After much dipping of toes in water, Royal Dutch Shell has finally taken the pensions pooling plunge. Following the examples of Unilever and Nestlé, the oil company will pool all its global pension and insurance assets in order to outsource administrative and other functions to JPMorgan.
Posts on ‘July 20th, 2008’
Don evolved Shell’s legendary ‘Make Money’ promo back in 1984 (still the benchmark by which the success of forecourt promotions is measured) and the relationship between the two companies – now sadly soured – spans thirteen years.
Don then formed a Shell Corporate Conscience Pressure Group and mailed Shell dealers and institutional shareholders accusing the oil giant of a cover-up involving a “flawed promotion”.
Shell’s retail advertising and services manager Mike Beach: ‘We could not find anything better, and we finally accepted the argument Don Marketing had originally put to us in its favour as much as two-and-a-half years ago.’
On Tuesday, First Nations drumming and chants of “Get the Shell Out” echoed throughout Terrace, as over 250 people took to the streets in a rally protesting Shell’s coalbed methane project.
Self-cast in the role of David to Shell’s Goliath, Donovan has successfully pursued earlier legal actions against Shell for infringement of his intellectual property; he also won an interim hearing against the oil giant for alleged libel.
Threatened with beheading and harried by pirates who robbed them, people fleeing the Niger Delta’s Bonny Island this weekend struggled to reach Port Harcourt, the regional capital, as the conflict worsened between armed groups and Nigeria’s armed forces.
BG Group’s hostile and increasingly nasty bid for Origin, coupled with Shell’s deal with Arrow, has demonstrated the value of new and unconventional sources of gas as well as the profits to be made from moving said gas from low-cost countries to high-value markets.
“This is BP playing hardball and hitting the Russians where it hurts.”
After the destruction of Yukos and marginalisation of Royal Dutch Shell at the Sakhalin gas field, TNK is next on the list.