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Posts from ‘March, 2011’

Oil platform must be halted to save critically endangered whale

Posted on 31 March 2011

The Russian government must oppose the development of a proposed oil and gas platform off Russia’s Sakhalin Island because the project has not been subject to appropriate environmental risk assessments, according to an international coalition of leading NGOs.

The coalition, which includes WWF, International Fund for Animal Welfare, Pacific Environment and Sakhalin Environment Watch, will submit a Statement of Concern to the Russian Inter-departmental Working Group on the Conservation of Western Gray Whales, a group of oil industry representatives and Russian government officials meeting Friday to discuss off-shore oil exploration near the feeding grounds of the critically endangered Western gray whale.

“The project may have a potentially devastating impact on the critically endangered Western gray whales,” the statement says. “Sakhalin Energy has a legal, social and ethical responsibility to ensure the project does not have unacceptable levels of damage to the marine environment, and the fragile species that live within it.”

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Lifting the corporate veil

April 2011

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The oil industry is worried that new US corporate-transparency legislation will undermine the EITI and its strategy of good governance, Anthea Pitt reports from Paris

AS THE Extractive Industries Transparency Initiative (EITI) nears its 10th anniversary, the mechanism is unwittingly at the centre of a war of words over how best to ensure financial transparency in the resources sector. The dispute centres on new legislation in the US, which demands more transparency from companies than even the EITI requires – and oil companies don’t like it.

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Shell Obtains Permit to Drill in Deep-Water Gulf


HOUSTON—U.S. regulators have granted approval for Royal Dutch Shell PLC to drill a new well in the deep-water Gulf of Mexico as part of the oil company’s recently approved exploration plan for the area.

This marks the first time since last year’s Deepwater Horizon rig explosion that the government has approved plans to drill new oil-and-gas resources. Previously, regulators had approved only wells that were being drilled at the time the administration’s moratorium went into effect.

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‘YOU CAN BE SURE OF SHELL’: The biggest confidence trick in history

By John Donovan

Many people fondly remember the advertising slogan…

“You can be Sure of Shell”

The legendary crooner, Bing Crosby, sung the praises of Shell in the 1950’s.



Our research indicates that the slogan


was first used in Great Britain by Shell in 1937 (right) months after the forced resignation of Sir Henri Deterding, the man most responsible for the creation and global success of the Royal Dutch Shell Group.

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BP executives may face jail for manslaughter over Gulf disaster

The Independent

Tony Hayward faced a barrage of criticism when US politicians claimed that he stonewalled their questions last year

By David Usborne in New York Wednesday, 30 March 2011

Managers of BP could face manslaughter charges when prosecutors in the United States finally conclude their criminal investigation into the Deepwater Horizon explosion in the Gulf of Mexico last April that killed 11 rig workers and triggered the worst oil spill in US history.

The mere possibility that these and other charges may now be on the table at the US Justice Department, first reported last night by Bloomberg News, put new pressure on the shares of the energy giant.

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Don’t trust Shell

March 30, 2011

By Andreas Späth

Shell wants us to believe that in exploring for and extracting natural gas from underground layers of shale in the Karoo using the polluting and extremely water-intensive technique of hydraulic fracturing or fracking, they have all of our best interests as well as those of the environment at heart.

They must also think us the most gullible halfwits this side of the Niger Delta.

In a recent full-page newspaper ad, the multi-billion dollar oil giant’s Bonang Mohale writes passionately about his company’s “commitments to the Karoo”, promising not to despoil and pollute it in the way fracking has been documented to mess up formerly pristine landscapes and water sources  elsewhere. He describes natural gas as a “more environmentally friendly” option and a “cleaner energy source” and twice refers to its role in building a “sustainable energy future”.

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Royal Dutch Shell Sells Refinery, Other Assets To Essar For $1.3B

MARCH 29, 2011

LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSA.LN) Tuesday announced it has signed a sales and purchase agreement for its 270,000 barrel-per-day Stanlow refinery in the U.K. and certain associated local marketing businesses with Essar Oil Ltd. for $1.3 billion.


