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Posts on ‘June 21st, 2007’

The Herald (Scotland): Shell Sakhalin executive resigns after email leaked

EXTRACT: Greer may now have time to reflect on his observation in the email that: “Success is how we bounce when we are on the bottom.” MARK WILLIAMSON June 22 2007 The Shell executive who told staff on a controversial project in Siberia to follow him or get out of his way has decided to [...]

CNNMoney.com: ExxonMobil CEO: Russia Continues To Honor Sakhalin-1 Terms

June 21, 2007: 03:37 PM EST LONDON -(Dow Jones)- Exxon Mobil Corp. (XOM) said Thursday it expects the Russian government to continue to honor a contract on the development of hydrocarbons reserves off Russia’s Pacific coast. Rival Royal Dutch Shell PLC (RDSB.LN) earlier this year ceded a stake in a similar project off Sakhalin Island [...]

Financial Times: Memo writer in the Shell annals

By Emiliya (edited by) Mychasuk Published: June 22 2007 03:00 | Last updated: June 22 2007 03:00 David Greer might be feeling slightly less motivational after resigning as the deputy chief executive of Sakhalin Energy Investment Company to “pursue other business opportunities”. An e-mail from Mr Greer to his staff urging them to “lead me, [...]

Financial Times: ‘Patton’ e-mail man resigns SEIC post

By Ed Crooks Published: June 21 2007 03:00 | Last updated: June 21 2007 03:00 FRONT PAGE – FIRST SECTION: ‘Patton’ e-mail man resigns SEIC post David Greer, the deputy chief executive of Sakhalin Energy Investment Company, has resigned to “pursue other business opportunities.” A motivational e-mail from Mr Greer urging staff to “lead me, [...]

Huliq Breaking News: Royal Dutch Shell Executive resigns in motivational memo scandal

David Greer, Project Director and Deputy Chief Executive of Sakhalin Energy responsible for the $22 billion Sakhalin-2 project owned by the Russian energy giant Gazprom, has resigned after being exposed as a plagiarist after circulating a motivational memo. Greer, a Royal Dutch Shell Executive, was on assignment to the project. In April 2007, David Greer, [...]

The Moscow Times: Sakhalin Energy’s Greer Steps Down

AP: David Greer Friday, June 22, 2007. Issue 3683. Page 5. By Max Delany Staff Writer David Greer, the Sakhalin Energy deputy CEO running the giant Sakhalin-2 oil and gas project, has left the company unexpectedly just weeks after a leaked e-mail he wrote revealed the pressure that managers working there were facing. Greer’s departure [...]

Xtra West: Big oil, gay touch, messy end

FROTHING WITH SALACIOUS DELIGHT. Much of the media coverage gleefully revealed details of Lord Browne’s (above) relationship with former escort Jeff Chevalier. (Xtra West files)   EXTRACT: It has been rumoured that Browne hoped to have one final business coup. A takeover of another oil giant, Shell, to leap over Exxon-Mobil and become the undisputed giant [...]

Reuters: Shell Sakhalin boss quits after email leaked

Thu Jun 21, 2007 4:29 PM BST MOSCOW, June 21 (Reuters) – An executive from Royal Dutch Shell (RDSa.L: Quote, Profile , Research) has resigned two weeks after a motivational email he wrote to staff on the Sakhalin-2 project in Russia was leaked to newspapers, a company spokesman said on Thursday. “This is true,” a [...]

Dominican Today: Shell backs a probe, rejects Dominican Government’s “slander”

21 June 2007    SANTO DOMINGO.- The top executive of the firm Shell in the country said today Thursday his presence in the Dominican Accounts Chamber seeks to cooperate with the investigation ordered by the Justice Ministry, after the Government waged a “slander” campaign agaisnt the multinational last week, by alleging it “altered” fuel imported [...]

AFX News Limited: Nigerian unions vow to continue general strike

Forbes 06.21.07, 9:57 AM ET   LAGOS (Thomson Financial) – Nigerian union leaders have vowed to press ahead with their general strike, launched yesterday, until the government of incoming President Umaru Yar’Adua reverses a decision to hike petrol prices by 15 pct. ‘We are pressing forward with the strike’, Owei Lakemfa, spokesman for the umbrella [...]

Bloomberg: Nigeria’s Striking Oil Workers Leave Export Terminals (Update2)

By Julie Ziegler June 21 (Bloomberg) — Nigerian oil workers left the country’s export terminals as a nationwide general strike began its second day, intensifying the protest against an increase in domestic fuel prices. “What we did is halt exports,” said Lumumba Okugbawa, the deputy general secretary of the Petroleum & Natural Gas Senior Staff [...]

Bloomberg: EDF’s Market Value Tops Total’s on Nuclear Outlook (Update2)

By Tom Cahill June 21 (Bloomberg) — Electricite de France SA overtook Total SA as the euro-region’s biggest company by market value after analysts raised their stock-price targets on prospects nuclear power generation will keep growing. Shares of EDF, whose 58 nuclear plants generate almost half of Europe’s nuclear power, rose as much as 5.80 [...]

Accountancy Age: Firms initiate tentative liability cap negotiations

Penny Sukhraj, Accountancy Age, 21 Jun 2007 Informal arrangements being made to ensure arrangements are in place before the caps comes into effect in October 2008 Firms have begun liability cap negotiations with their clients – in some cases amounting to about ten times the audit fee. The moves come on the back of legislation [...]

ShellNews.net: David Greer, Deputy CEO of Sakhalin Energy resigns in disgrace

By John Donovan 21 June 2007 Postings were made on our Live Chat facility this morning claiming that Sakhalin Energy Project Director and Deputy Chairman, David Greer, has resigned. This follows the motivational memo sent by Greer subsequently found to contain passages borrowed liberally from a speech made by General George S. Patton on the [...]

bbj.hu: European Union energy companies court Moscow

21 Jun 2007 Their ties with Kremlin-backed Gazprom are vexing EU efforts to create an energy security policy that would lessen dependence on Russia. Burckhard Bergmann, chairman of the board at German energy supplier E.ON Ruhrgas, holds another title not likely to appear on his business card: Russia’s honorary consul in the state of North [...]