The Latest Shell ShockBy
This is one year executives at Royal Dutch/Shell Group would like to forget. In April, the $140 billion oil giant announced a major management shakeup after earnings from its two largest divisions slipped badly. In June, activists forced Shell to back down on plans to dump its defunct Brent Spar drilling rig at sea. Now, the company is in the line of fire again, this time from activists who want Shell to get out of Nigeria following the Nov. 10 execution of nine dissidents after what neutral observers called a sham trial.
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