-The proposed sale covers oil products, chemicals manufacturing and access rights to certain distribution terminal assets, plus the commercial fuels bulk fuels and local marine fuels businesses associated with the refinery.

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Enron was populated by a host of former Shell USA managers


Saw your article on Enron and Shell.

FYI Enron was populated by a host of former Shell USA managers who were let go by Shell in the early 1990’s as part of Shell USA’s reorganization and downsizing program (Shell USA had finally managed to manage the company into a serious financial problem with a host of bad decisions).

So, it comes as no surprise to anyone familiar with the two organizations that RD Shell had it own financial scandal a few years later. The reserves scandal at Shell was a long time in coming but the ‘problem’ was known about internally for many, many years. Shell USA knew it had a credibility issue with its reserve bookings in the mid-1980’s.

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Oil firms showcase giving ahead of Nigeria poll, but many blame them for environmental damage

  • JON GAMBRELL  Associated Press
  • First Posted: March 27, 2011 – 10:49 am

PORT HARCOURT, Nigeria — Posters show smiling students posing after receiving university scholarships. New roads appear on formerly potholed mud tracts. Millions of dollars are promised to improve the lives of the desperate poor.

These campaigns by oil company Royal Dutch Shell PLC and other foreign firms make it seem they are running for office in crude-rich Nigeria, which will hold crucial presidential, federal and local elections in the coming weeks. The multinational firms have spent hundred of millions of dollars toward projects they advertise as improving the life of those living in the country’s troubled Niger Delta.

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Shell muscles in on BP’s Russian deal

By Tom McGhie and Will Stewart
26 March 2011, 7:03pm

BP is under intense pressure to settle the dispute with the four oligarch shareholders in its Russian joint venture that threatens the company’s future, after it emerged that rival Shell was holding talks with Kremlin-owned oil giant Rosneft about Arctic exploration.

Rosneft’s powerful chairman and Russia’s Deputy Prime Minister, Igor Sechin, said the company preferred to do a deal with BP, but that whatever happened its policy of exploiting Arctic oil and gas reserves would go ahead.

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Hogan grants Shell foreshore licence

The Irish Times – Saturday, March 26, 2011

LORNA SIGGINS, Marine Correspondent

ONE OF the last outstanding consent applications for the Corrib gas project was completed yesterday when Minister for the Environment Phil Hogan granted a foreshore licence to Shell EP Ireland.

The foreshore licence, which is subject to conditions, allows the lead developer to construct the final 8km section of pipeline linking the gas field to the terminal built inland at Ballinaboy.

An Taisce, which has sought a judicial review of the recent An Bord Pleanála decision to approve the pipeline route through a special area of conservation, said it was “unhappy” that Mr Hogan had made his decision while legal proceedings were still in train.

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Hypocrisy of Shell CEO Peter Voser on BP Gulf of Mexico disaster

By John Donovan

In October, the Daily Mail reported a “blistering attack on beleaguered rival BP over the devastating Gulf of Mexico oil spill.”


Peter Voser said his company would never have made the mistakes that led to the death of 11 workers on the Deepwater Horizon rig and the biggest environmental disaster in US history.

‘Shell clearly would have drilled this well in a different way and would have had more options to prevent the accident from happening,’ he said.”

We now know that this was hogwash.

Tom Feilden, the science correspondent on the BBC Radio 4 “Today” programme, reported in December 2010 “A near miss for the North Sea oil Industry“.

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Shell is very different from Enron

Shell is very different from Enron. We were criticized for that some time ago and I’m glad we have a absolutely rock-solid way we do business. And, if you read our annual report, you read our footnotes and all the details, everything is in there. It’s all completely transparent, as far as Shell is concerned.

