The Day Security Escorted a disgraced Shell Group Chairman out of Shell’s HQ

The Day Security Escorted a disgraced Shell Group Chairman out of Shell’s HQ

Let me tell you a story (with the assistance of ChatGBT5)—about barrels that weren’t and a blue-chip oil giant that treated “truth” like a rounding error. In January 2004, Shell detonated its own credibility by admitting it had been wildly overstating what matters most in the oil game: proved reserves. How wildly? It began with a 3.9 billion-barrel “recategorisation” on 9 January 2004—about 20% of previously claimed reserves—and kept spiraling a…