In 2006, a Los Angeles Superior Court jury found Shell guilty of intentional fraud and concealment, awarding Mr. Atallah $1.65 million in compensatory damages. The jury also found that Shell had acted with “oppression, malice or fraud”, clearing the way for the jury to award punitive damages.
Posts on ‘March 12th, 2010’
Shell: Years of sliding production
This is Money City Diary: Week ahead in the markets Press Association 12 March 2010, 4:43pm Attempts by Royal Dutch Shell to address its production difficulties will be in the spotlight next week… Royal Dutch Shell chief executive Peter Voser faces a tough challenge on Tuesday when he presents the oil major’s strategy update to [...]
Shell May Raise Arrow Energy Offer, RBS Morgans Says
By James Paton March 12 (Bloomberg) — Royal Dutch Shell Plc and PetroChina Co. may need to increase their offer by as much as 55 Australian cents a share to A$3.7 billion ($3.4 billion) to acquire Arrow Energy Ltd., said an analyst at RBS Morgans. Shell and PetroChina may have to sweeten their offer for [...]
Shell’s Holliday
By Emiliya Mychasuk and Emiko Terazono Published: March 12 2010 02:00 A reshuffle on the Royal Dutch Shell board, which drew investor approbrium over pay last year, sees the hiring of former DuPont chief executive Chad Holliday Jr . The American is a co-author of Walking the Talk, putting a business case for corporate responsibility. [...]
Shell Sells Stake in Offshore Brazil Oil Block to Japans Inpex
By Peter Millard March 11 (Bloomberg) — Royal Dutch Shell Plc. confirmed that it sold part of its stake in an offshore Brazilian oil block to Japans Inpex Corp. Shell said in an e-mailed statement today that it sold 15 percent of the BM-ES-23 block. Petroleo Brasileiro SA, Brazils state-controlled oil producer, operates the block [...]


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