Sir Phillip Watts, Group Chairman, Royal Dutch Shell Group

By John Donovan

During a Bloomberg interview in 2002, with the then Group Chairman of Royal Dutch Shell, Sir Phillip Watts, reference was made to the core Royal Dutch Shell business principle of complete transparency.

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Ireland grants license to controversial Shell pipe

DUBLIN | Fri Mar 25, 2011 10:34am EDT

(Reuters) – Ireland on Friday granted oil major Royal Dutch Shell a license to complete a controversial pipeline to an offshore field it says can provide up to 60 percent of Irish gas needs.

The pipeline will link the north-west coast of Ireland to the Corrib gas field, which is estimated to contain 1 trillion cubic feet of gas.

The environment ministry said in a statement that it had granted a pipeline foreshore license, the last government permission needed for work to begin on the project, which has been beset by protests and delays since its discovery in 1996.

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Shell: Looking At Opportunities In Russia With Rosneft

MARCH 25, 2011


LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSA) said Friday it is examining strategic opportunities in Russia, including some with state-run Russian oil company OAO Rosneft (ROSN.RS), but it declined to comment on a report that it had offered to work with Rosneft in the Arctic shelf in the last three months.

The story, in Friday’s Vedomosti, comes in the wake of an arbitration ruling late Thursday that blocks rival BP PLC’s (BP) own Arctic exploration deal with Rosneft.

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The Military Beast – Royal Dutch Shell


Device’s Design Flaw Let Oil Spill Freely

MARCH 24, 2011

Government-Funded Study Finds Blowout Preventer Couldn’t Handle Worst-Case Scenario in Gulf; BP Gets a Small Boost


BP PLC came within 1.4 inches or less of preventing the worst offshore oil spill in U.S. history, say engineers studying the safety device that failed in last year’s Gulf of Mexico disaster.

The device, known as a blowout preventer, was a massive set of valves that sat on the sea floor nearly a mile beneath the Deepwater Horizon drilling rig, which floated on the surface. It was equipped with powerful shears designed to cut through pipe and seal off the well in an emergency. Why the device failed has been one of the central mysteries of last year’s disaster.

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A near miss for Shell in the North Sea

By John Donovan

Remember the current Shell CEO Fat Cat super critical of BP, claiming the Gulf of Mexico disaster couldn’t happen to Shell with their Utopian well and Utopian standards? It seems it almost did, with an uncanny similarity between events in the North Sea and in the Gulf, the difference being the former ended quietly.

The incident occurred on 23rd December 2009.

A near miss for the North Sea oil industry

Tom Feilden | 09:21 UK time, Tuesday, 7 December 2010

An internal safety review passed to the Today programme shows that Transocean – the company operating BP’s Deepwater Horizon oil rig in the Gulf of Mexico – narrowly avoided a similar accident in the North Sea, four months earlier.

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Court case involving allegations of racism settled by Shell

The Defendant has gone on wild rampage with Alfred Donovan to consider any wrongdoing done by any Shell company around the world. He then extrapolates from the particular – individual instances of impropriety anywhere in the world – and reaches a general conclusion that the 8 Plaintiffs have been dishonest, engage in criminal conspiracy and criminal conduct generally.

Comment by Shell General Counsel Thavakumar Kandiah Pillai about reserves whistleblower, Dr John Huong, a production geologist

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Shell Corrib Gas Scandal Continues

TDs unite outside Dáil to back Shell to Sea campaign

Tuesday, March 22, 2011 – 04:22 PM

Twenty-two TDs gathered at the gates of Leinster House in Dublin today to call on the Government to overturn consents granted by former Minister Pat Carey to Shell E&P Ireland on the day of the recent General Election.

Speaking at the press conference, Dublin Shell to Sea spokesperson Caoimhe Kerins criticised Mr Carey’s decision, saying: “These consents were issued in a highly dubious manner on the day of the recent general Election.

