JANUARY 2004 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 estimate REUTERS BOND NEWS UPDATE: Moody's, S&P say may cut Shell ratingsCanadian Press NATIONAL POST: Royal Dutch/Shell scales back proved reserves;
Business – Reuters: Major Oil Stocks Fall on Shell Revision Business – Reuters: Shell Cuts Reserves Estimate, Shares FallUK- 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
*****************************************************************
To see news files for each month, click on the appropriate month below: -
Click here for Shell Breaking NewsClick here for our file of original ShellNews.net Stories
Click here for news on current litigation involving ROYAL DUTCH SHELLClick here to visit the WEB PAGES OF SHELL GEOLOGIST/INSIDER, DR JOHN HUONG
Latest news on Royal Dutch Shell legal battles with whistleblower Dr John Huong
Selection of memorable/shocking Shell stories from 2004/5
MI6 'Firm' Spied on Green Groups (Sunday Times archive article 17 June 2001)
Click here to visit the WEB PAGES OF THE NATIONAL UNION OF OGONI STUDENTS INTERNATIONAL
Click here for links to other webpage's/websites relating to Shell's business ethics
Click here to read about the Great Shell Pluspoints Swindle exposed by Richard Dobbie: "A deluge of feedback to a simple web page launched in February 2004, entitled "The Great Shell Pluspoints Swindle", revealed that a badly flawed computer system, a disinterested customer service department, and the repeated failure by Shell's managers to act on problems have left the Pluspoints scheme in tatters; wide open to fraud and misuse by dishonest and careless petrol station staff
Click here to read the story of a Shell retailer in the USA: www.screwedbyshell.com
Click Here to return to HOME PAGE
AN OPEN LETTER TO HUMANS RIGHTS WATCH from ShellNews.net: Multinational power vs. individual human rights: The persecution of a Shell whistleblower, Dr John Huong, by Royal Dutch Shell: Sunday 4 December 2005: READ ShellNews.net: A candid open letter from a Shell insider to Jon Chadwick, Chairman of Shell Malaysia: Monday 5 December 2005: READ
ShellNews.net original commentary/news on Shell
This is a non-profit website: There are no subscription or any other charges: Any advertising revenues will be donated to a good cause.