Royal Dutch/Shell Proposes to Unify Boards
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The Royal Dutch/Shell Group of Cos. unveiled plans Thursday for its two holding companies to merge after nearly a century, a response to a scandal over its downgrading of oil reserves, and said third-quarter ...
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PeopleSoft's board is willing to talk about a deal if the price is right.
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LONDON (CP) - Royal Dutch/Shell Group said Wednesday it will spend $45 billion US and sell up to $12 billion worth of assets to reinvigorate its underperforming oil and natural gas business.
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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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LONDON Royal Dutch/Shell Group said Thursday that it was merging the two publicly traded entities that make up the company and unifying their boards, ending a nearly 100-year-old corporate structure.
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Royal Dutch/Shell announced plans to boost investment in exploration and production, making the replacement of its reserves a top priority in restoring battered investor confidence.
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Royal Dutch/Shell Group, ending a century-old ownership structure, will combine its parent companies in the UK and Netherlands to rebuild investor confidence after writing down its reserves four times this year.
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Royal Dutch/Shell Group, the third- largest publicly traded oil company, plans to increase spending to $15 billion a year and drill more to replenish oil and gas reserves that had been overstated for years.
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LONDON  - Royal Dutch/Shell said it would delay a vote on its plans to switch to a single-board structure, to June next year, after initially scheduling a ballot for April 2005.
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LONDON Royal Dutch/Shell Group confirmed Wednesday a plan to sell as much as $12 billion in assets, spend as much as $45 billion on new projects, and consider making some acquisitions as the company tries to bolster its oil and natural gas production.
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THE senior management of Royal Dutch/Shell is starting a whirlwind tour of shareholders and staff. They aim to boost morale and explain plans to unify the company ahead of the vote on the shake-up at next May&#39;s annual general meeting.
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Move should open the way for the Linux seller to buy other companies.
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The Royal Dutch/Shell Group of Cos. said Thursday third quarter earnings doubled, and it unveiled plans for its two holding companies to merge.
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LONDON : Royal Dutch/Shell announced plans to boost investment in exploration and production, making the replacement of its reserves a top priority as it seeks to restore battered investor confidence.
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Royal Dutch/Shell announced radical plans to merge its separate holding companies in an overhaul of its corporate governance structures after a review triggered by its oil reserves scandal.
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Plans call for a Linux-based platform that will be usable in multiple environments, including on PCs, servers and PDAs.
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OIL giant Shell swept aside nearly 100 years of history yesterday when it unveiled plans to merge its UK and Dutch parent companies.