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Transparency: the only way to do business with despots

The current opacity on how money changes hands has cooked up predictable outcomes. According to Nigeria’s corruption agency, as much as $400-billion (U.S.) in oil cash has been stolen or wasted during the past 50 years…


From Tuesday’s Globe and Mail Published Tuesday, Mar. 22, 2011 2:00AM EDT

The simultaneously shifting sands under the feet of North African despots and resource companies listed on the New York Stock Exchange provide an extraordinary opportunity for Canada to become the gold standard for corporate transparency.

Canada punches way above its relative lightweight status in the global economy (2 per cent of global GDP) because more than two-thirds of the world’s mining companies are listed on our stock exchange. Since acquired by Suncor, Petro-Canada’s $1-billion signing bonus to the Gadhafi regime is only the tip of the iceberg. From Burma to Madagascar, there are more than 25 despotic states where Canadian-listed companies are the No. 1 foreign investor.

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Shell Says Japan Nuclear Accident to Support Long-Term Global Gas Demand

Royal Dutch Shell Plc (RDSA), Europe’s largest oil company, said Japan’s nuclear accident will support world natural gas demand in the longer term.

Shell deep-water Gulf plan wins OK, but challenge is likely

...the decision faces an almost-certain legal challenge from conservationists who say the government's review was weak and that it is acting prematurely by not waiting until it completes a lengthy post-spill environmental study of the Gulf of Mexico that could take until next year.

Shell wins approval to drill new Gulf of Mexico deepwater wells

Royal Dutch Shell has won approval to drill the first new deepwater oil wells in the Gulf of Mexico almost a year after a spill by rival BP halted the industry’s expansion.

An offshore crude oil rig platform (left) sits peacefully in the Gulf of Mexico, USA. By contrast, the Deepwater Horizon oil rig, is seen burning after an explosion last April.

Richard Blackden

By Richard Blackden, US Business Editor 11:38PM GMT 21 Mar 2011

US authorities have given the green light to the Anglo-Dutch company’s plan to drill three wells to a depth of about 2,950 feet in a field 130 miles off the coast of Louisana.

Shell will still be required to apply for specific permits for each well it drills.

The award is significant because the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) has so far only handed out a small number of deepwater permits to resume work on wells on which work had started before last April’s explosion at BP’s Macondo well.

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Shell sees Athabasca expansion complete in Q2

Reuters Africa

CALGARY, Alberta, March 21 (Reuters) – Royal Dutch Shell Plc’s (RDSa.L: Quote) 100,000 barrel per day expansion of its Athabasca Oil Sands Project in northern Alberta will be fully ramped up in the second quarter, the head of the company’s Canadian unit said on Monday.

Lorraine Mitchelmore, president of Shell Canada, said the expansion will boost output at the mining and upgrading project to 255,000 bpd when complete.

“In Q2 we’ll be up and running at 255,000 barrels per day,” Mitchelmore told Reuters.

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Shell drills 17 wells in China, eyes big spend -CEO

Reuters Africa

BEIJING, March 20 (Reuters) – Royal Dutch Shell (RDSa.L: Quote) is drilling 17 wells in China, including for tight gas and shale gas, Chief Executive Peter Voser told Reuters on Sunday.

If the drilling is successful, Shell aims to spend $1 billion a year over the next five years on shale gas in China, he said on the sidelines of a forum, adding that it was already spending $400 million on unconventional gas in China this year.

(Reporting by Chen Aizhu)

� Thomson Reuters 2011 All rights reserved

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Interior Department OKs first new deepwater oil and gas exploration plan since disaster

Published: Monday, March 21, 2011, 2:02 PM

Jonathan Tilove, The Times-Picayune By Jonathan Tilove, The Times-Picayune

WASHINGTON — Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management, Regulation and Enforcement Director Michael Bromwich announced Monday that, for the first time since the Deepwater Horizon disaster, the bureau has approved a deepwater oil and gas exploration plan, submitted by Shell Offshore Inc., following the completion of a site-specific environmental assessment.

