Tar sands are shaping up to be the thorn in BP (BP-) and Shell’s (RDSB) sides as concerns over potential expense prove almost as rife as worries over the environmental impact.
Posts under ‘Jeroen van der Veer’
Shell abandons HQ to decade of development
The company has agreed terms for a ten-year lease with Canary Wharf on 200,000 sq ft of Docklands offices February 24, 2010 A view of the London Eye, located along the Thames River at County Hall, is seen across from the Shell Oil Centre building. Carl Mortished, World Business Editor Staff at Royal Dutch Shell [...]
News generated by royaldutchshellplc.com Shell leaks in 2009
News articles generated by royaldutchshellplc.com and its Shell insider sources in 2009
Shell overhauls executive pay in response to shareholder revolt
Daily Telegraph Royal Dutch Shell has frozen the pay of its top executive directors and imposed new rules on bonuses, as it tries to appease investor anger over excessive remuneration. By Rowena Mason, City Reporter (Energy) Published: 9:11AM GMT 16 Feb 2010 Last year, Shell’s board suffered an embarrassing shareholder revolt over their pay packages, [...]
Shell freezes pay of top executives
Shell responds to last May’s shareholder revolt over pay Salaries frozen until 2011, with pledge on bonuses and targets Zoe Wood Tuesday 16 February 2010 10.36 GMT Shell has frozen salaries after a row with shareholders. Photograph: Leon Neal/AFP/Getty Images Royal Dutch Shell has today bowed to pressure from major investors by announcing [...]
Shell tries to appease investors with caps on pay
The Times February 17, 2010 Robin Pagnamenta and Robert Lindsay Royal Dutch Shell said that it would freeze the salaries of its top directors and reform a generous bonus scheme as the oil giant moved to soothe shareholders anger over excessive boardroom pay before its annual meeting. In a letter to investors, Hans Wijers, the [...]
Shell to curb pay, bonuses after investor revolt
REUTERS LONDON (Reuters) – Royal Dutch Shell Plc (RDSa.L) said it was overhauling its pay practices for top management, including a pay freeze for its chief executive, Peter Voser, and a limit on bonuses, after a shareholder revolt last year. The head of Shell’s remuneration committee said salaries for Voser and Chief Financial Officer Simon [...]
Shell CEO Voser Converts Maximum Allowance of Bonus Into Shares
February 10, 2010, 12:25 PM EST By Fred Pals Feb. 10 (Bloomberg) — Royal Dutch Shell Plcs Chief Executive Officer Peter Voser converted the maximum proportion of last years bonus into stock, reflecting his confidence in the long-term prospects of the companys shares. Voser got 50 percent of his 2009 bonus, or the equivalent of [...]
SCOTTISH CRIMINAL INVESTIGATION INTO ALLEGATIONS AGAINST SHELL
Published below is self-explanatory email correspondence involving Keith Ruddock, General Counsel, Upstream International, Shell International B.V. The emails are followed by a statement from Bill Campbell, the former HSE Group Auditor of Shell International. His statement is the subject of the emails.
They couldnt be sure of Shell
From The Times February 5, 2010 In his fascinating new book about his life and long career at BP, Lord Browne reveals he had talks with Jeroen van der Veer in 2004 about a merger with Shell. The idea was to combine the two companies and to dispose of all BPs refining and marketing operations. [...]
Shell officials may face criminal charges
Manila Bulletin February 3, 2010, 4:34pm The Bureau of Customs (BoC) threatened to file criminal charges against officials of Pilipinas Shell Petroleum Corp. (PSPC) for their no intent to pay the P7.3-billion back excise taxes even as the temporary restraining order (TRO) issued by the Court of Tax Appeals will lapse on February 9. Customs [...]
Criminal investigation of allegations concerning Shell employee safety issues
Printed below is self-explanatory email correspondence relating to a Grampian Police investigation arising from allegations made by Mr. Bill Campbell, the former HSE Group Auditor of Shell International. His allegations relate to the Shell Brent Bravo Scandal and related issues, and a pending decision by the Scottish legal authority – the Procurator Fiscal – on whether to bring a prosecution.
Shell CEO Peter Voser threatens more job cuts
In a television interview from Switzerland last week, he said Shell would be prepared to cut further jobs to keep costs under control until global demand for energy rebounds from its current slump.
Vosers Shell Overhaul May Signal Output Revival in BP Fight
By Fred Pals Feb. 1 (Bloomberg) — Peter Voser is using lessons from his two-year stint rescuing Swiss engineering company ABB Ltd. from near bankruptcy to turn around Royal Dutch Shell Plc by selling assets, cutting thousands of jobs and speeding up decisions. Not only has Shell suffered six years of falling output, its been [...]
Shell May Cut More Jobs says Voser
Shell May Cut More Jobs as Energy Demand Recovery Remains Muted January 29, 2010, 07:22 AM EST By Fred Pals and Francine Lacqua Jan. 29 (Bloomberg) — Royal Dutch Shell Plc, Europes second-largest oil company, may need to cut more jobs this year to control operating costs as a recovery in energy demand waits until [...]


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