Company News: Shell to end dual ownership; still evaluating reserves

11/08/2004
The boards of Royal Dutch/Shell Group and Shell Transport & Trading Co. (ST&T) have proposed to shareholders that the companies be merged under a single parent company, Royal Dutch Shell PLC.The move to formally combine the group's British and Dutch parent companies under a single board and a single executive was prompted by criticism from investors who said that the old structure hindered transparency and financial accountability.That criticism escalated this year after Shell announced in January its first in a series of four adjustments that ultimately lowered proved reserves by 24%, mainly through reclassification. Shell has said a fifth reserves adjustment might be coming.In recen...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected