At Shell, investors are concerned that the remuneration committee has “moved the goalposts” and agreed awards even though the necessary performance targets have not been met. One, the Co-op, has said it will oppose the re-election of Lord Kerr of Kinlochard, who sits on the remuneration committee.
Posts from ‘May, 2009’
Oil Jumps 4.8% to $59.03; OPEC Cuts Unlikely
The army confirmed a pipeline supplying state-owned Nigerian Gas Co. had been blown up but with no impact on supply. Chevron Corp. over the weekend said its operations continued as normal. Royal Dutch Shell PLC reiterated Monday that it is investigating a report that one of its facilities was attacked.
Shell oil sands projects hit by fresh resistance
Royal Dutch Shell, Europe’s biggest oil company, will today face renewed opposition to its investments in Canada’s carbon-intense oil sands.
Uncertainty Clouds Outlook for Oil Sector
NEW YORK As its most prosperous decade screeches to a halt, the oil industry is confronting a far tougher and more hazardous future. The huge profits of the past years have mostly vanished, leaving companies to confront a difficult readjustment to a world of lower prices and uncertain demand.
Shell to face shareholder anger at annual meeting as Co-op criticises pay policies
The Times May 18, 2009 Royal Dutch Shell chief executive Jeroen van der Veer Miles Costello Shareholders in Royal Dutch Shell have increased the pressure on the Anglo-Dutch oil and gas group to reconsider its pay policy as a second institutional investor promised to vote against the directors’ remuneration report at tomorrow’s annual meeting. Co-operative [...]
Shell faces investor fury over pay, pollution and human rights
Annual meeting will face an outcry from shareholders and campaigners over boardroom bonuses and pollution record Terry Macalister guardian.co.uk, Sunday 17 May 2009 19.36 BST Women dry tapioca beside flames from Shell’s Utorogu flow station in Otu Jerenmi in Nigeria’s Niger Delta. Campaigners want gas flaring to stop. Photograph: George Esiri/Reuters Shell will come [...]
Kenda Capital: the independently owned manager of the Shell Technology Ventures Fund 1 B.V.
Kenda Capital is the independently owned manager of the Shell Technology Ventures Fund 1 B.V. (the Fund) and is based in The Netherlands.
Jordan, Shell reach agreement on exploring for oil from oil shale
SOUTHERN SHUNEH, Jordan (AP) Jordan and Royal Dutch Shell PLC signed a concessionary agreement Sunday to explore for oil in the country’s vast oil shale deposits. Jordanian Oil Minister Khaldoun Qteishat and Shell Vice Chairman Malcolm Brinded signed the deal on the sidelines of the World Economic Forum in Jordan.
Nigerian militants destroy 2 oil pipelines
LAGOS, Nigeria (AP) Nigeria’s main militant group said Sunday it destroyed two oil pipelines in the southern Niger Delta, the latest attack amid the worst outbreak of violence to hit the region in months.
Angry investors to question Shell over payout plans
Bosses at oil major Royal Dutch Shell are facing a challenging meeting with investors on Tuesday when recent pay awards are likely to come under scrutiny.
Greens are the biggest losers from this Corrib gas debacle
Shell has certainly handled the situation badly, but they have won. Our politicians have handled it ineptly, and have lost. But nothing quite equates with the self-inflicted damage of the Green Party on this issue.
Corporate Reputation: Royal Dutch Shell Plc
BOOK TITLE: CORPORATE REPUTATION (12 Steps to Safeguarding and Recovering Reputation) AUTHOR: DR LESLIE GAINES-ROSS (Chief Reputation Strategist, Weber Shandwick) Chapter: REPUTATION LOSS EXTRACTS FROM Pages 19 & 20 Although not all deserve labels such as reputation bandits and Robin Hoods, these groups all have the potential to undermine reputations and plant doubt in customers’ [...]
Co-op Asset Management rebels against Shell, Next fat cat bonuses
Daily Mail By RUPERT STEINER Last updated at 9:58 PM on 15th May 2009 Shell storm: Cooperative Asset Management says Shell ignored its own rules on payouts One of the City’s most influential institutional investors is leading a rebellion over fat cat bonuses at Royal Dutch Shell and Next. Co-operative Asset Management is so unhappy it [...]
Midwest Radio censors Rossport 5 advertisement
As part of the May 17th event, Mr Corduff will tell the story of his being beaten up in the Shell compound in Glengad and hospitalised while he was taking part in a peaceful protest last month. This is another worrying insight into the media which, with very rare exceptions, has also refused to report the beating up of Willie Corduff by sinister forces in the Shell compound in Glengad said Afri Chairperson, Andy Storey.
Plan tracks investments in Iran-linked oil firms
EXTRACTS: (1) “Iran remains an active state sponsor of terrorism, with the Islamic Revolutionary Guard and Ministry of Intelligence and Security directly involved in the planning of various terrorist acts,” Buckley said.
(2) She used the example of the Royal Dutch Shell Group, which operates Shell in the United States. “It is considered a global company, with over 100,000 employees in a number of countries. Less than one percent of those employees are in Iran,” Bilyeu said. “By comparison, Royal Dutch Shell employs 23,000 people in the United States.” Bilyeu said after the hearing that it would cost the PERS retirement system $21 million to divest from such companies.


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