Royal Dutch/Shell says growth in oil, gas output will drop

Article Abstract:

Royal Dutch/Shell Group is forecasting a drop in the amount of oil and gas that will produce for the five years ending in 2005. The company reduced its gas and oil production from 5% to 3% in the period.

Production management

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Pumped-up Total challenges rivals

Article Abstract:

Total S.A. is forecasting a rise of 5% in yearly oil and gas production through the 2007 year. The company is currently producing 2.5 million barrels per day.

Forecasts, trends, outlooks, Production data, France, PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Petroleum & Energy Products, Market trend/market analysis, TOTAL S.A.

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Shell's structure, strategy fueled reserve scandal: as rivals used acquisitions to counter dearth of oil, it continued to overbook

Article Abstract:

The article assesses the economic and legal implications of petroleum reserve overstatements made by Royal Dutch-Shell Group of Cos. While the firm has reduced its reserve statement by 20%, investigations continue into why the overstatements were allowed.

Legal issues & crime, Government regulation (cont), Government regulation, Legal/Government Regulation, Capital funds & cash flow, Economic aspects, Company legal issue, Laws, regulations and rules, Investigations, Accounting and auditing, Petroleum reserves, Accounting procedures

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