Royal Dutch Shell News Thursday, 31 March 2005
CNN: Shell pumps twice as much as it finds (ShellNews.net) 31 March 05
Business Week: Shell reveals reserves fell last year: “The Royal Dutch/Shell Group of Cos., still recovering from a scandal that forced it to drastically reduce the level of its proven reserves, revealed Thursday that its oil and gas reserves fell by a further billion barrels last year.” (ShellNews.net) 31 March
LONDON EVENING STANDARD: Shell denies Improper deals’ sacking report(ShellNews.net) 31 March 05
London Evening Standard: Shell reveals new fall in reserves: “OIL AND gas reserves have fallen by a further billion barrels at Anglo-Dutch giant Shell…”: “Shell today published a mammoth 264-page document filed with US regulators which confirms what analysts feared – the group replaced only 19% of its production last year with new fields.” (ShellNews.net) 31 March 05
Forbes: Shell Reports 11.9 Billion-Barrel Reserves: “Shell, which paid US$150 million in fines to British and U.S. regulators over the reserves scandal, also said its reserve replacement ratio – or how much oil it replaces for that pulled from the ground – was 19 percent for 2004…”: “Rivals such as Britain’s BP PLC and U.S. giant Exxon Mobil Corp. have reserves replacement ratios of more than 100 percent.” (ShellNews.net) 31 March 05
newratings.com: Shell Finances Not Hit By Whale Diversion (ShellNews.net) Posted 31 March 05
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