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May 2nd, 2013:

Shell Chief to Leave Next Year

Screen Shot 2013-01-11 at 20.09.51 “One of the few blots on Mr. Voser’s record would be Shell’s high-profile exploration effort in Alaska, which has been plagued by accidents and other problems. Those difficulties have led Shell to suspend drilling until at least 2014.”

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LONDON — Royal Dutch Shell’s chief executive, Peter Voser, plans to retire next year, after a decade in top management jobs in which he helped the company recover from an accounting scandal and become the world leader in liquefied natural gas and related businesses.

Mr. Voser, 54, made the unexpected announcement as Shell reported first-quarter profit that reflected only a modest gain from a year earlier but still exceeded analysts’ expectations.

“After such an exciting executive career I feel it is time for a change in my lifestyle and I am looking forward to have more time available for my family and private life,” Mr. Voser said Thursday in a statement. One longtime associate said Mr. Voser had long privately expressed a wish to retire by age 55. read more

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Shell chief Peter Voser to leave as oil giant posts rise in profit

“After such an exciting executive career I feel it is time for a change in my lifestyle and I am looking forward to have more time available for my family and private life in the years to come.”

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Royal Dutch Shell chief executive Peter Voser is to step down next year in an unexpected move, the energy giant announced as it posted a surprise 4pc rise in first-quarter profits to $8bn (£5.1bn).

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Peter Voser, the Shell chief executive, plans to focus on increasing oil and gas production to drive growth and returns. Photo: AFP/Getty

Emily Gosden

By 7:46AM BST 02 May 2013

Mr Voser, 54, has led the Anglo-Dutch major since July 2009 having previously served as chief financial officer in a career spanning more than three decades at the company.

In a message to staff, he said: “After almost 10 years as CEO and CFO and more than 25 years in Shell, I have elected to retire in the first half of 2014.

“After such an exciting executive career I feel it is time for a change in my lifestyle and I am looking forward to have more time available for my family and private life in the years to come.” 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.

Royal Dutch Shell profits up in first quarter

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2 May 2013

Screen Shot 2013-05-02 at 08.10.26Oil giant Royal Dutch Shell has reported profits of $7.95bn (£5.1bn) for the first quarter of 2013, up 3.5% from a year earlier.

Strong refining and trading performances boosted profits, despite production troubles in Nigeria.

The company also announced that chief executive Peter Voser would retire in the first half of 2014.

Mr Voser was appointed as chief executive in July 2009 and has been an executive director since 2004.

Growth projects

Revenue at Shell fell to $112.8bn in the first quarter from $119.92bn last year. 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.

Royal Dutch Shell CEO Peter Voser to retire in ’14

Screen Shot 2012-12-19 at 14.18.20LONDON–Royal Dutch Shell PLC , the oil and gas giant, Thursday announced that Chief Executive Peter Voser will retire from the company in the first half of 2014.

MAIN FACTS:

-Peter Voser was appointed CEO in July 2009 and has been an Executive Director since 2004

-Company will look at internal and external candidates to replace Mr. Voser

-Shares closed Wednesday at 2,259 pence valuing the company at GBP58.3 billion.

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SOURCE

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.

New leadership for Shell’s Arctic operations

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Blunders during the 2012 drilling season, including permitting and technical issues with the Noble Discoverer drillship and the grounding of the Kulluk conical drilling unit, led Shell to halt its 2013 drilling season. Courtesy Shell

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Suzanna Caldwell:May 1, 2013

Four months after a Royal Dutch Shell drillship ran aground in Alaska, raising questions about the company’s offshore drilling operations, the oil giant has appointed a new executive in charge of Arctic operations.

Ann Pickard, currently chairwoman of Shell’s Australian operations, will begin overseeing Shell’s Arctic operations in June.

Pickard will take over as executive vice president of Shell’s “Arctic, Upstream Americas” — part of a restructuring within Shell that separates Arctic operations from other divisions, said Shell spokesman Curtis Smith in an email Wednesday. 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 Starts World’s Largest Gas-Capturing Plant in Iraq

Screen Shot 2013-03-05 at 14.17.28 By Kadhim Ajrash & Nayla RazzoukMay 1, 2013 1:32 PM GMT+0100

Royal Dutch Shell Plc. (RDSA) and Mitsubishi Corp. (8058) started operations at a $17-billion joint venture to capture gas from some of Iraq’s largest oil fields.

The Basrah Gas Co. project, the biggest of its kind, captures so-called associated gas flared from the southern oil fields of Rumaila, West Qurna-1 and Zubair, according to a statement on Shell’s website. Iraq’s state-owned South Gas Co. holds a 51 percent stake in the 25-year venture, while Shell owns 44 percent and Mitsubishi the remainder. 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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