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Shell 'Defers Downstream IT Investment' - Report - News - CNBC.Com 30/10/2009 23:03 Shell 'defers downstream IT investment' - report - News - CNBC.com 30/10/2009 23:03 All CNBC | News | Video Symbol Symbol / Company Lookup Enter Keyword Welcome, Guest HOME NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV CNBC 360 Register Sign In U.S. ASIA-PACIFIC EUROPE ECONOMY ENERGY GREEN TECHNOLOGY BLOGS WIRES SLIDESHOWS SPECIAL REPORTS CORRECTIONS Shell 'defers downstream IT investment' - report By: AFX | 30 Oct 2009 | 05:30 AM ET Text Size LONDON, Oct 30 (Reuters) - Royal Dutch Shell Plc is to delay investments in information technology systems at its downstream oil refining and fuel marketing unit to cut costs, a Shell protestors' website said on Friday, citing a leaked internal email. The Royaldutchshellplc.com website said U.S., Brazil, Argentina and Chile units would be affected. No one at Shell was immediately available for comment. (Reporting by Tom Bergin; Editing by Greg Mahlich) Keywords: SHELL/ (Tel +44 207 542 1029, [email protected], Reuters Messaging [email protected]) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. MORE HEADLINES Markets | Economy | Companies Tools: Madoff Interview: It's 'Amazing' I Didn't Print Email Get Caught Sooner 0 Why Real Estate May Be Better Investment Than Stocks Citigroup Stock Tanks After Analyst Sees Big Writedown Forget Stocks: More Investors Are Piling Into ETFs CNBC HIGHLIGHTS » More: Blogs | Slideshows | Special Reports | Top Video CIT Pre-Packaged Bankrupty More Likely With Icahn Deal World's Biggest Oil Reserves Stimulus Jobs Report Looks at Hardest-Hit States GDP Growth in US Was Actually 'Horrible': Dr. Doom Slideshow: Biggest Executive Bonuses of Past Decade New Face of Tech Investing: Time to Adjust Your Portfolio Top Halloween $1.26 Billion Error Rebalancing Time Costumes A letter in the home office Winterize your portfolio. LATEST FROM OUR BLOGS More Here are the ten most gets misplaced, and soon a Commodities Currencies popular (children and adult). judge orders Pepsi to pay a Market Strategists' Tricks and Treats For Investors iPhone Costume fortune to two claimants. Fixed Income Real Investing In Wine Pumpkin Beer Estate S&P and Nasdaq Break 7 Months of Gains Sectors Technology Miramax's Battsek is Out: More Contraction in Specialty Films CNBC Special Reports Correction Will End in a Month: Market Pro Hirschhorn: Gaining Edge in a Post-Galleon World http://www.cnbc.com/id/33546625 Page 1 of 3 Shell 'defers downstream IT investment' - report - News - CNBC.com 30/10/2009 23:03 Hirschhorn: Gaining Edge in a Post-Galleon World Balloon Boy Flies Again — As Halloween Hit Harnessing the Web for Halloween Honeywell's Wellbeing Too Big to Fail or Too Big to Save? Fixing the System One Oil Stock Gets a 5-Year 'Buy' Rating: Energy Analyst McRap Sheet Avatar Hype Sugar Daddy Ken Four teens are facing The most anticipated movie One man in Palm Beach disorderly conduct charges of the year could be James hasn't lost his fortune in a MOST SHARED after they rapped their order Cameron's "Avatar," billed Ponzi scheme: Ken, of at McDonald's drive-thru. as the greatest 3D tech film Barbie and Ken fame. Consumer Nation ever produced. Barbie Turns 50 Quiz: Think You Understand Markets? Prove It Recovery On: GDP Jumps, Jobless Claims Move Lower Dow Jumps 2%, Its Best Day Since July Seven Deadly Sin Stocks on the Move Durable Goods Orders Rise in Line With Expectations Countries Overloaded With Debt No Comments have been posted. Sign of Recovery: Employers Are Resuming 401(k) Matches Roginsky: The Lieberman Opt-Out ADD COMMENTS Cramer’s Top 10 Natural Gas Stocks Please Sign In or Register to participate. Your Comments (Up to 1100 characters): FEATURED SLIDESHOWS More Please sign-in/optin or register to be able to submit comments. World's Biggest Oil Reserves Countries with the most oil within their borders are set for big profits as demand for crude continues to rise. Executive Bonuses of the Decade Executive compensation - particularly bonuses - has been the source of much fury both on Capitol Hill and on Main Street. Biggest Debtor Nations Remaining characters 1100 Due in part to the financial crisis, some nations and economies are in considerably worse debt positions than others. CNBC welcomes your contribution. Please respect our community and the integrity of its participants. CNBC reserves the right to moderate and approve your comment. SPECIAL REPORTS More The Carbon Challenge Find out how industry and government is dealing with carbon emissions and how some hope to make money out of it. Investor's Guide to Real Estate Some even say the long-awaited recovery is here. Regardless, buyers and sellers alike can profit from our guide. Alternative Investing Stocks and bonds? Sure. But it's a big world out there for investors. http://www.cnbc.com/id/33546625 Page 2 of 3 Shell 'defers downstream IT investment' - report - News - CNBC.com 30/10/2009 23:03 money market accounts See today's Money Markets from 100s of Banks. Plus news, calcs, tips. www.BankRate.com Trader Makes $4 Billion Wiz Kid Stock & Option Trader Makes $4 Billion Trading Stock Options! www.VirtualinvestingClub.com Today's Top Penny Stocks What are today's top 3 hot stocks? Top 3 hot stock picks gaining fast www.TheHotPennyStocks.com Microsoft Sharepoint® Access Information, Get Real-Time Updates & Collaborate. Learn More. Microsoft.com/SharePoint CNBC ON DIGG powered by digg Quiz: Think You Understand Markets? 4 Prove It Barbie's Sugar Daddy? - Funny Business 2 with Jane Wells London Fashion Week - Slideshows - 2 CNBC.com McPrank: Teens Get A Bad Rap at 1 McDonald's - Consumer Nati Biggest Executive Bonuses of the Past 1 Decade - Slideshows - CNBC NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV MORE U.S. News Pre-Markets News Picks & Pans Latest Video CNBC U.S. CNBC 360 Asia-Pacific News World Markets Calendar Personal Finance Top Video CNBC Asia-Pacific CNBC Mobile Website Europe News Stocks Surprises Portfolio (Beta) U.S. Video CNBC Europe RSS Economy Dow 30 Highlights Watchlist Asia-Pacific Video CNBC World Real-Time Quotes and Extended Energy Commodities Ideas Stock Screener Europe Video CNBC HD+ Hours Green Currencies Fund Screener CEO Interviews As Seen On... 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