Shell has been prepared to put up with the ignominy of its “No1 Enemy” receiving private communications meant for the company. Several years ago Mr Michiel Brandjes (right), Company Secretary & General Counsel Corporate, gave us written permission to vet incoming mail on behalf of Shell, using our discretion to remove and destroy what we [...]
Posts on ‘March 24th, 2012’
By Erik Larson – Mar 23, 2012 5:02 PM GMT A unit of Royal Dutch Shell Plc (RDSA), Europes largest oil company, was sued in Britain by 11,000 Nigerians who say their land, rivers and wetlands were spoiled by two massive spills in the Niger River delta in 2008. The lawsuit against Shells Nigerian subsidiary [...]
Whatever the measure, some question whether a CEO deserves the credit for the outcomes for which he or she is rewarded. Peter Voser, CEO of Royal Dutch Shell, Europe’s largest company by market capitalization, enjoyed a doubling in his pay in 2011 to 11.7 million euros, largely thanks to a three-year bonus scheme linked to cashflow.
However, the rise in cashflow was tied to three giant projects sanctioned by Voser’s predecessor, Jeroen van der Veer – who famously declared that he would not have performed any better or worse had he been paid more or less – and devised by van der Veer’s predecessor, Phil Watts.
Fri Mar 23, 2012 12:46pm EDT * Multi-million-dollar claim filed for 11,000 Nigerians * Shell accepts responsibility for two spills in 2008 * Says it cleaned up but criminals caused more pollution * Case could set precedents for other oil companies By Estelle Shirbon LONDON, March 23 (Reuters) – A group of 11,000 Nigerians launched [...]
Western Cape, South Africa (CNN) — South Africa has an energy deficit on its hands. Too many people want fuel for their cars and electricity for their homes, and the country is struggling to keep up with demand. To help ease this perceived crisis the big companies want to start drilling for natural gas using [...]