VOL. XLVII
No 04
26-January-2004
SUPPLY/DEMAND
Shell Reserves Reclassification Severely Dents Upstream Profile, Says ABN AMRO
Shells upstream profile will be severely dented following its decision to recategorize some of its oil and gas reserves, according to ABN AMRO. In the Repositioned Upstream report published on 13 January, ABN AMRO analysts Peter Nicol, John Hancock, Chris Grudniewicz and David Martin write that the recategorization increases Shells historical finding and development...
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