Oil giant Shell said today it wanted to scrap its twin board structure as it battles to restore confidence in the wake of its reserves crisis.

Oil giant Shell is changing its bonus scheme to encourage staff to focus on the whole company, not just their own division, it emerged today.

Shell was today rapped by financial watchdogs for a catalogue of failings that led to it inflating its oil and gas reserves.

OIL giant Shell is bracing itself for a takeover bid that could come from French rival Total, it was reported yesterday.

Oil giant Shell is bracing itself for a takeover bid that could come from French rival Total, it was reported today.

A senior Shell director who resigned in the wake of the reserves crisis earlier this year is to receive a €3.8m pay-off, it emerged today.

Oil giant Shell could merge its Dutch and British holding companies as part of an overhaul in the wake of its reserves crisis, it was reported today.

Oil giant Shell said today it had been hit with a $120m (€99.5m) fine following its reserves crisis earlier this year.

Oil giant Shell was today given a torrid time by shareholders angry at the crisis over its reserves.

Investors in Shell were today due to get their first chance to quiz the company since it revealed its reserves crisis.

Troubled oil group Shell said today that former chairman Philip Watts got a pay-off of more than £1m (€1.5m) after quitting over the company’s reserves crisis.

Shell unveiled a key boardroom appointment today as the troubled oil group battles to shore up confidence following its reserves crisis.

Oil giant Shell said yesterday that none of the senior executives ousted in the wake of its reserves crisis would receive annual bonuses for 2003.

Oil giant Shell said today that none of the senior executives ousted in the wake of its reserves crisis would receive annual bonuses for 2003.

Oil giant Shell surprised markets today by reporting a 9% hike in profits as it began the battle to restore its battered reputation.

The UK's Financial Services Authority is formally investigating oil giant Shell following the shock downgrade of its reserves earlier this year, it was announced last night.

The crisis over the reserves of oil giant Shell claimed its third scalp today with the departure of finance chief Judy Boynton.

Oil group Shell today stayed silent on reports that its finance chief was on the verge of quitting.

OIL giant Shell delayed publication of its annual report after one of its joint auditors refused to sign off the accounts, it was reported yesterday.

Oil giant Shell today stayed silent on claims that more of its executives could resign following its revelation of a major shortfall in its oil and gas reserves.

Philip Watts was forced to stand down as chairman of oil giant Shell after a “loss of confidence” in his leadership, it emerged today.

Philip Watts is to stand down as chairman of Shell – two months after the oil giant shocked investors with a sharp downgrade in the level of its reserves.

Under-pressure Shell boss Philip Watts today unveiled a 33% fall in fourth quarter profits after one-off charges masked higher oil prices.

Shareholders in oil giant Shell today backed a package of rewards which offers senior executives shares worth up to twice their salary.

Philip Watts, chairman of oil giant Shell, earned £1.8m (€2.67m) during a year in which profits and shares both fell, it emerged today.

Anglo-Dutch oil giant Shell reported a 46% rise in profits for the last quarter today after benefiting from higher oil prices.

Shell's chairman Philip Watts picked up more than £1.5 m (€2.4m) in pay and share options last year.

Anglo-Dutch oil giant Shell shocked financial markets today with a surprising move for the UK’s biggest independent operator, Enterprise Oil.