The Time: Need to Know: “Speculation mounted that Royal Dutch/Shell is considering radical changes to its corporate structure”

Edited by Joe Bolger

14 July 04

Speculation mounted that Royal Dutch/Shell is considering radical changes to its corporate structure, including a merger of its Dutch and British holding companies.

Separately, the oil group restated its first-quarter net profit from $4.4 billion (£2.4 billion) to $4.7 billion because of changes in the inventory accounting.