Royal Dutch/Shell Group of Cos. reduced its 2003 earnings by $203 million Friday, in an annual report delayed by two months due to the scandal arising from the company’s downgrading of its oil and gas reserves.
Yet even as it sought to restore its battered reputation, Shell suffered another blow when a U.S. refinery said it had supplied Shell gas stations in parts of Louisiana and Florida with gasoline that contained potentially damaging amounts of sulfur.





Comments
Welcome to the new Resillience commenting system!
We have moved from the former Disqus commenting system to a new system as of September 10, 2026.
We made this change because of privacy concerns regarding Disqus. It's also part of a set of changes to bring more services to the Resilience community under a single login: commenting, (coming September 2026), and online courses (coming 2027). Unfortunately, your old Disqus comments may not reliably link to your account in this new system. Please contact us if you have any questions or concerns.