has clammed up
Forbes.com: Shell management faces tough week; annual report due
Bloomberg.com: U.K. Regulator Probes Shell on Oil, Gas Reserves, Observer Says
Financial Times: Shell looks at hiring ex-SEC chief Pitt
Mail on Sunday: Now FSA probes scandal at Shell
Monday 15 March, 2004
The New York Times: Regulators' Scrutiny Rises in Britain in Shell Case
CNN: Shell may hire Harvey Pitt
The Daily Telegraph: FSA presses Shell on reserves rules
AccountancyAge.com: FSA launches Shell probe
London Evening Standard: Watchdog probes Shell scandal
USA TODAY: Foreign firms aim for better oversight
The Wall Street Journal: Shell Draws Focus Of U.K. Watchdog
Tuesday 16 March, 2004
Australian Financial Review: Shell shocked: the tank's empty
The Independent: City watchdog launches Shell investigation
Financial Times: Shell looks to overhaul management after studying other multinationals
Financial Times: Dual identity has some advantages
The Guardian: Shareholders braced for more Shell shocks
Daily Mail: Timebomb under the Shell chiefs
Wednesday 17 March, 2004
The New York Times: Justice Dept. Opens Inquiry Into Shell Oil
Forbes.com: Shell directors to face UK shareholders next week
London Evening Standard: Shell US probe may lead to charges
The Miami Herald: UK Financial Watchdog
Launches Investigation into Shell Scandal
The Times: Shell sells
Sinopec stake
CNN.com: Justice Department starts Shell probe
Financial Times: Shell's ousted chiefs 'paid no bonuses' in 2003
The Miami Herald: Further Resignations Expected at Shell
The Miami Herald: Shell's Oil-Reserves Rumpus Set to Rumble On
The Guardian: Shell plans 20% job cuts in Nigeria
Financial Times: US prosecutors to probe Shell over reserves
Thursday 18 March, 2004
The Guardian: Shell executives may face charges over oil reserves
The Times: Shell chiefs in criminal inquiry over ‘lost’ reserves
The Daily Telegraph: Shell braces for second US inquiry into stated reserves
THE NEW YORK TIMES: Shell Sells Stake in China's Largest Refiner
San Jose Mercury News: Shell Reclassifies More of Its Reserves
HoustonChronicle.com: Shell cuts reserves again, delays annual report
BBC News: Shell's slippery slope
Reuters.com: Shell Cuts Reserves as U.S. Probe Widens
The Scotsman: Shell Slips as Oil Reserves Downgraded Once More
ABC.News.com: Shell Reclassifies More of Its Reserves
Royal Dutch/Shell Group Announcements
Financial Times: Shell cuts oil reserve figures for second time
Financial Times: Performance bonuses for 2003 scrapped
Financial Times: Shell forced to hold back annual report
Financial Times: Probe focuses on internal knowledge
Financial Times: Pressure rises on group to hire new blood
Financial Times: Reduction in proved reserves adds to pressure on ratings
London Evening Standard: Shell slashes its reserves again
The Washington Times: Shell cuts reserve estimates again
Wall Street Journal: Shell Eased Rules in Mid-1990s
Friday 19 March, 2004
The New York Times: Shell Withheld Reserves Data to Aid Nigeria
The Guardian: Crisis deepens at Shell
The Guardian: More heads may roll
The Daily Telegraph: Shell cuts reserves by another 470m barrels
The Daily Telegraph: Figures as slippery as the black stuff
The Times: Are predators eyeing lame Shell?
