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. [...]
Posts from ‘January, 2012’
Sir Bill’s treatment at Cairn will make every board quake
The giant oil field sold for a song by Shell… it sold its 50% share to Cairn for $7.5 million, now worth billions… James Ashton 24 Jan 2012 The momentum gained by the Government’s war on executive pay meant it was bound to claim some victims. The only surprise is that Sir Bill Gammell has [...]
Brunei Inks Production, Investment Pact With Royal Dutch Shell
The fruits of a $500,000 Brunei dollar wedding gift (bribe) given by Shell to the corrupt Brunei Royal Family…? Wednesday, 25 January 2012 06:44 Borneo Bulletin The Hague, Netherlands – The Government of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam and Royal Dutch Shell Ltd (RDS) as the shareholders of Brunei Shell [...]
Dutch Court Throws Lifeline for Non-US Class Action Lawsuits
The court was used once before in a similar case launched in 2007 against Royal Dutch Shell, when investors resolved their claims for ?316 million with the oil giant. Wednesday, January 25, 2012 7:22:02 AM Pension, endowment funds, and other international shareholders have a new avenue of enquiry to seek damages of alleged corporate fraud [...]
Oil Grab in Falkland Islands Seen Tripling U.K. Reserves: Energy
The world?s largest oil companies like Exxon Mobil Corp. and Royal Dutch Shell Plc face a dilemma: whether the potential of a virgin basin outweighs the risk of a worsening international dispute. January 25, 2012, 7:20 AM EST By Brian Swint Jan. 19 (Bloomberg) — Thirty years after Margaret Thatcher fought a 74-day war with [...]
Fatally flawed Vax V027 Rapide XL Upright Carpet Cleaner
By John Donovan My low mileage Vax Rapide XL upright carpet washer has come to the end of its life, not because any working part is broken or worn out, but due solely to the fact that it has a fatal design fault. The machine is far too heavy for the handle at the top [...]
Davos Delegates Say EU Needs to Show Resolve as Split Over Greece Persists
?We can?t wait too long,? said Peter Voser, chief executive officer of Royal Dutch/Shell Plc. ?It?s two minutes before midnight.? By Simon Kennedy and Simone Meier – Jan 25, 2012 12:52 PM GMT Europe must show more resolve to fix the debt crisis as officials race to draft rules governing the euro and bridge widening [...]
Spaced out at Royal Dutch Shell
?SPACE, VISION AND STRATEGY?: Sir Philip Watts, disgraced Shell Group Chairman who once donned a space suit at a meeting in Maastricht, Netherlands, in 1998 to pump up his troops. Subsequently a defendant in various US class action law suits arising from his role in reserves fraud ,which cost Shell shareholders almost $1 billion in [...]
Ban stops Europe majors trading Iran oil globally
Tue Jan 24, 2012 5:51pm GMT * Total, Shell big buyers of Iranian oil * Firms could declare force majeure in July-lawyer * Switzerland might stall on EU sanctions By Emma Farge ZURICH/BRUSSELS, Jan 24 (Reuters) – The EU is banning not only imports of Iranian oil but also crude purchased by European companies, including [...]
MOSOP may permit oil exploration in Ogoniland
TO VIEW THE COMPLETE DRAMATIC GRAPHICS FROM THE UK GUARDIAN ARTICLE ‘UNLOVEABLE SHELL – GODDESS OF OIL’ – CLICK HERE – TAKES SHORT TIME TO LOAD Shell, which until 1993 was the major oil producing company in Ogoni, was forced to leave the area following widespread protest spearheaded by MOSOP over alleged human and environmental [...]
Can Big Oil Repeat Its Big Year?
JANUARY 23, 2012 By LIAM DENNING Even today, $1.67 trillion is a lot of money. That is the amount wiped off the combined market capitalization of the top 50 energy companies between the end of 2007 and the end of 2011. Breaking it down offers big clues on Big Oil’s prospects for 2012. Every year, [...]
Shell puts extra ?90m into Irish subsidiary
The Irish Times – Monday, January 23, 2012 GORDON DEEGAN OIL AND GAS multinational Shell has injected ?90 million into its Irish subsidiary to deal with the spiralling costs of the Corrib gas field project. Documents filed with the Companies? Registration Office show that the global group has pumped the extra money into Shell Ireland. [...]
Gazprom and Shell successfully developing cooperation
Royal Dutch Shell CEO Peter Voser (left) and Gazprom Chairman, Alexey Miller Sunday, 22 Jan 2012 The Gazprom headquarters hosted a working meeting between Mr Alexey Miller Chairman of the Company Management Committee and Mr Peter Voser Chief Executive Officer of Royal Dutch Shell. The parties discussed the issues of bilateral cooperation as part of [...]
Pensions anger as even profitable firms cut benefits
Phillip Inman The Observer, Sunday 22 January 2012 When even successful companies such as Shell and Unilever are taking an axe to staff retirement packages, is the outlook bleak for everyone? Unilever, the maker of everything from Pot Noodles to Dove soap, has infuriated its staff by cutting pension payouts ? despite being highly profitable. [...]
Shell Oil Company dumped toxic chemicals into waterway for over 60 yrs
A Shell Oil Co. refinery dumped wastewater into the bayou for more than 60 years, lacing the mucky bottom with toxic chemicals and heavy metals. DEQ says Bayou Trepagnier, one of state’s most polluted waterways, has been cleaned up NORCO, La. ? The state Department of Environmental Quality says one of Louisiana‘s most polluted waterways [...]
Shell Blog RSS Feed
