Former executive says Shell loosened reserve guidelines
Article Abstract:
A former Shell executive reveals that the guidelines for natural gas reserves were relaxed during 1990s, which has led Shell Group to overstate or prematurely book reserves in two big natural gas fields in Australia and Norway. The relaxation suggests that some of Shell's reserve problems may have predated the arrival of Philip Watts as head of Shell's exploration and production unit in 1997.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
TransAlta, Chilean firm strike emissions swap deal: Companies make carbon credit trade
Article Abstract:
TransAlta Corp. announced a deal with a Chilean company to help it meet its expected Kyoto Protocol commitments on August 24, 2004. The Calgary-based power producer has signed the deal to spend about $9-million for credits worth 1.75 million tons of greenhouse gas emissions from hog farmer Agricola Super Ltd. of Chile.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Montreal port head lauds CP Ships deal. British firm snaps up Canadian itravel2000
- Abstracts: Masonite executives hit road to fight for dealc. Move marks KKR's latest push into retail. Manitoba fund scandal grows
- Abstracts: Knight sold as industry struggles. Federated strikes deal for May to create chain of 1,000 stores
- Abstracts: Viewers get sold on video on demand. Microsoft pins hopes on new software Vista
- Abstracts: Dimethaid, J&J sign deal for arthritis lotion distribution in the US. Three late-stage products rev up interest in Cipher