As explained by Salazar and Bromwich, an exploration plan describes all exploration activities planned by the operator for a specific lease or leases, including the timing of these activities, information concerning drilling vessels, the location of each planned well, and other relevant information that needs to meet important safety standards. Once a plan is approved, additional new applications for permits to drill can be issued.

According to BOEMRE, Shell’s plan supplements its original exploration plan for the same lease in the company’s Auger field, which was approved in 1985. This plan would allow for the Shell to seek permits to drill three exploratory wells in about 2,950 water depth, 130 miles off the coast of Louisiana.

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Karoo residents to block shale-gas bid


A group of Karoo residents and farmers intend to oppose Shell South Africa’s bid to explore for shale gas in the Karoo, Beeld reported on Monday.

Derek Light, a lawyer representing about 200 people against gas exploration in the Karoo, on Saturday told a public meeting that the process Shell and its consultants, Golder Associates, had been following was unlawful.

He was speaking at a public gathering in Middelburg, in the Eastern Cape, called by Shell to discuss its proposed environmental management plan for exploration of 95 000 square kilometres in the Karoo.

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RDS Energy Lecture Series – Securing Our Energy Future – the Role Of Corrib Gas

Get this to key people around Ireland to participate in this on 24th March – people should attend, disrupting the whole evening with appropriate questions and comments, making it most uncomfortable for Mr Nolan so that it becomes a  time wasting exercise for the enemy, the Bankster Shell  – and also protest outside!

Above message received from Shell to Sea Campaigner

Date: Thursday March 24, 2011

Venue: Minerva Suite

Opening Hours:

The next lecture in the RDS Energy Lecture Series continues with a presentation by Mr Terry Nolan, Managing Director, Shell Ireland. Currently, Ireland is at the end of a very long pipeline, importing 96% of its gas supplies from Europe. In the event of political instability or an interruption of Russian gas supplies to Europe gas supplies to Ireland may be severely affected. The importance of securing Ireland’s energy supply has come into stark focus.

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Some idiot, perhaps a hacker, has inserted a swastika on the Shell logo

20 March 2011 19:05:44 GMT


Some idiot, perhaps a “hacker”,  has inserted a swastika on the Shell logo in pictures at the top of the page in several  locations on your site.

I write on the chance that I am the first to notice.


Name and address supplied

Japan nuclear crisis could boost gas -Shell CEO

Reuters Africa

Sunday March 20, 2011

BEIJING, March 20 (Reuters) – A rethink about nuclear energy after Japan’s earthquake could boost demand for natural gas, the head of Royal Dutch Shell said on Sunday.

This would play to Shell’s strength because it produces more gas than oil, Chief Executive Peter Voser told Reuters.

But he cautioned that it would take time to draw firm conclusions about the impact of Japan’s nuclear crisis on global energy markets.

“We need to see how the nuclear policies of various governments and countries will evolve and the lessons that need to be taken into account from Japan,” he said. “There will be higher demand for gas in the medium term and longer term.”

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Shell censorship of free speech on the Internet

“I also have doubts about the wisdom of allying yourself so closely and obviously to the Donovans, who seem to have raised Shell-baiting to such a level of vituperation (cleverly mixed with plenty of apparent balance and reasonableness) that it is difficult to see how either side can compromise without losing an unacceptable amount of face (Shell) or a rich and ongoing stream of damages (the Donovans).”



Posted By Dr. John Huong (right) nickname: “none”: Subject:  Wakey Wakey on Freedom of Expression under the Universal Declaration of Human Rights 1948 (United Nations): 01/10/2005 14:53:23

Wow, I’ve just read the posting below about the 2005 Accountability Rating – the article by Alfred Donovan- the owner of the worlds self proclaimed ultimate gripe site, I am baffled why Shell allows him to comprehensively tear Shell management to pieces on countless postings all over the Internet, including Shell’s own website – while I am not allowed the freedom to make criticism of Shell, my former employer of 29 years.

