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May 6th, 2009:

Shell To Shift Alaska Exploration Plans

After battling native communities and environmental groups on Alaska’s North Slope over its offshore drilling plans, Royal Dutch Shell said Wednesday that it was scaling back its exploration program in the Beaufort Sea.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell and Chesapeake Energy Blindsided By Pay Protests

Shell is suffering from an attempt to push through bonuses despite not reaching its own growth targets. Investors have reacted sharply, with members of a large group publicly criticizing the company.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell’s chief executive on the oil industry, the Arctic, Russia, CO2 controls and the company’s future

Mr van der Veer was interviewed in the FT last week, giving his thoughts on his five-year tenure at the top of Shell and the crisis in the oil industry caused by $50 crude. There is much more of that in the transcript (lightly edited) below. He expands on those issues, and talks about Shell’s plans in the Arctic and Australia, the problems of Russia’s oil industry, and the thinking behind the company’s cuts in investment in wind power.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Governance body Pirc urges ‘no’ vote on Shell pay

LONDON, May 6 (Reuters) - Corporate governance body Pirc on Wednesday urged investors in Royal Dutch Shell (RDSa.L) to vote against the oil major's pay plans at its forthcoming annual general meeting.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Faces Trial Over Nigerian Crimes Against Humanity Claims

May 6 (Bloomberg) -- A group of Nigerians suing Royal Dutch Shell Plc over government attacks and killings in their country will try to do the unprecedented -- persuade a U.S. jury to find a company liable for aiding in crimes against humanity.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Plans to Cut 400 Jobs in France, Les Echos Says

Bloomberg.com

By David Whitehouse

May 6 (Bloomberg) — Royal Dutch Shell Plc plans to sell 70 percent of its French service stations and will cut 400 French jobs, Les Echos reported, citing CFDT union official Jacques Beurion.

Last Updated: May 6, 2009 00:09 EDT 

Bloomberg Article

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

A word in your Shell-like about those bonuses

What were they thinking of? Have they been on another planet for the past few years? Have they not picked up the slightest hint of public and shareholder unease at “rewards for failure” and a culture of executive remuneration that seems to amount to “heads you win, tails you, er, also win”?

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell faces revolt by its key shareholders

This is the second year in a row that the remuneration committee has used its discretion to reward the executives for below-average returns to shareholders, which raises serious questions about whose interests they are looking after.”

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

How not to lose the race over pay and bonuses

The decision by Royal Dutch Shell’s remuneration committee to overrule its own pay policy for top executives – for the second year running – looks terrible. Like Xstrata, whose shareholders on Tuesday lodged a significant protest against the mining company’s remuneration package, Shell has put itself in the line of fire. Where did they go wrong? Simple: the committee exercised its discretion twice in two years to grant shares that executives did not, under a strict interpretation of Shell’s own rules, deserve, and it did so without going back to shareholders.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell CEO seeing economic stabilization

DALLAS (Reuters) - The chief executive officer of oil major Royal Dutch Shell (RDSa.L) said on Tuesday he is seeing small signs that the U.S. and European economies are leveling.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Criticism sparks Shell pay review

Royal Dutch Shell is reviewing the structure of its long-term executive incentive scheme in the wake of the furore over management compensation at the oil company.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Cravath to Defend Shell in Alien Tort Claim Trial

Shell and Cravath do have reason for hope. Last year a federal jury in San Francisco cleared Chevron in an Alien Tort Claims case that was also related to violence committed against protesters in Nigeria.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Oil-Services Providers Ponder How To Survive Energy Bust

Oil and gas companies, whose profits are pinched by low energy prices, are bent on reducing their service costs. "We have been very quietly renegotiating contracts," said Matthias Bischel, a senior vice president with Royal Dutch Shell PLC (RDSA).

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell to sell most French fuel stations – report

Thomson Reuters

05.05.09, 04:43 PM EDT

pic

PARIS, May 5 (Reuters) – Royal Dutch Shell Plc plans to sell 70 percent of its French fuel stations and cut by a third its 1,200 person work force in France, French newspaper Les Echos reported in its Wednesday edition.

The Anglo-Dutch oil major will divest 240 out of the 340 stations it owns in France, Les Echos said in an advance copy of its front page received by Reuters late on Tuesday.

Royal Dutch Shell ( RDSA – news people ), which sold its three refineries in France last year, was not immediately available for comment. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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