Thomson ReutersJanuary 17, 2014 06:04
By Kate Holton
LONDON (Reuters) - Royal Dutch Shell <RDSa.L> issued a "significant" profit warning on Friday, detailing across-the-board problems and the extent of the challenges facing the oil major's new boss Ben van Beurden, who took over two weeks ago.
The warning comes nearly 10 years to the day after Shell, the western world's No. 3 oil company, revealed the so-called reserves accounting scandal, when the group dramatically downgraded its reserves estimates.