Shell&#39;s Â£82.7M Fines over Reserves Crisis Confirmed
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Shell was today rapped by financial watchdogs for a catalogue of failings that led to it inflating its oil and gas reserves. Fines totalling Â£82.
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Oil giant faces new accusations of profiteering after making British corporate history with Â£13.9bn profits
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Anglo-Dutch energy company Royal Dutch-Shell will boost capital spending to $15 billion a year during 2004-06 to build proven reserves.
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Crisis-hit jet fuel supplier China Aviation Oil (CAO) has launched a rescue plan after running up $550m (Â£284m) in trading losses.
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The US Department of Justice fines oil giant BP some $373m (Â£182m), for fraud and environmental violations.
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LONDON, August 26 (New Ratings) - The beleaguered global oil giant, Shell (SHE1.ETR), has been reportedly asked by the Nigerian government to pay $1.
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A firm that used "high pressure sales tactics" to sell shares is fined Â£250,000 by the City watchdog.
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Royal Dutch/Shell Group announced Wednesday that it would spend US$1.8 billion on exploration and production in the North Sea, including building a pipeline to transfer gas from Norway to Britain.
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LONDON The corporate restructuring of the RoyalDutch/Shell Group is one of the year&#39;s largest financial transactions. Controversy is building in London over the answer to that question, illustrating yet again
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OIL group Shell has pledged to invest $45bn (Â£25bn) and make major disposals in a shake-up of the business, following its reserves crisis earlier this year.
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ELAN, the troubled Irish drugs group, last night said that it had settled a US regulatory inquiry into its accounting methods by agreeing to pay $15 million (Â£8million) in civil fines.
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BP Plc and subsidiaries have agreed to pay $373 million in fines and restitution for environmental violations and fraud charges, the U.S. Justice Department said on Thursday.
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Anglo-Dutch oil giant Royal Dutch Shell said on Thursday that net profits leapt 23 percent last year to a record 31.331 billion dollars (21.115 billion euros), energised by soaring crude prices.
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Royal Dutch Shell Plc  reported an 11 percent rise in current cost of supply (CCS) net income to $6.7 billion on Thursday, as higher oil prices and one-off gains helped to offset a fall in production.
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Scandal-hit oil giant Royal Dutch/Shell will invest $45 billion (25 billion pounds) over three years to boost reserves and production but its shares have fallen on disappointment
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The former chairman of Shell, Sir Philip Watts, is to take the main City regulator, the Financial Services Authority, to a public tribunal to try to clear his name over the oil giant&#39;s reserves scandal.
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By Paul James  A company fined over a 4km oil slick on the River Tyne has overturned the pounds 14,000 it was forced to pay out.