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The Motley Fool January 9, 2004 W.D. Crotty	Losing the Shell Game Whoops, looks like Shell miscounted. The world's second-largest oil company, Royal Dutch/Shell cut its reported proven reserves of crude and natural gas by close to 3.9 billion barrels, correcting a reporting error that began as early as 1996.
BusinessWeek February 23, 2004 Stanley Reed	Shell's Drama Isn't Over After the downgrade shock, can management get back on track? Senior managers at Shell suggest that Sir Philip Watts step down.
The Motley Fool February 6, 2004 W.D. Crotty	Royal Dutch Smell Royal Dutch leardership seems just fine with a large write-off of reserves.
The Motley Fool March 19, 2004 W.D. Crotty	A Royal Dutch Mess Royal Dutch re-re-categorizes oil reserves. Will it never end?
BusinessWeek May 3, 2004 Stanley Reed	Can Shell Put Out This Oil Fire? The company is floundering, and there's no sign of major changes on the way
Geotimes September 2004 Megan Sever	Energy & Resources Booking and Rebooking Oil Reserves... One field, six companies, six numbers...
The Motley Fool March 1, 2004 W.D. Crotty	The El Paso Shuffle When estimates of reserves get shuffled around, it's not a good thing. Should investors balk when energy companies adjust downward their estimates of proved reserves? If you ask the author, the answer is yes.
BusinessWeek February 28, 2005 Stanley Reed	The Oil Patch Is Getting Slippery "The days that people had gotten used to, where oil was inexpensive and easily available -- those days are gone," says one oil spokesman.
BusinessWeek February 28, 2005 Robert Barker	Stocks By The Barrel: Sizing Up The Oil Patch Most of the world's energy titans by now have reported blowout 2004 profits. But if crude supplies stay tight, will these be the best oil stocks to hold?
The Motley Fool May 14, 2007 Toby Shute	Foolish Fundamentals: Understanding BOE Integrated oil companies and independent exploration and production companies both essentially live and die by their reserve base. That's why investors want to keep an eye on reserves for companies in this space.
BusinessWeek November 22, 2004 Jason Bush	Oil: What's Russia Really Sitting On? As more Russian oil becomes recoverable, reserve estimates are skyrocketing. Recently revised estimates pushed its total proven oil reserves to 69.1 billion barrels, up from 45 billion bbl. in 2001. And that may just scratch the surface of its real potential.
The Motley Fool December 13, 2006 Will Frankenhoff	Royal Dutch Shell Not Looking Too Regal With the company's reserves running dry, investors might want to dip into a different well.
The Motley Fool August 24, 2004 Seth Jayson	Shell Shocked? SEC announces a settlement with Royal Dutch Petroleum and Shell Transport over inflated reserves. Long-suffering investors are wondering if this might finally clear the air.
The Motley Fool December 5, 2011 Amitabha Chakraborty	Shell Explores Antalya Shores Shell is looking for oil reserves off the coast of Turkey.
BusinessWeek May 10, 2004 Robert Barker	Keeping Hot Air Out Of Energy Reserves Humiliations in the Royal Dutch/Shell affair are many. Yet from the company's report on how it misstated oil and gas reserves, the most amazing lapse leaps out. The world's No.2 energy producer relied on a lone former employee to audit its annual estimate of reserves -- and he worked part-time.
BusinessWeek July 18, 2005 Stanley Reed	He's Brave Enough To Take Up Shell Shell CEO van der Veer is ending the clunky dual structure and speeding decisions.
The Motley Fool March 9, 2004 W.D. Crotty	Stone Cold Cash Oil and gas producer Stone Energy is gushing cash, too.
The Motley Fool February 17, 2010 David Lee Smith	The Biggest of Big Oil Is Getting Bigger Exxon manages to chalk up its best replacement year in the past decade.
BusinessWeek May 15, 2006 Stanley Reed	Why You Should Worry About Big Oil Beyond the fat profits, the oil giants are surprisingly vulnerable worldwide. That's bad news for business - and consumers.
BusinessWeek October 18, 2004 Robert Barker	An Oil Giant For Players With Patience Given the gravity of its transgression -- overstating its estimate of proven reserves by nearly 24% -- Royal Dutch/Shell can count on doing much more than the five months facing Martha Stewart. Meantime, the company is paying relatively rich dividends
The Motley Fool April 26, 2004 Brian Gorman	Libya, Ho! The U.S.'s relaxation of sanctions on Libya may be a boon to some oil concerns.
Geotimes July 2005 Hirsch et al.	Peaking of World Oil Production: Is the Wolf Near? We are finding less and less oil in spite of vigorous efforts, suggesting that nature may not have much more to provide. As such, many credible analysts have recently become much more pessimistic about the possibility of finding the huge new reserves needed to meet growing world demand.
The Motley Fool June 1, 2004 W.D. Crotty	Shelled and Bitten Again Shell Oil just keeps delivering the bad news.
The Motley Fool July 8, 2005 Rich Smith	Playing the Russian Shell Game It's win a ruble if you can find it for Royal Dutch/Shell in its latest gas deal. Investors, take note.
The Motley Fool January 13, 2006 Stephen D. Simpson	Where's the Love for Lukoil? Here you have a company with good production growth, excellent reserves, moderate debt, and what would seem to be a cheap valuation. But Lukoil shares are traded on the Pink Sheets, making them difficult to buy and follow for some investors.
