Shell was warned on reserves in 2000
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Royal Dutch/Shell, the energy group, ignored internal warnings for several years that it was overstating reserves because it was determined to show investors it could find enough oil and gas to keep it at the forefront of the industry.
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Shell, the Anglo-Dutch oil giant, warned yesterday that production is likely to remain flat for the next five years as it accelerates the disposal of unwanted assets and
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The move threatens to slow the development of the largest oil find in the world in three decades.
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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 as it seeks to restore battered investor confidence.
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By Daily Mail, London  Sep. 6--Russia's environmental watchdog has opened up a new front in its  attack on Shell's huge Sakhalin-2 oil and gas project.
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UK regulators criticized Royal Dutch/Shell Group, Europe&#39;s second-largest oil company, for ``unprecedented misconduct&#39;&#39; in the overstatement of reserves that led to fines of $151.
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The Bush administration plans to release oil from the nation&#39;s emergency stockpile to make up for supply disruptions caused by Hurricane Ivan - the first time in nearly two years the reserve has been tapped.
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Opec, the oil producers&#39; cartel, has taken the surprise step of urging the US to release stocks held in emergency reserves to calm the frantic crude market.
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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 announced plans to boost spending on exploration and production while selling non-core assets, making the replacement of its missing reserves a priority in restoring battered investor confidence.
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Royal Dutch/Shell Group (RD.AS: Quote, Profile, Research) (SHEL.L: Quote, Profile, Research) said it would jointly operate 180 gas stations in China by the end of 2004, the
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Business & money: Opec under pressure to increase production after warning that prices could peak by end of year.
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ANCHORAGE, Alaska  - A U.S. federal appeals court has ordered Royal Dutch Shell Plc  to suspend oil exploration operations in the Beaufort Sea off the north coast of Alaska pending a legal challenge being brought by environmental activists and Alaska native groups.
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The world&#39;s oil supply is expected to be stretched thin for another two to three years, even as demand tapers off and the industry gears up for an exploration and production spending spree in 2005.
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By ESPINER, Colin; STEWARD, Ian  Conservation Minister Chris Carter is warning of an environmental disaster if a Japanese whaling ship foundering off the Antarctic coast spills oil into the Ross Sea.
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Nigeria&#39;s Senate is reportedly to ask a Shell unit to pay $1.5bn (Â£0.84bn) compensation to oilfield communities for environmental damage.
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Governments around the region are warning that rising oil prices have started to hurt their economies.