Search for: "Shell Oil Company"
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29 Jul 2004, 12:26 pm
Royal Dutch/Shell Group has agreed to pay $150 million to settle investigations by the Securities and Exchange Commission and the UK Financial Services Authority into the company's overstatement of its oil reserves, it was announced Thursday. [read post]
6 Jul 2004, 9:50 am
According to the suit, filed in Manhattan federal court, Yukos, its executives and its advisors created a network of shell companies in order to evade taxes on the production, refining and sale of oil and oil products. [read post]
25 Jun 2004, 2:23 pm
Oil corporation Royal Dutch/Shell Friday faced a new lawsuit by shareholders seeking compensation in the wake of an admission that it overestimated its oil reserves by more than 20 percent. [read post]
19 Apr 2004, 10:56 am
Royal Dutch/Shell Group has replaced CFO Judith Boynton after an investigation into the company's reserves led led to the third reduction in proven oil and gas reserves this year. [read post]
17 Mar 2004, 12:24 am
Wednesday's New York Times reports that the US Justice Department has opened an inquiry to determine if Shell Oil executives violated any federal laws by not promptly disclosing major shortfalls in its proven oil and gas reserves, potentially misleading investors about the value of the company's assets. [read post]
