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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Yukos issued a fresh warning yesterday that it could be forced to cut output, after a court ruling allowing authorities to seize up to $2.
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Union demands talks over job cut plans Union representatives for Royal Dutch Shell's IT workers demanded talks with the firm's top management yesterday over the outsourcing of up to 3,000 jobs at the oil giant.â¦
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Shell, the beleaguered oil giant, has been asked by Nigeria&#39;s Senate to pay $1.5bn (Â£830m) compensation to communities affected by oil pollution in the country.
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OPEC&#39;s president said yesterday the United States should tap into its emergency petroleum reserve to help lower oil prices. &quot;We have asked [the United States] to use their oil reserves
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THE Nigerian Government has ordered Anglo-Dutch oil giant Shell to pay $2.13 billion in compensation for damage caused by nearly 60 years of exploration in the Niger Delta, a Senate paper said yesterday.
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Oil giant Shell could be bracing itself for a takeover attempt, possibly from French rival Total, a  press report claims.
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The Anglo-Dutch oil company Royal Dutch Shell, one of the world's biggest, is bracing itself for a raid by France's Total.
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Business & money: Â· Miners also accused of exaggerating reserves   Â· Fears of renewed Kremlin attack on resources sector
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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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ANGLO-Dutch oil group Royal Dutch Shell yesterday said it would invest $45bn over three years to boost reserves and production as it battles to shake off the scandal of its reserves over-booking.
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Royal Dutch/Shell Group (RD.AS) (SHEL.L) said it would jointly operate 180 gas stations in China by the end of 2004, the second foreign oil major after BP to enter the country's huge but tightly controlled retail market.
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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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LONDON : Standard and Poor&#39;s Ratings Services said it had its eye on Royal Dutch/Shell for a possible downgrade of the oil company&#39;s debt rating in case of a further restatement of its reserves.
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The Financial Services Authority has hit oil giant Royal Dutch/Shell Group with a 17 million pound fine over its misstatement of its proven reserves.
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THE Indian government is to offer 20 oil and gas blocks for exploration to foreign and domestic firms from January. Oil minister Mani Shankar Aiyar said he was seeking bids &quot;with a view to bringing more areas
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The Royal Dutch/Shell Group of Cos. unveiled plans Thursday to merge its two holding companies after nearly a century apart, a response to a scandal over its downgrading of oil reserves. The company, which posted third-quarter profits double those of a year ago, also warned it might further reduce its proven oil reserves.