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Posts on ‘October 29th, 2008’

Shell appoints Peter Voser as next chief executive

DAILY TELEGRAPH Royal Dutch Shell shares jumped 12pc after it revealed that chief financial officer Peter Voser will take over as the company’s chief executive next July. By Jamie Dunkley  Last Updated: 6:51PM GMT 29 Oct 2008   Peter Voser, left, pictured with Jeroen van der Veer Photo: GETTY   Mr Voser, 50, will succeed Jeroen [...]

Shell Picks New CEO For Difficult Times

Voser was already one of the potential candidates back in 2007, when van der Veer announced his retirement, but there had been some hope that the head of North America, Linda Cook, would be announced as the company’s first female CEO.

Statement by Shell Media: Peter Voser to be next Chief Executive of Royal Dutch Shell plc

The Board of Royal Dutch Shell plc today announced that Peter Voser will succeed Jeroen van der Veer as Chief Executive, effective 1 July 2009. Voser (50) is Chief Financial Officer and a Director of the Board since October 2004.

Shell Says Peter Voser to Take Over as CEO in 2009 (Update1)

By Fred Pals and Eduard Gismatullin Oct. 29 (Bloomberg) — Royal Dutch Shell Plc, Europe’s largest oil company, said Chief Financial Officer Peter Voser will take over as chief executive officer from July next year. “I am delighted to announce Peter Voser as the next Chief Executive of Royal Dutch Shell,” Shell Chairman Jorma Ollila said today in a statement distributed [...]

Statement by Shell: Afam VI Gas Power Plant starts in Nigeria

The Okoloma Gas Plant started supply of gas on 11 October, and commissioning of the second turbine of the Afam VI Power Plant is planned for early November.

Rules of engagement

Transformational engagement is a difficult concept to see in practice and perhaps even to grasp. The example Bowen uses is the relationship between Royal Dutch/Shell plc and Living Earth Foundation, an environmental education and advocacy group based in the United Kingdom. Living Earth works on a unique portfolio of projects that have set new standards in education, environment, and community development

Oil’s Slide Threatens Future Supply

LONDON — The slump in oil prices has spread relief among consumers and fuel-reliant industries, but also is squeezing the companies who could invest in new sources of oil — spurring concerns that prices will prompt them to shelve investments.

Nexen chief to leave as rivals circle

Along with Total, Royal Dutch Shell, which is heavily invested in Canada’s oil sands, is also weighing its interest in Nexen, according to banking insiders and oil executives

BP to cut more jobs in addition to 5,000 already announced

BP plans to make more job cuts than the 5,000 it has already announced, the oil group?s chief executive said on Tuesday.

BP at centre of a huge row yesterday

In response to the barrage of criticism, BP said that over the past three years it had paid more than Ł5bn in tax in the UK and, if fuel, excise duty and VAT were added, the total rose to almost Ł21bn.

BP’s Texas City refinery to run at full tilt soon

BP was the second of the world?s largest publicly traded oil majors to unveil quarterly results. Last week ConocoPhillips announced a 41 percent increase in earnings. Exxon Mobil Corp. and Royal Dutch Shell are scheduled to release results Thursday, followed by Chevron on Friday.