Royal Dutch Shell plc .com Rotating Header Image

Posts under ‘Daily Mail’

Royal Dutch Shell profits slump as oil price slide puts energy giant on back foot ahead of mega-merger with BG

Earnings dropped steeply from $7.33billion last year to $3.25billion Company hopes oil prices will rise to $90 a barrel by 2018  By MARK SHAPLAND FOR THIS IS MONEY: 30 April 2015 Oil giant Royal Dutch Shell has reported a near 60 per cent slump in first quarter profits after it was hit by the fall […]

UK government could step in to stop a BP takeover as rumours swirl off possible US interest in wake of Shell deal for BG Group

UK government could step in to stop a BP takeover as rumours swirl off possible US interest in wake of Shell deal for BG Group By LAURA CHESTERS FOR THE DAILY MAIL: 27 APRIL 2015 The British government could step in to protect oil giant BP from any potential takeover amid rumours US groups ExxonMobil […]

Royal Dutch Shell’s £47bn swoop on BG Group faces potential stumble over asset ownership

By LAURA CHESTERS FOR THE DAILY MAIL Royal Dutch Shell’s swoop on BG Group will face a series of hurdles including competition fears and questions over the ownership of some of its newly acquired assets. The £47billion acquisition of BG will make Shell the largest foreign oil company in Brazil – but there are concerns […]

Shell expected to slash jobs and spending

By LAURA CHESTERS FOR THE DAILY MAIL Royal Dutch Shell is planning a £20bn sell-off of assets to create a leaner oil giant after its £47bn swoop for rival BG Group. Shell has snapped up BG to expand its liquefied natural gas business and Brazilian deepwater wells but the deal also creates a sprawling £200bn […]

Shell sounds starting gun for more mergers in big oil

By ALEX BRUMMER FOR THE DAILY MAIL After all the fuss over the appointment and fat cat pay for Helge Lund, the new chief executive of BG, one must wonder why chairman Andrew Gould bothered. Just weeks after Lund took the reins, assets were written down by £6bn and Gould found himself in cloak and […]

Future of BP as independent company thrown into doubt by Shell’s takeover of BG

By PETER CAMPBELL FOR THE DAILY MAIL Future of BP as independent company thrown into doubt by Shell’s takeover of BG The future of BP as an independent company was thrown into doubt yesterday as analysts said BG’s takeover will prompt a wave of consolidation in the struggling sector. Firms across the industry have been […]

BG Group deal with oil giant Royal Dutch Shell sparks fury over pay

By LAURA CHESTERS FOR THE DAILY MAIL BG Group is facing a fresh investor backlash over executive pay in the wake of oil giant Royal Dutch Shell’s £47billion takeover offer. The potential £32million rewards package for BG chief Helge Lund was slammed as ‘completely over the top’ by one senior shareholder. A chorus of senior […]

£47billion deal, one of the biggest takeovers, creates £200 billion company

News of the merger led to job fears. In the UK Shell has around 6,500 staff while BG employs around 1,600. Shell is in the process of laying off 500 people at its North Sea operations where old oil fields are becoming too expensive to operate. By Laura Chesters City Correspondent For The Daily Mail Extracts […]

Shell sues to boot Greenpeace activists who climbed aboard oil rig bound for the Arctic to protest drilling

Shell sues to boot Greenpeace activists who climbed aboard oil rig bound for the Arctic to protest drilling Shell has filed a complaint in federal court in Alaska seeking an order to remove Greenpeace activists who climbed aboard an oil rig in the Pacific The environmental group said in a statement its team would occupy […]

Shell boss paid £20m for a year in which oil price slumped and group cut UK jobs

The boss of Shell has received a pay package of almost £20million for a year in which the oil price slumped and the group cut jobs in the UK. The figure is expected to spark a backlash from shareholders… The oil major (up 25p at 1961p) admitted that the sum handed to Ben van Beurden was […]

Shell’s titanic task of breaking up massive North Sea oil structures

Article by Peter Campbell On The Brent Delta Rig In The North Sea published by The Daily Mail/This is Money 2 Feb 2015 under the headline: CITY FOCUS: Shell’s titanic task of breaking up massive North Sea oil structures as life of rigs comes to an end Even though we are in British waters, the closest […]

BP Shell merger on the horizon

Potentially, a prolonged period of low oil prices might finally see BP and Shell, like two drunken sailors, holding each other up through the merger that has so long been on the horizon. AN ARTICLE BY ALEX BRUMMER FOR THE DAILY MAIL PUBLISHED 30 Jan 2015  “ALEX BRUMMER: Big oil players confront the slump by slashing capital […]

SS Pieter Schelte: The huge ship cursed with a Nazi name

By John Donovan The Observer newspaper, the Mail Online  and the Dutch Financial Times, plus a variety of other news outlets, all published articles over the weekend covering The Pieter Schelte Nazi Ship Controversy.  SOME OF THE HEADLINES Jewish outrage as ship named after SS war criminal arrives in Europe: The Observer/Guardian Named after SS […]

Outrage as it emerges world’s largest ship Pieter Schelte is named after SS Nazi war criminal

