Shell faces no further court action
Posted: 04 July 2005
The Royal Dutch/Shell Group of Companies reported today that the United States Department of Justice issued a public release on 29 June announcing the conclusion of the investigation of the recategorisations of Shell's proved oil and gas reserves. The announcement, made by the US Attorney for the Southern District of New York, David N Kelley, said that the Department would not take any further action against Shell.
Jeroen van der Veer, Shell's Chief Executive, commented, "Shell appreciates United States Attorney Kelley's decision. The conclusion of this investigation is a most important step toward putting the matter of the reserves recategorisations behind us."
Posted by Editor Pipeline Magazine
Information supplied by companies
or PR agencies who are responsible for content. Send press releases
to info@pipelinedubai.com |