There has not been a peep from the Shell webmaster on this or any other issue for some time as fellow contributors have noticed. We seem to be on our own here guys!

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Shell poised to sell Stanlow oil refinery to Indians in £700m deal

By Tom Mcghie
Last updated at 10:15 PM on 19th March 2011

Attractive prospects: Stanlow oil refinery in Cheshire has huge storage depots

Shell is to sell its Stanlow oil refinery, the second-biggest in Britain, to fledgling Indian energy giant Essar Energy in a deal worth more than £700 million.

The refinery on the 1,900-acre site in Ellesmere Port, Cheshire, will be sold for £217 million while the oil and petrol in the refinery will be sold off separately for nearly £500 million.

When the deal is completed all 960 workers will be retained and, in an unusual concession by an employer, will be able to keep their generous and increasingly rare final salary pension scheme.

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After 100 years, Shell emerges as an oil and gas leader in Canada

Just four years after the merger of Royal Dutch and the Shell Transport and Trading Company, Shell Canada was incorporated in Montreal in 1911 with startup capital of $50,000 and six employees.

Shell leads energy charge

When the company that was to become Shell Canada Ltd. was established in Montreal 100 years ago, on March 21, 1911, the potential for the country's energy industry was in its infancy, with few aware of the vast resources Canada had locked away.

Shell: Working To Bring Additional Supplies Of LNG Into Japan

LONDON (Dow Jones)–U.K. energy giant Royal Dutch Shell PLC (RDSA) said Friday it is working to bring increased supplies of liquefied natural gas to help meet the expected rise in Japanese demand, as the world’s third-largest economy scrambles to cover its power requirements following the shutdown of nuclear plants across the country.

Shell said two shipments of LNG from Brunei have unloaded in Tokyo in the last 24 hours, with further cargoes from other locations to follow in the coming days.

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Shell wants federal order to move quickly on Arctic oil drilling

Patti Epler | Mar 17, 2011

Shell Oil Co. wants a federal judge to speed up the government’s process for dealing with oil exploration in the Chukchi Sea.

The oil company on Thursday filed a motion in the ongoing court battle over Lease Sale 193. The company is protesting a schedule set out in an earlier filing by the federal Interior Department that stretches out the government’s plans to make a decision on Chukchi Sea oil drilling until late October.

Shell has already said that long of a delay would jeopardize its plans to explore for oil in the area in 2012. Now, according to the new court filing, the company wants the court to order the government to be done with a new environmental impact statement by July.

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Investigation arising from Shell Brent Bravo Explosion

By John Donovan

Criminal Investigation arising from Shell Brent Bravo Explosion

On 17 March 2011, I sent an email to Mrs Anne Currie (right), the Area Procurator Fiscal for Grampion in Scotland.

Its purpose was to find out why the accused company Shell, not the Procurator Fiscal, notified former Shell International Group HSE Auditor, Mr Bill Campbell, of the outcome of the investigation.

This seemed odd to say the least, bearing in mind that it was his complaint to Grampion Police, which sparked the corruption investigation allegedly involving Shell and HSE officials.

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Correspondence with Shell: outcome of corruption investigation

By John Donovan

We have published below our recent correspondence with senior officials of Royal Dutch Shell on allegations of corruption involving Shell and the Health and Safety Executive. The allegations arose from the aftermath of the deadly Brent Bravo explosion, which itself resulted from Shell’s notorious “Touch F*** All safety culture on North Sea Rigs.


From: John Donovan [mailto:[email protected]]
Sent: donderdag 10 maart 2011 11:31
To: Brandjes, Michiel CM RDS-LSC
Cc: [email protected]; Voser, Peter SI-GLOBAL; Ollila, Jorma RDS-RDS/CH; Brinded, Malcolm A RDS-ECMB
Subject: Letter from Bill Campbell to UK and Scottish MP’s – March 2011

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Letter to Lord Browne from Shell Brent Bravo whistleblower Bill Campbell

“It is my intention, when I update Trade Union officials et al, to inform them that I made you aware of this matter and I would expect Geoffrey, if he has any of that difficult to obtain substance in our modern world, called honour, to apologise for the fact that your were duped and misled.”

