Comment posted on The Scotsman article: “FTSE boosted by oil on troubled water”
BP and Shell have both made extravagant claims in multimillion dollar global advertising campaigns about their lofty business ethics and undying commitment to the environment.
The reality is rather different. Many of their own workers lives have been lost in recent years due to management giving a higher priority to production and profits than the safety of their workers (e.g. Shell Brent Bravo).
Both companies have also admitted (only after being cornered as a result of an investigation by The Sunday Times), using undercover agents against NGO’s campaigning against their activities.
Both have flouted laws and regulations by causing terrible pollution which has ruined the lives of people living near to their production facilities (e.g. Shell’s notorious track record in Nigeria).
For many decades Shell and BP traded as a single entity in the UK under the name of Shell-Mex & BP Limited. Perhaps some of the shared corporate culture lives on today.
The propaganda campaigns of both of these multinational giants have been exposed as nothing more than corporate trickery designed to deceive a gullible public.
Despite the gross incompetence (which has been revealed for the whole world to see) and blatant disregard of ethical norms, some senior management figures in these companies have been rewarded by titles and untold riches e.g. “Lord” Browne of BP and the now disgraced former Chairman of Royal Dutch Shell, “Sir” Philip Watts.
(Sir Philip reportedly received a severance package/pension worth $18.5 million after being blamed for the reserves scandal which ruined Shell’s reputation.)
Comment posted by John Donovan who operates one of the two websites (www.royaldutchshellplc.com) recently recommended by Fortune magazine for information about Royal Dutch Shell Plc. The other site being Shell.com.