The Times: Second Shell reserves shock sparks industry-wide inquiry
The Independent: Shell plunged into fresh turmoil after second reserves downgrade
The Independent: Something must give as Shell shocks again
London Evening Standard: Oil giant Shell faces bigger lawsuit
The Miami Herald: 2 months later, Shell again alters its reserve count
The Los Angeles Times: Shell Cuts Reserves
Again as Probe Widens
BBC News: Shell boss 'shocked' at revisions
BBC News: Shell postpones its annual report
The Scotsman: Shell chief defiant over reserves cut
The Scotsman: Shell shocks with new reserves downgrade
The Scotsman: Further revelations from Shell leave oil giant looking fragile
Financial Times: Shell's kitchen
Financial Times: Shell shocks again
Financial Times: LEADING AGENCIES LIKELY TO COME UNDER INCREASED PRESSURE
Financial Times: Shell cuts oil reserve figures for second time
Financial Times: Bonuses go as changes in internal control structures take effect
London Evening Standard: Shell 'happy to hide downgrade'
London Evening Standard: BP hits back as oil probe goes global
The Financial Times: Oil reserves
San Diego Union Tribune: Shell's new cut in reserves jars investors, arouses suspicions
Wall Street Journal: Shell Again Cuts Reserves Estimate
Saturday 20 March, 2004
The Scotsman: Pressure builds up on Shell
The Guardian: Investors seek Shell shake-up
The Independent: Shell insider inquiry into director deals
The Times: BP risks showdown with SEC over gas reserves
Financial Times: Shell's reform from within needed a crisis: Old seeds of oil group's troubles
Financial Times: Let Shell's managers get on with it (LETTERS TO THE EDITOR SECTION)Sunday 21 March, 2004
Daily Mail: Shell credibility gap widens
Forbes.com: Auditor refuses to sign Shell accounts - paper
San Jose Mercury News: Estimates of oil reserves based largely on guesswork
The Sunday Telegraph: You can't be sure of Shell
The Sunday Telegraph: The Shell debacle infects four FTSE company bosses
The Sunday Telegraph: The fault of Royal Dutch Shell is offering too little
The Sunday Time: Auditor refuses to sign Shell accounts
The Observer: Shell fears worse to come
The Observer: Double-Dutch message
SundayHerald.com: After week of shocks, you can’t be sure of Shell
The Scotsman: Shell investors braced for yet more oil and gas revisions
The Scotsman: Auditors 'Forced Shell Report Delay'
Mail on Sunday: Mr Clean tipped for top Shell job
Financial Times: Shell to face grilling over reserve levels
BBC News: Shell denies auditor delay claims
Monday 22 March, 2004
The Times: Shell faces pressure to shed more executives
The Times: William Lewis: Strange times in the Shell Kremlin
The Independent: Shell hit by audit row as investors call for shake-up
Daily Mail: Crisis grows at oil giant Shell
London Evening Standard: Shell braced for investors anger
The Scotsman: Watchdog accused in Shell saga
Los Angeles Times: Shell Won't Speculate on Reserve Cuts
Financial Times: Shell plans to squeeze more from Nigerian operations
Financial Times: Nigerian moves come at time of turbulence for Shell
Forbes.com: UK's ABI says had constructive meeting with Shell
The Daily Telegraph: You can probably be sure of Shell
The Daily Telegraph: Shell audit fears pile on pressure
The Guardian: Shell to cut Nigerian jobs
London Evening Standard: Shell: 'We're ready for shake-up'
Tuesday 23 March, 2004
The Times: Nigeria hampers Shell’s plans for output growth
Houston Chronicle: Shell cutbacks to cost Nigeria jobs
The Scotsman: Shell announces Nigerian shake-up as ABI talks begin
Financial Times: Shell UK arm hails 'helpful' talks with angry investors
Financial Times: Shell does not need a Messier
Financial Times: A diplomatic dance at Royal Dutch/Shell
Financial Times: Investors flex their muscles at Shell
The Guardian: SEC under attack over Shell
