Shell boss admits job on line over reserves scandal
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The chief executive of Royal Dutch/Shell, Jeroen van der Veer, has admitted his "head is on the block" unless the Anglo-Dutch oil giant can sort out its energy reserves accounting problem.
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The S.E.C. also cleared two former top Shell executives over the 2004 scandal involving the overbooking of oil reserves.
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The Anglo-Dutch energy group Shell has reopened all its oil pumping stations shut down last month because of community unrest in southern Nigeria, a spokesman told AFP.
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The oil and gas firm keeps ratcheting up reserves.
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Oil firm 'loath' to confirm number Oil giant Royal Dutch Shell has told its staff that it plans to make more than 3,000 job cuts.â¦
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WASHINGTON (CBS.MW) -- An arm of Shell International announced Thursday a 20-year deal to provide 500 million cubic feet of liquid natural gas per day to a receiving terminal Sempra Energy is developing.
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ROYAL Dutch Shellâs dual structure has been blamed for troubles ranging from poor management to dodgy oil reserve accountancy. So its decision to meet shareholder criticisms by unifying its two holding companies
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THE man at the centre of the China Aviation Oil (CAO) scandal is expected back in Singapore and with him possibly will come the key to unlocking the mystery behind the company&#39;s collapse.
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Harmony Gold Mining Co. Ltd. said Monday that Gold Fields Ltd. had attempted to hire one of its senior employees to leak information about Harmony's hostile takeover bid.
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When the former coach of the Oakland Raiders traveled to Miami Monday to spend nearly five hours being interviewed for an opening that was, for all intents and purposes, already closed, Shell understood the situation.
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Shell reports a record profit for a UK-listed company of Â£9.3bn but also restates its oil reserves again.
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Anglo-Dutch oil giant Shell has reopened a 300-million-standard cubit feet gas plant in southern Nigeria that was shut down last week because of a fire on its supply pipeline.
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By Christopher Hope, Business Correspondent (Filed: 23/09/2004). Shell pledged yesterday to spend more cash on finding oil and gas over the next three years as the world&#39;s third largest oil company admitted
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Grumbles over reduced pay-off deal for IT workers Royal Dutch Shell faces legal action from trade union Unite over the terms of its redundancy package, a week after telling staff that more than 3,000 IT jobs were to be outsourced at the firm.â¦
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The former head of an oil field services company admitted Friday that he had employees work for several months on remodeling the home of Republican U.S. Sen. Ted Stevens.
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US regulators said yesterday that they had concluded their investigation of Royal Dutch/Shell Group in connection with the company&#39;s overstatement of its oil and gas reserves and now will target officials responsible for the problem.
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UK regulators said Royal Dutch/Shell Group, Europe&#39;s second-largest oil company, was guilty of ``unprecedented misconduct&#39;&#39; in overstating reserves that led to fines of $151.