Posts under ‘Daily Telegraph’

The Liberal Democrat MP appointed to lead scrutiny of energy policy, bills and petrol prices has more than £66,000 of shares in Britain’s biggest oil company, according to parliamentary records. By Rowena Mason, Political Correspondent: 11:50AM BST 11 Jun 2013 Sir Robert Smith, who has declared an interest in a company linked to Royal Dutch [...]

Royal Dutch Shell, one of the energy giants under investigation for suspected oil price rigging, has “nothing to hide”, its chief executive Peter Voser has said. By Emily Gosden: 6:02PM BST 05 Jun 2013 European Commission investigators raided Shell’s offices last month on suspicion the oil major could have colluded with BP and Norway’s Statoil [...]

Allegations of “malpractice” in the oil market that could have cost drivers hundreds of pounds will be handed over to European investigators by a group representing 5,000 independent garages. By Rowena Mason, Political Correspondent: 12:01AM BST 23 May 2013 The Petrol Retailers’ Association said it has turned to the European Commission after British authorities failed [...]

Royal Dutch Shell has admitted it needs more women on its board but pleaded for �patience� as it tried to find suitable candidates. Shell chief Peter Voser told the AGM that it would be �inappropriate� to speculate on the outcome of a European Commission investigation into oil price rigging.�Photo: AFP/Getty By Emily Gosden: 7:13PM BST [...]

  Royal Dutch Shell lobbied against proposed European rules designed to clamp down on commodity market abuse, arguing they would raise costs for consumers and increase market volatility. Shell argued strongly against elements of EC reforms to �strengthen the fight against market abuse across commodity and related derivative markets”.   By Emily Gosden: 10:00PM BST [...]

UK fraud authorities are �urgently reviewing� whether to launch an investigation into companies that may have rigged the oil market and driven up petrol costs for millions of drivers. By Rowena Mason and Christopher Hope: 7:06PM BST 16 May 2013 The Serious Fraud Office said it is considering an inquiry, after European Commission officials raided [...]

Royal Dutch Shell has crushed any hopes it might kickstart a British shale gas boom, saying nobody knows whether shale will succeed in the UK and it has no desire to be the company that tries to find out. By Emily Gosden 10:12PM BST 02 May 2013 In a blow to Government attempts to attract [...]

�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.� Royal Dutch Shell chief executive Peter Voser is to step down next year in an unexpected move, [...]

City Diary: Russia and the Netherlands cement special relationship with Shell drilling deal By Harriet Dennys, City Diary Editor 8:30AM BST 10 Apr 2013 Good to see Vladimir Putin looking for leadership guidance on his trade tour of the Netherlands. Not from Shell chairman Jorma Ollila � although the pair�s date to sign off the [...]

Royal Dutch Shell is poised for a fresh attempt at Arctic oil exploration through a deal with Russia�s Gazprom Neft, the Kremlin revealed on Thursday night. � By Emily Gosden: 7:54PM BST 04 Apr 2013 The companies are preparing to sign an agreement that will cover joint offshore drilling in the Russian Arctic as well [...]

Mr Lawrence was the executive vice-president for exploration and commercial for Shell’s Upstream Americas division. His responsibilities are now being divided between three executives, including one with responsibility specifically for the Arctic. Its Arctic programme has already been beset by setbacks which forced it to put it on hold until at least 2014. By Emily [...]

Under-fire Shell chief Peter Voser � grappling with the US government�s frosty feedback on Shell�s Arctic plans and the $2.3bn (�1.5bn) IOU to Iran.. By Harriet Dennys, City Diary Editor: 7:00AM GMT 22 Mar 2013 Business before pleasure for Royal Dutch Shell�s horseracing-mad executive Steve Harman. Such is Harman�s dedication to leading the oil giant�s [...]

A senior Royal Dutch Shell executive with responsibility for the oil major�s troubled Arctic exploration campaign is leaving the company �by mutual consent� Kulluk, the oil drilling rig owned by Royal Dutch Shell ran aground in Alaska after drifting in stormy weather.�Photo: AFP By Emily Gosden 6:02PM GMT 22 Mar 2013 Dave Lawrence, executive vice-president [...]

Royal Dutch Shell has called time on its troubled Arctic exploration programme for another year after a series of mishaps in 2012 scuppered its plans to drill for oil in the region this summer. By Emily Gosden 8:20PM GMT 27 Feb 2013 The controversial campaign has so far cost Shell about $5bn (�3.3bn) over seven [...]

Failings identified on a Shell ship drilling in the Arctic have raised questions about the energy giant’s plans to extract oil in the region. The findings emerged after Shell’s other Arctic barge, the Kulluk, broke away from a tug and crashed into the uninhabited Sitkalidak Island on New Year’s Eve.�Photo: Reuters THE SUNDAY TELEGRAPH 24 [...]