Shell boards to meet on reserves issues: directors expected to focus on internal probe, tensions among former top officials

Article Abstract:

The parent-company boards of Royal Dutch/Shell Group will consider strategies concerning recent revelations that the oil firm's natural gas and oil reserves had been significantly overstated. The resultant 20% reduction in those figures has led to significant drops in stock values.

Production management, Securities issued, listed, Capacity, Economic aspects, Securities, Petroleum reserves, Company securities

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Shell pegs budget for exploration to higher prices

Article Abstract:

Royal Dutch-Shell Group of Cos. is aiming to convince investors that it is committed to boosting its energy reserves. Its new financial strategy aims to direct revenue from high oil prices into the resuscitation of its oil and gas exploration projects.

Financial management, Petroleum refining, Finance, Discovery and exploration, Company financing

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Shell to expand gas operations

Article Abstract:

Royal Dutch/Shell Group is expected to expand its natural gas operations in order to exploit increasing demand. Natural gas demand has been rising in Asia and in the US.

United States, Natural Gas, Asia, Petroleum, Gas industry

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