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Tuesday, January 1, 2008

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  • Shell Controversies

    A selection of memorable images associated with the controversial track record of Royal Dutch Shell.
  • Reserves Fraud

    Shell’s reputation was destroyed in 2004 after FIVE consecutive cuts to its hydrocarbon reserves covering 55% of its total reserves. US and UK financial regulators imposed $150 million in fines on Shell for securities fraud. Shell was also rocked by class action lawsuits.
    Sir Philip Watts and Walter van de Vijver (whose headcut images appear courtesy of The Wall Street Journal) were among the Shell executives forced to resign. More details at the foot of this column. 




The TRUTH will set you FREE.

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