SCREENSHOTS OF ARTICLE PUBLISHED SUNDAY 25 JAN 2015 BY THE DAILY MAIL/MAIL ONLINE read moreLike this:Like Loading…

Observer Newspaper: World’s biggest ship, the Pieter Schelte, sparks Nazi outrage on arrival in Rotterdam

FROM AN ARTICLE BY ED VULLIAMY PUBLISHED BY THEGUARDIAN.COM AND THE OBSERVER NEWSPAPER, SUNDAY 25 JAN 2015 UNDER THE HEADLINE: World’s biggest ship, the Pieter Schelte, sparks Nazi outrage on arrival in Rotterdam Extracts Leaders of Jewish communities and Holocaust memorial groups in Britain and the Netherlands have reacted with rage and despair at the […]

Shell settles Nigerian oil spills claim for $83.5 million

An AFP article published 7 Jan 2015 by Mail Online under the headline: “Shell strikes Nigerian oil spills compensation deal” Royal Dutch Shell has agreed a multi-million-dollar settlement to compensate 15,600 Nigerian fishermen over two serious oil spills in 2008 after a three-year legal battle, both parties announced Wednesday. The Anglo-Dutch energy giant’s Nigerian arm […]

UK News Reports Royal Dutch Shell Quarterly Result

DAILY EXPRESS: Oil giant Shell floats as prices sink Extracts ROYAL Dutch Shell unleashed an industry-beating rise in quarterly profit yesterday, despite falling oil prices, and vowed to keep slashing less-lucrative projects. Finance chief Simon Henry said: “It’s quite likely we’ll take a very close look at investment levels where we have flexibility if we […]

Sexploits of former Royal Dutch Shell Executive Andrew Manley 

By John Donovan Andrew Manley worked at Shell for 30 years, leaving at the end of January 2010. By then he was Downstream-One Programme Director.  Mr Manley was a hapless individual and his emails were prone to leakage. I published them, including the one when he announced his departure to no doubt delighted colleagues. The […]

BP and Shell urged to stop using shareholders’ money to fund libertarian lobby group

Extract from a This is Money/Daily Mail article by Rob Davies published 2 June 2014 BP and Shell have been urged to stop using shareholders’ money to fund a US lobby group that promotes looser gun laws and the teaching of climate change denial in schools. The oil firms are members of the secretive American Legislative […]

BP claimants do not have to prove losses were related to 2010 disaster

Extracts from articles published by The Daily Mail newspaper on 21st & 22nd of May 2014 BP’s bill for its Gulf of Mexico oil spill could rise by billions, after it lost an appeal to halt compensation claims it believes are unjustified. A US court refused to overturn a decision that claimants do not have to […]

Corrupt Sultan of Brunei introduces tough Islamic penal code

By John Donovan The head of the corrupt, seedy Brunei Royal Family, the Sultan of Brunei, who once accepted a $500,000 wedding gift from Royal Dutch Shell, has gone ahead with his plans to introduce a penal code that will include amputations. Extracts from a BBC News article dated 30 April 2014 Brunei will introduce […]

Shell’s UK corporation tax bill tumbles

Extracts from an article by ROB DAVIES published 9 April 2014 by This is Money.co.uk under the headline: “Shell’s UK corporation tax bill tumbles by nearly 90 per cent as company invests more in North Sea and production declines” Shell’s UK corporation tax bill tumbled by nearly 90 per cent to just £55.5m last year, […]

Shell Oil Boss Marvin Odum Should Resign after Alaskan Debacle

Now we have further confirmation that Shell was trying to dodge a multimillion tax bill. This time confirmation comes from the findings of an investigation by the Coast Guard division of US Homeland Security. There are going to be more Royal Dutch Shell executives looking for alternative employment… And Marvin Odum, Shell’s boss in the […]

Ben Van Beurden’s plans overshadowed by Peter Voser’s £22m pay deal

Extracts from an article by ROB DAVIES published on 14 March 2014 by The Daily Mail newspaper under the headline: “Shell boss Ben Van Beurden’s plans for the company are overshadowed by former boss Peter Voser’s £22m pay deal” Shell boss Ben van Beurden’s grand plan to spruce up the oil giant has been overshadowed […]

Shell puts Arctic drilling plans on ice as it posts first profit warning in a decade

 …van Beurden warned that the pain may not be over, saying it was possible that Shell would make new writedowns on its North American operations. The US was among the factors that dented this year’s performance, as Shell continued to feel the effects of a shale gas glut that has sent prices tumbling. Its North […]

Shell set to round off bad year with disappointing fourth quarter profits

By Daily Mail Reporter Monday 27 January 2014 Shell is this week expected to round off a disappointing year with lacklustre fourth-quarter profits. The Anglo-Dutch oil giant issued a profit warning earlier this month, saying it was likely to record a lower-than-expected £1.8billion profit for the final three months of the year. That sets the […]

