JANUARY 2004 ROYAL DUTCH SHELL NEWS
Wednesday, January 7, 2004
Friday, January 9, 2004
BBC News: Shell shares dive as reserves cut
FT: Shell makes shock cut in oil reserves estimateREUTERS BOND NEWS UPDATE: Moody’s, S&P say may cut Shell ratings
Canadian Press NATIONAL POST: Royal Dutch/Shell scales back proved reserves;
Business – Reuters: Major Oil Stocks Fall on Shell RevisionBusiness – Reuters: Shell Cuts Reserves Estimate, Shares Fall
UK- AFP: Shell restates proved oil reserves, shares slide
Dow Jones Business News: Royal Dutch/Shell Trims Proved Oil, Gas Reserves
Citywire Financial Publishers: Shell cracks after reserve cut
Saturday, January 10, 2004
The Times: How Shell blew a hole in a 100-year reputation
The Times (LONDON): Shell shock for investor confidence
Daily Telegraph: Shell drops ‘bombshell’ on reserves
Daily Telegraph: All Shell proves is that others do it so much better
The Washington Post: Cold Weather, Weakening Dollar Push Crude Oil Prices Higher
THE SCOTSMAN: Market stumbles on Shell reserves news
THE SCOTSMAN: Shell’s massive miscalculation fuels fires of shareholder scorn
The Guardian: Sir Philip ducks out as Shell cuts its reserves
The Scotsman: wipes 7.5% off shares
The Independent: Reserves shock wipes £8bn from value of oil giant Shell
The Guardian: Another sign of unreliable times …
London Evening Standard: Reserves shock hammers Shell
Bloomberg News: Shell cuts estimate of oil reserves
Financial Times: Shell hit by move on reserves
Sunday, January 11, 2004
The Sunday Times: Ultimatum for Shell chief after oil reserves bombshell
The Sunday Times: Shareholders can no longer be sure of Shell
The Sunday Times: A broken Shell
The Observer: Pressure grows on Shell chairman to quit
FT.Com: Shell reserves shock analysts
Monday, January 12, 2004
The Australian: Shell chief faces the axe
Daily Mail: Heat is on Watts after Shell shock
The West Australian: Investors howl for Shell’s blood
London Evening Standard: Shell pledges faith in Gorgon
The Times: Investors demand changes at Shell
The Guardian: Shell debacle leads to call for outside audits
Sydney Morning Herald: Shell rubs out 4bn barrels
Financial Times: Life of Shell reserves cut by 3 years
Financial Times: Call for oil giants to detail fields
Tuesday 13 January, 2004
The Independent: Philip Watts to quit early as chairman of Shell
Daily Mail: Shell hopes to calm troubled waters
Houston Chronicle: Feds’ stance spurs Shell’s decision on reserves
Wednesday 14 January, 2004
Financial Times: Shell board set to back chairman
Financial Times: Shell’s man who wasn’t there
Thursday 15 January, 2004
Friday 16 January, 2004
Evening Standard: The malaise afflicting Shell
Daily Telegraph: Investors in Shell seek shake-up of structure
Saturday 17 January, 2004
Financial Times: Shell chief explains absence
Calgary Herald: Shell’s pain is ASC’s gain
Sunday 18 January, 2004
The Sunday Telegraph: Shell investors reject Watts’ explanation
The Sunday Telegraph: When will Watts come out of his shell?
The Observer: Shareholders want to know where Shell’s reserves went
The Observer: First get rid of Watts, say Shell investors
Monday 19 January, 2004
The Daily Telegraph: Shell shareholders demand change after bombshell
Financial Times: Shell suffers another blow to its pride
London Evening Standard: Cairn oil find blow for Shell boss
Tuesday 20 January, 2004
Houston Chronicle: Shell’s strategy led firm into decline, brokers say
Houston Chronicle: Chairman defends action on reserves
Financial Times: Shell shocked as reject field strikes it rich
The Times: Red faces at Shell as Cairn hits black gold
The Guardian: Cairn strikes it rich on land Shell sold
London Evening Standard: Shell shock spurs City meeting
Thursday 22 January, 2004
New York Times: Shell Lowers Estimate, and Investors Ask Why
Reuters: Shell boss drops out of Davos economic forum
Daily Mail: Rumours of Watts departure lifts Shell
Friday 23 January, 2004
Daily Mail: Rebels demand shake-up at Shell
Sunday 25 January, 2004
The Sunday Times: Shell needs much more than a PR offensive
Monday 26 January, 2004
Milberg Weiss Announces Class Action Lawsuit Against Royal Dutch Petroleum Company
Tuesday 27 January, 2004
The Daily Telegraph: US class action cites Shell chief
The Scotsman Shell hit with US lawsuit for ‘rule breaking’
BBC News: Shell facing $1bn US lawsuit
Times Online: American class action lawyers take on Shell
Financial Times: US lawsuit puts more pressure on Shell chief
The Guardian: Shell hit by US legal action
The Independent: US investors launch legal action against Shell over reserves
Wednesday 28 January, 2004
The Scotsman: Shell set to try and ride out oil reserves storm
Thursday 29 January, 2004
The Economist: This time sorry may not be enough
Houston Chronicle: Shell chairman says he won’t quit
Evening Standard: Shell’s hard case
Saturday 31 January, 2004
Houston Chronicle: Tough day awaiting Shell chief
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