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Posts on ‘July 10th, 2004’

Royal Dutch/Shell close to shake-up

The Star.com: Royal Dutch/Shell close to shake-up

Saturday July 10, 2004

LONDON: Some of the most powerful figures within the Royal Dutch/Shell Group of companies are willing to concede shareholder demands for a unified board and a clearer management structure, the Financial Times reported, citing several people close to the situation.

Such a move would mark the end of a century-old governance structure whose effectiveness has been called into question by investors in the wake of the Anglo-Dutch oil group’s reserves crisis, the newspaper said. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Royal Dutch/Shell is said to be under growing pressure to unify its board

The Times: Need to Know: Global Business Briefing: “Royal Dutch/Shell is said to be under growing pressure to unify its board”

July 10, 2004

Edited by Joe Bolger

Royal Dutch/Shell is said to be under growing pressure from investors to unify its board as the Anglo-Dutch oil group keeps all options open on its dual structure.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

SHELL SHOCK: The Money Programme provides a clear and merciless indictment of Shell

The Times: SHELL SHOCK: The Money Programme provides a clear and merciless indictment of Shell, a company that prided itself on being a safe investment for widows and orphans

Television: Thursday, July 15 2004

BBC Two, 9.50pm on July 10, 2004

The Money Programme provides a clear and merciless indictment of Shell, a company that prided itself on being a safe investment for widows and orphans.

In the late 1990s, BP and Exxon expanded through acquisition, leaving Shell lagging behind. The then head of exploration and production, Sir Philip Watts, was determined to restore the company’s pre-eminence. Its proven reserves were exaggerated by 4.5 billion barrels. When Sir Philip became chairman, his successor, Walter van de Vijver, was appalled and fired off numerous warnings. “I am becoming sick and tired,” he wrote, “of lying about the extent of our reserves.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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