The Independent: Investors to press Shell further on board shake-up
Citywire: Wall Street runs scared
London Evening Standard: Mission impossible for directors
The Daily Telegraph: Shell agrees to change structure over joint board
The Daily Telegraph: South Bank show needs makeover
Forbes.com: Shell confirms U.S. Justice Dept contact
Bloomberg.com: Shell Cooperating With U.S. Justice Department Probe
Mlive:com: Nigerian labor groups say Shell faces showdown over restructuring plans
HoustonChronicle .com: Criminal investigation possible, Shell confirms
BBC Radio - File on 4: Shell (Broadcast 23 March 04)
BBC RADIO 4 "FILE ON 4" TRANSCRIPT OF PROGRAMME BROADCAST ON 23 MARCH 04 (RECOMMENDED)
The Wall Street Journal: Shell: US Dept Of Justice Now Involved In Reserves Flap
Wednesday 24 March, 2004
The Daily Telegraph: Shell chiefs could be prosecuted over reserves
The Herald.co.uk: Shell-shocked Cairn executives head for Bangladesh
The New York Times: Nigeria Says Reserves Are Unaffected by Shell Cuts
The Guardian: Problems at Shell (RECOMMENDED)
Thursday 25 March, 2004
Shell.com: Shell signs landmark heads of agreement to re-enter Libya
The Wall Street Journal: SEC Eyes Links Between Oil Reserves, Exec Pay -Consultant
The Wall Street Journal: SEC Won't Attend Public Forum On Oil Reserves
The Times: Diplomatic ties linked to purse strings
Friday 26 March, 2004
The New York Times: Nigeria Threatens to Halt Shell Production
The New York Times: Libya Signs Energy Exploration Deal With Shell
MiamiHerald.com: Nigeria Threatens to Halt Shell Production
Financial Times: BLAIR IN LIBYA: British companies quick off the mark for deals
The Daily Telegraph: Shell examiner points finger at SEC
The Independent: Shell first off blocks in race to cash in on UK's new friendship
The Atlanta Journal-Constitution: Nigeria Could Soon Halt Shell Production
HoustonChronicle.com: Questions due on human rights lawsuits
SwissInfor.Org: Ex-Shell head to face Nigeria case questions
CityWire.co.uk: Shell short of friends? look who's buying
London Evening Standard: Sir Philip to be quizzed over Nigeria
THE WALL STREET JOURNAL: Shell Executives Escape Board's Purge
THE WALL STREET JOURNAL: Shell Finance Chief Has Faced Scrutiny Before
WALL STREET JOURNAL: Nigeria Unions Ask Pres To Probe Shell Plan For Job Cuts
Saturday 27 March, 2004
The Daily Telegraph: Shell fills its boots in the desert sun
Financial Times: SEC pulls out of energy forum
The New York Times: Shell Probe to Test Regulator Cooperation
Sunday 28 March, 2004
The Sunday Telegraph: Shell investors demand Royal Dutch meeting
The Sunday Times: Why auditors closed the door on Shell
The Independent: Sarbanes-Oxley may force out Shell duo
Mail on Sunday: Shell faces showdown in Nigeria
Monday 29 March, 2004
Financial Times: Shell aims to deflect blame over oil reserves
Financial Times: LETTERS TO THE EDITOR: Contingent assets as a concept
Financial Times: The rise of the independent consultancy
The Daily Telegraph: Directors' legal cover set to rise
The Daily Telegraph: Attention old shipping: more storms ahead
The Daily Telegraph: Stranger than fiction - I couldn't have invented it
BARRON’SOnline: Fuel for Thought
Tuesday 30 March, 2004
The Guardian: BP twists knife into Shell with share buyback
The Daily Telegraph: Money gusher under BP
The Independent: BP buy-back programme adds to Shell's woes
The Independent: Outlook: BP puts Shell to shame as oil price gushes
Financial Times: Ryder Scott in talks to settle suit
New York Times: BP to Increase Cash Dividends to Investors
London Evening Standard: Oil giants in US regulator's sights
Wednesday 31 March, 2004
Bloomberg.com: U.K. Stocks Mixed; Cadbury Schweppes Rises as Shell Shares Fall
Mayo News Online: Shell reserves and reservations
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