The Motley Fool May 8, 2006 Stephen D. Simpson	Statoil and the State of Oil Yet another of the seemingly countless international energy investment opportunities posted results today, and it looks like Norway's Statoil is spending a lot to stay in the game.
BusinessWeek April 5, 2004 Stanley Reed	Aramco: Behind The Numbers Saudi Aramco says it has 260 billion barrels of proved reserves. Since there is no independent auditor to vouch for them, many analysts are suspicious.
The Motley Fool March 27, 2006 Robert Aronen	Shell Shocks the Oil Sands If oil prices continue at current levels or rise in the coming years, this bold purchase in the Grosmont formation will likely prove to be a pivotal moment in Shell's corporate history. Investors, take note.
The Motley Fool June 30, 2008 Rich Duprey	Adding Fuel to the Oil and Gas Boom A rule change by the SEC could mean better values on many oil and gas stocks.
CFO October 1, 2004	Oil Man Occidental Petroleum CFO Stephen Chazen has no control over the price of oil. But he does get to spend the windfall. And in this article he gets to discuss the reserve controversy, his hopes for Libya, and why higher oil prices "will bring out more supply."
The Motley Fool February 20, 2008 David Lee Smith	What'd You Find, Mr. Exxon? Even if you include the costly effects of Hugo Chavez's shenanigans, ExxonMobil had a very good 2007, weighing in for the December period with the largest pot of quarterly earnings ever presented by any company.
The Motley Fool February 15, 2007 David Lee Smith	ExxonMobil, World Traveler The oil giant is traversing the globe and finding new ways to meet energy demands. ExxonMobil deserves consideration from investors.
The Motley Fool February 6, 2007 Robert Aronen	Is Oil Too Profitable? ExxonMobil is the largest public company in one of the world's largest industries. If it has only an average year, it should set record profits. If you consider the issue only as an investor, record profits should excite you.
The Motley Fool January 13, 2004 W.D. Crotty	3 Values in Oil These three oil stocks appear to be relatively attractively valued.
Geotimes March 2003 Greg Peterson	New stature for Canadian oil sands Estimates of Canada's oil reserves jumped from 4.9 billion barrels to 180 billion this year, making the country the second-largest oil reserve in the world, according to an annual survey. This year the figure included Alberta's vast oil sands as part of Canada's oil reserves.
The Motley Fool February 8, 2010 Toby Shute	Reflections on the New Oil and Gas Reserve Rules These new SEC rules can obscure or reveal a great deal, depending on how a company handles the transition.
The Motley Fool August 8, 2007 David Lee Smith	Chevron's New China Syndrome It appears that the second-biggest U.S. oil company may be plying its trade in China. What does all this mean for smart investors?
The Motley Fool March 3, 2010 Toby Shute	A Natural Gas Company Leaving Investors in the Dark I've already chastised Goodrich Petroleum for hyping its Haynesville results. The company's not doing itself any favors by making such a poor disclosure.
The Motley Fool August 29, 2011 Zeeshan Siddique	Shell's Arrow Targets Bow Energy Firming up its footing in the liquefied natural gas business.
The Motley Fool September 15, 2011 Isac Simon	Shell's Hugely Exciting Future The most ambitious Big Oil company?
The Motley Fool February 19, 2010 David Lee Smith	Shelling Out Less to the Big Dogs Lower executive salaries and possible asset sales could overhaul Royal Dutch Shell.
BusinessWeek March 26, 2007 Stanley Reed	Going For A Gusher In Libya Italy's ENI is beating out giants like BP and ExxonMobil, partly because it never left.
BusinessWeek August 14, 2006 Christopher Palmeri	Striking It Rich In Africa Africa now accounts for 30% of ExxonMobil's output
Reason May 2006 Ronald Bailey	Peak Oil Panic Is the planet running out of gas? If it is, what should the Bush administration do about it?
The Motley Fool October 31, 2005 Stephen D. Simpson	Strong Prices, Strong Profits at Occidental Soaring oil prices lead to soaring profits for this oil and gas producer. Should energy prices continue to creep higher and new production come online as expected, the stock could still have some room left for investors.
The Motley Fool March 4, 2010 Toby Shute	Not All Oil and Gas Reserves Are Created Equal These companies' numbers look good now, but there are strings attached.
BusinessWeek June 21, 2004 Coy et al.	Why Isn't Big Oil Drilling More? One would expect oil companies to be pumping more oil from existing wells, drilling new wells in current fields, and boosting exploration budgets, yet despite the recent runup in prices, the oil industry is slow to pick up the pace.
BusinessWeek June 7, 2004 Anderson et. al	The Bright Side Of $40 A Barrel Just when you think commodity prices can't go higher, the market proves otherwise. The stubbornly high prices are finally encouraging companies to explore, develop, and produce more oil and natural gas.
BusinessWeek April 5, 2004 Stanley Reed	Oil Shortage? Saudi Arabia: There's plenty in the ground, but it won't be easy to get. The kingdom may need major new foreign investors. Will it dare open up?
The Motley Fool March 13, 2006 Robert Aronen	Stone Energy Still Sinking After a long drop, have Stone Energy shares hit bottom, and can they bounce back?