Physical gas prices slipped 3 cents overall on average with some strength working its way into the market, but not enough to counteract Northeast weakness.
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Royal Dutch/Shell Merger, Earnings Counteract Another Possible Reserves Reduction
In an effort to provide greater accountability and streamline corporate governance since its reserves reduction scandal earlier this year, Royal Dutch/Shell last Thursday announced that it will merge its two holding companies, The Hague-based Royal Dutch Petroleum Co., which owns 60% of the company, and London-based Shell Transport & Trading Co. Ltd., which holds 40% of the company.
Royal Dutch/Shell Merger, Earnings Counteract Another Possible Reserves Reduction
In an effort to provide greater accountability and streamline corporate governance since its reserves reduction scandal earlier this year, Royal Dutch/Shell on Thursday announced that it will merge its two holding companies, The Hague-based Royal Dutch Petroleum Co., which owns 60% of the company, and London-based Shell Transport & Trading Co. Ltd., which holds 40% of the company.
Royal Dutch/Shell Merger, Earnings Counteract Another Possible Reserves Reduction
In an effort to provide greater accountability and streamline corporate governance since its reserves reduction scandal earlier this year, Royal Dutch/Shell on Thursday announced that it will merge its two holding companies, The Hague-based Royal Dutch Petroleum Co., which owns 60% of the company, and London-based Shell Transport & Trading Co. Ltd., which holds 40% of the company.