Shell News Archive Wednesday 15 December, 2004
Financial Times: ChevronTexaco raises its oil planning price to $20-$30: “Royal Dutch/Shell was the first of the super-majors to break ranks on the planning price, because of extreme pressure to rebuild its reserves.” (ShellNews.net) 15 Dec 04
Financial Times: Secret and unreliable world of oil statistics: “It also does not bode well for the longer-term issue facing the industry – the extent of oil and gas reserves.”: “The Royal Dutch/Shell Group debacle, where the oil producer wiped 23 per cent off its oil reserves this year, highlighted the loose interpretation of rules governing energy reserves.” (ShellNews.net) 15 Dec 04