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Posts under ‘Marvin Odum’

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 […]

Why wasn’t Marvin Odum fired after the Alaskan debacle?

Extracts from an article published on Thursday 13 March 2014 by Rigzone.com under the headline: “Shell Looks for Tighter Grip on Upstream Americas” Shell CEO Ben van Beurden commented: “Shell has a strong asset base and industry leadership in many of its growth themes. While this position of strength gives confidence for the future, it […]

Shell halts work on Pierre River oil sands mine in northern Alberta

Jeff Lewis | February 12, 2014 5:18 PM ET CALGARY – Royal Dutch Shell PLC told regulators it is halting work on its Pierre River mine in northern Alberta’s oil sands and that it has no idea when it may revive the blueprints. The Hague-based company this year cancelled plans to drill in Alaska’s Arctic and […]

Shell EP: The lame being led by the blind

So the shock of not becoming number one was too big for Andy Brown. I wish him a speedy recovery and thereafter he should go spend quality time with his family and enjoy his earnings. Wetselaar is no doubt a brilliant finance man. But a finance man is really a failed banker, not good enough […]

Shell CEO Peter Voser: Did he jump or was he pushed?

Why would the issue of payment for loss of office even arise? Perhaps I am wrong but I am left with the impression that his early departure was by mutual consent and on the basis of no compensation for loss of office? In other words the board wanted him to leave early and he agreed? […]

Shell train wreck in sight?

TIME TO PUT ON THE HARD HATS? Overall, Shell’s strategy now seems to involve stopping capex and unloading assets in something resembling a fire sale – perhaps to cover the losses in the US, perhaps because it sees a need to fight off a hostile takeover, or perhaps because of the potential liabilities if it […]

Voser’s on the way out…. let’s book the losses!

The people who will really be laughing are those who sold the US prospects to Shell over the past few years. These assets were acquired by Shell at a cost of several billion dollars right at the top of the market. FROM A SHELL RELATED SOURCE Looks like Ben van Beurden is going to be […]

Shell shock as new boss is appointed

ROYAL DUTCH SHELL sprang another surprise on the City yesterday by naming its head of refining Ben van Beurden as its new chief executive to succeed Peter Voser next January.   Published: Wed, July 10, 2013 Dutchman Van Beurden, 55, who has been with the Anglo-Dutch oil giant for 30 years but only appointed to […]

Shell: New Boss required but limited choices

As for Commander Odum, he of the theatre of Operations, only a marine incident etc school he was doomed not by the grounding of the good ship Kulluk, but in the lie telling that followed.  It was not I fear just poor Lawrence of Alaska who suffered from this misadventure.  COMMENT RECEIVED FROM BILL CAMPBELL, […]

Shell picks Ben van Beurden as surprise new chief

Royal Dutch Shell has named Ben van Beurden, a 30-year company veteran, as its new chief executive in an unexpected appointment. By James Titcomb: 9:21AM BST 09 Jul 2013 The Anglo-Dutch energy giant said on Tuesday morning that Mr Van Beurden, 55, will take charge at the start of next year, with current CEO Peter […]

Shell names van Beurden as surprise choice for CEO

“It’s initially something of a surprise. The question is, who is this guy,” Royal Bank of Canada analyst Peter Hutton said. By Sarah Young and Kate Holton LONDON | Tue Jul 9, 2013 4:55am EDT (Reuters) – Royal Dutch Shell (RDSa.L) named head of refining Ben van Beurden to replace chief executive Peter Voser, a […]

Shell Picks New Chief Executive

By STANLEY REED: Published: July 9, 2013 LONDON — Royal Dutch Shell, Europe’s largest oil company, surprised markets on Tuesday by naming Ben van Beurden to succeed Peter Voser as chief executive on Jan. 1. Mr. van Beurden, a Dutch national who is 55, has headed Shell’s large marketing and refining business since January and […]

Shell Names Refining Chief Van Beurden to Succeed CEO Voser

Royal Dutch Shell Plc unexpectedly named refining boss Ben van Beurden to succeed Chief Executive Officer Peter Voser as Europe’s largest oil company looks to manage rising capital spending. When Voser announced his retirement in May, Chief Financial Officer Simon Henry and U.S. head Marvin Odum were seen as front runners for the top job. […]

Who Will Replace Shell Chief Peter Voser? Top 6 Potential Front-runners

An article published on 18 June contains information about six potential front-runners to replace Peter Voser, the current Chief Executive of Royal Dutch Shell Plc The six are: Simon Henry, Marvin Odum, Andrew Brown, Matthias Bichsel, Josef Ackermann and Hans Wijers. Link to the article