Energy giants battle to pump profits

At 55, Van Beurden, who replaced Peter Voser earlier this month, is a 30-year veteran at Shell where his career has mainly been focused on managing downstream businesses such as refining and chemicals. This week, as he announces full-year earnings, City analysts expect him to unveil details of a potential $15bn to $30bn (£9.1bn to […]

In defence of Ben van Beurden

An article published today by The Wall Street Journal – “Shell, Bruised by Big Bets, Warns of Profit Miss” – makes the case from the standpoint of Ben van Beurden, why he should not be blamed for the profits warning announced yesterday by Royal Dutch Shell Plc that shocked the markets. By John Donovan Shell […]

Shell issues surprise profit warning as new boss Ben van Beurden admits recent performance ‘not what I expect’ from oil giant

‘This should bring to an end what has proved to be something of an “annus horribilis” for Shell, which has seen a key production target missed and weaker than anticipated profitability in North America,’ said Barclays. Barclays pointed to Shell’s ‘stronger free cash flow position than the majority of the peer group’ and said it […]

Shell boss Peter Voser set to earn £16m

Shell boss Peter Voser set to earn £16m as he steps down from oil giant to enjoy ‘change in lifestyle’ PUBLISHED: 22:26, 2 January 2014  Departing Shell boss Peter Voser stands to earn around £16million from his last 15 months running the oil giant and a series of bonus schemes due to pay out after […]

Shell ‘is getting far too Dutch’

A senior executive at a leading City institution, who asked not to be named, said British investors were not being treated on a par with their Dutch counterparts. He said this was symptomatic of a trend that has seen the company increasingly consolidating power in The Hague and forgetting its British heritage. The oil giant […]

Shell abandons £12bn plan to turn gas into jet fuel in the US

He boasted that the project showed ‘there’s no better place in the world for major business investment’. But, without warning, last night it pulled the project. By Peter Campbell: PUBLISHED: 6 December 2013 Shell last night pulled the plug on a £12billion scheme to turn gas into jet fuel – and ruled out doing any […]

Shell vows to pursue controversial Arctic drilling plans

By Bob Davies: 1 November 2013 Shell vowed to press on with its controversial Arctic drilling plans, despite a warning that charges linked to the project would weigh on its already weak profits. Pre-tax earnings slipped by 31 per cent to £2.65billion in the third quarter, amid rock bottom refining margins and a fresh charge […]

Oil giants BP and Shell set for slump in profits

Rival Royal Dutch Shell puts out its third-quarter numbers on Thursday, with analysts at Deutsche Bank warning that they are viewing the update with ‘continuing trepidation’ after a disappointing second quarter.  PUBLISHED: 21:37, 27 October 2013 | UPDATED: 08:03, 28 October 2013 BP will this week raise its estimate of how much the 2010 Gulf […]

Yes, Putin’s a brute, but it’s Greenpeace who are the biggest menace to our future

Of course, Greenpeace would never stoop to blackening the name of its opponents, would it? Or exaggerating? Or even making things up — all in the noble cause of ‘saving the planet’? By Dominic Lawson: PUBLISHED: 23:01, 13 October 2013 Greenpeace, the world’s biggest and most battle-hardened environmental campaigning organisation, is in a state of […]

Shell in Nigerian arms controversy

By Rob Davies PUBLISHED: 22:00, 16 August 2013 | UPDATED: 22:00, 16 August 2013 Shell lobbied the Government to send millions of pounds of weapons to Nigeria that may have fallen into the hands of militants guilty of human rights abuses, a report has warned. Oil theft in Nigeria cost Shell some £460million in its […]

A Nigerian nightmare for Voser as Shell shares slide

By Rob Davies: 2 August 2013 (Headline as per newspaper article) Departing Shell boss Peter Voser lamented a ‘clearly disappointing’ quarter as the oil giant suffered a slump in profit and ditched production targets it set just two years ago. Continuing problems with oil theft in Nigeria and a writedown on the value of its […]

Royal Dutch Shell members of the secretive Bilderberg Group

Royal Dutch Shell Plc board members Peter Voser, Simon Henry and Jorma Ollila, all members of the sinister Bilderberg Group and participants in the controversial 2013 Bilderberg Conference. How is their membership is such a secretive organisation compatible with Shell’s claimed core business principles of openness and transparency? (Comment by John Donovan) Famous for being […]

Shell under fresh pressure over reports of the size of its Niger Delta oil spills

…an independent investigation into how the Organisation for Economic Co-operation and Development’s guidelines are enforced found ‘discrepancies’ between Shell’s story and other accounts of the size and cause of spills… urged Shell to publish all investigations carried out prior to 2011, potentially exposing the company to multi-million pound lawsuits… By Rob Davies: PUBLISHED: 09:11, 19 […]

Energy committee replaces chairman caught up in lobbying scandal with Lib Dem with shares in Shell and a donation from BP

Tory MP Tim Yeo stood aside as chairman of the Energy and Climate Change select committee after being embroiled in a sleaze scandal He ‘totally rejects’ allegations he breached lobbying rules Interim chairman Sir Robert Smith has declared interests in oil firms By Matt Chorley, Mailonline Political Editor PUBLISHED: 11:43, 11 June 2013 | UPDATED: […]