Bill Campbell referring to Geoffrey Podger (right), Chief Executive of the Health & Safety Executive

This correspondence is directed to Lord Browne of Ladyton and concerns issues raised by him on my behalf in a Letter to Lord McKenzie at that time an Under Secretary of State at the DWP on 23 August 2007.  At the time Des Browne was the Secretary of State for Scotland.

Dear Mr Browne

At the time Lord McKenzie answered your letter, with the standard reply to some 15 other MP’s who had raised concerns directly with him.  This was as a result of a open letter that I had copied to all MP’s in 2007.  I have highlighted in the attachment (in bold) how these concerns were handled both by HSE and DWP but suffice to say you were given unambiguous assurances that the concerns raised by me were unfounded.

The position taken by Geoffrey Podger is described in the attachment, he was apparently not involved in the process and did not authorise the HSE information passed to DWP which was then used to give you assurance. The HSE information was also not authorised or indeed discussed by the then Head of the Offshore Division in Aberdeen, he confirmed this to me in writing.  The HSE information passed to DWP was written by an HSE official within the Offshore Division whose actions (amongst others) were the subject of the criminal investigation.  The issue is that the information passed to you was false and misleading, or lies if you like the dictionary definition.

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Royal Dutch Shell plc — 2010 Annual Publications — Simon Henry, Chief Financial Officer


Royal Dutch Shell plc – Strategy Update 2011 — Peter Voser, Chief Executive Officer


Beleaguered BP could make a tempting target for Royal Dutch Shell

Two years on from the biggest shareholder revolt on pay the London market has seen and things are getting back to normal at Royal Dutch Shell.

Shell had its moment back in 2004 with its reserves scandal but from 2005 embarked on a reconstruction involving a big increase in investment. Photo: GETTY IMAGES

Damian Reece By Damian Reece, Head of Business 6:10AM GMT 16 Mar 2011

Peter Voser, the chief executive, earned £4.8m in 2010, four times as much as his rival Bob Dudley at BP.

But then the companies’ fortunes could not have been more different over the past couple of years. BP workers were killed yet again after a fatal safety lapse and the company’s Macondo well created a fissure in the earth’s surface that spewed pollution into the Gulf of Mexico.

BP’s shares have underperformed the All Share by 60pc as a result while Shell has lagged by 22pc, although it has outperformed its oil peers by 9pc. BP has underperformed the same group by 30pc. Shell’s total market capitalisation across its two classes of share is £132bn and BP £86bn – a gap I doubt Dudley will close in his time as chief executive and it will be beyond his successor too.

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Water board torture for Shell Oil Co

The Associated Press March 15, 2011, 10:10PM ET

Water board orders Shell to clean up neighborhood


A California water board has ordered Shell Oil Co. to clean up a Carson neighborhood built on top of an oil storage facility that could hold up to 140 million gallons of crude oil.

The Los Angeles Regional Water Quality Control Board required the company to come up with plans to clean up the site that the board will review. The soil contains dangerous levels of cancer-causing benzene, naphthalene and benzopyrene.

“The order requires Shell to clean the site to the most stringent standards for residential use in order to protect public health,” Samuel Unger, the board’s executive officer, said of the move Friday.

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Joint Statement by Shell Stanlow refinery parties

Joint Statement from Shell, Essar and the Employee Representatives from the consultation meeting held 14th March 2011

Shell and Essar management have today formally met for the second time to consult with the employee representatives for Stanlow refinery and the associated marketing businesses.

This has included sessions with both non-unionised and unionised representatives on general terms and conditions (as outlined at the first meeting) plus a joint session on pensions.

