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January 18th, 2010:

Shell under attack from shareholders

Interactive Investor

Fiona Bond 18.01.10

Oil heavyweight Shell (RDSB) has come under attack from a hoard of investors demanding greater clarification surrounding its investment in Canada’s controversial tar sands.

The Anglo-Dutch group has been called upon to include a special review of the risks associated with its Alberta oil sands operations in its upcoming May annual general meeting, after mounting pressure from a coalition of investors.

Up to 142 investors, including Co-Operative Asset Management and UNISON Staff Pension Scheme, have teamed up with responsible investment organisation FairPensions, to demand Shell addresses its concerns. 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.

Safety issue at Shell Stanlow refinery

FROM A SHELL STANLOW INSIDER

I write to make people aware of an incident which happened recently at Stanlow refinery. A hydrogen sulphide leak had developed and an operator, using BA equipment, went onto the unit to investigate. While he was on the unit the BA set developed a problem and he hastily made an exit from the unit. Following the incident the operator submitted a safety report highlighting the failure of the set.

Shortly after the event the operator received a phone call at home from one of my colleagues who tried to persuade him to change his statement about the incident, and to say that the BA set had failed during the pre-use checks. By saying this he was told that the HSE would not need to be involved! The person who contacted the operator was Stuart Warburton, manager of fire and security department. 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.

Shellfire over sands: Investors quiz oil giant

OilSandsTelegraph

Daily Telegraph 18 January 2010

A coalition of institutional and private shareholders are calling on Royal Dutch Shell to provide transparency on risks associated with its controversial Canadian oil sands project.

The protesting shareholders, who hold a combined £156m stake in the oil company, will make their case to Shell’s management at its annual general meeting on May 18.

Environmentalists, such as this demonstrator at a protest in Dublin, have raised concerns about the energy intensive extraction. 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.

Shell faces shareholder revolt over Canadian tar sands project

guardian.co.uk home

Royal Dutch Shell

• Investors call for review of oil production in Alberta
• Tar sands deliver less than 2.5% of total oil and gas production

Terry Macalister
The Guardian, Monday 18 January 2010

Royal Dutch Shell group’s dissident shareholders will press for a review of its tar sands project in Canada, at the oil firm’s annual meeting in May. Photograph: Jeff McIntosh/AP

Shell chief executive Peter Voser will be forced to defend the company’s controversial investment in Canada‘s tar sands at his first annual general meeting, after calls from shareholders that the project be put under further scrutiny.

A coalition of institutional investors has forced a resolution onto the agenda calling for the Anglo-Dutch group’s audit committee to undertake a special review of the risks attached to the carbon-heavy oil production at Athabasca in Alberta. 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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