In response to concerns raised on pensions, Essar recognised the value that Stanlow employees attach to the pension provision and have revised their defined benefit pension proposals.  These now provide for the replication of the Shell pension benefits in the Essar pension plan, so that existing staff will retain their current pension benefits.

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Shell ready to ship extra gas to Japan in wake of tsunami


Voser insisted the North African dictatorship was ‘still under development and is evolving into democratic structures over time’. And despite saying Libya was ‘rather small for Shell’, he refused to profess any discomfort at the firm’s cosy relationship with Gaddafi, based on a £ 375m exploration deal signed in 2005 with the blessing of former Prime Minister Tony Blair

Fuelling a growth support

By Rob Davies
Last updated at 3:35 AM on 16th March 2011

Shell boss Peter Voser said the oil supermajor stood ready to ship extra gas to tsunami-hit Japan but has refused to distance the company from the regime of Libyan tyrant Colonel Gaddafi.

Speaking as he showed off an ambitious $100bn ( £ 62.2bn) growth plan, the Swiss chief executive said Shell had diverted boatloads of liquefied natural gas (LNG) to Japan, to address the power shortfall caused by its nuclear crisis.

But he offered no firm stance on Libya, saying Shell would ‘see things unfolding … and then we’ll take a decision’ on how to proceed.

Voser insisted the North African dictatorship was ‘still under development and is evolving into democratic structures over time’.

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Shell’s Voser given pay rise of 62 per cent

The Independent

??By Sarah Arnott

Wednesday, 16 March 2011

Peter Voser, the chief executive of Shell, saw his earnings rocket by 62 per cent to $7.3m (£4.5m) last year.

The increase reflected his first full year in the top job, but the majority of it came from bonus payments after the oil giant beat its targets for cash flow, project delivery and gas production and safety, Shell’s annual report said.


Shell shock at pay deals home

Peter Voser, Shell’s chief executive, was last year awarded a bonus of €3.75m – exactly the same amount that so infuriated investors in 2009

Julia Finch: Tuesday 15 March 2011 20.54 GMT

Shell chief executive Peter Voser’s pay for 2010 totalled €5.4m. Photograph: Guido Benschop/AFP/Getty Images

Less than two years ago, nearly 60% of Shell shareholders voted down the oil group’s plans to award millions of pounds of shares to executives, even though performance targets had been missed that should have reduced the payouts to zero. The chairman of the group’s remuneration committee was forced to step down and, as it tried to rebuild bridges with angry shareholders, the company froze salaries last year.

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Cleanup ordered at Carson neighborhood Shell Oil polluted

1:08 p.m. | Molly Peterson | KPCC

State water regulators have ordered Shell Oil to clean up and monitor pollution in soil under the Carousel neighborhood of Carson.

Testing found benzene and hydrocarbons – chemicals known to cause cancer – four years ago.

The neighborhood sits where Shell maintained crude oil in reservoirs for decades.

The Los Angeles Regional Water Quality Control Board says Shell must make a plan to clean soil under some of the nearly 300 homes to a depth of 10 feet.

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Pay Bonanza for Shell Fat Cats

Shell Peter Voser In the money: chief executive Peter Voser

Big bonuses back at Shell as it declares 12% output jump

Lucy Tobin Lucy Tobin
15 Mar 2011

Just two years after Shell faced one of the biggest rebellions ever seen over pay at a FTSE 100 company, the oil major today rewarded chief executive Peter Voser with a 19% increase in his pay packet.

Last year, the oil giant froze its executive pay-outs in response to investors in 2009 voting down its plans to award millions of pounds of shares to bosses despite missing performance targets.

Today, however, in its annual report, Shell said that last year Voser was rewarded with a 19% jump in remuneration, with his €1.5 million (£1.3 million) salary being supplemented with a €3.75 million bonus. That took his total pay to €5.25 million, up from €4.4 million the previous year.

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