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Posts under ‘Marvin Odum’

HERE FIRST TEN DAYS AGO: Lorraine Mitchelmore Fired

Michael Crothers at Shell E&P Ireland Limited By John Donovan On 7 November, we published the first news of the firing of Lorraine Mitchelmore, the President and Country Chair of Shell Canada. The information, which came from a Shell insider source, was posted on our Shell Blog under the alias of “Manny” The departure of Lorraine Mitchelmore has been confirmed […]

Shell Oil Co. president touts carbon tax over piecemeal regulations

Posted on November 10, 2015 | By Jordan Blum A carbon tax or cap-and-trade system in the U.S. — and globally — would serve the energy industry better than the current slate of piecemeal state and federal regulations, Shell Oil Co. President Marvin Odum  said Tuesday. He acknowledged that Congress won’t take action soon in […]

Royal Dutch Shell plc Management Day November 2015

LONDON, November 3, 2015 /PRNewswire/ — NOT FOR RELEASE, PRESENTATION, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISIDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.   Competitive underlying performance in low oil prices – planning for prolonged downturn  Both net investment […]

In defence of Shell CEO Ben van Beurden

By a regular contributor Only one member of the EC is directly involved in North American activities, Marvin Odum.  Perhaps worth noting is that investment decisions on the scale of the recent Shell write-offs would have required approval by the entire EC in the Hague long before BvB was around. Few of the EC members […]

Why Shell Quit Drilling in the Arctic

By Paul Barrett: BLOOMBERG.COM: 28 SEPT 2015: 6:12 PM BST Royal Dutch Shell’s abrupt announcement today that it would cease all offshore drilling in the Arctic is surprising for several reasons. One is the unusual degree of confidence the company expressed as recently as mid-August that it had identified 15 billion barrels of oil beneath the well […]

Shell Exits Arctic as Oil Slump Forces Industry to Retrench

By CLIFFORD KRAUSS and STANLEY REED As oil prices have continued their steady decline this year, rig after rig has been shut down, costing thousands of jobs in the United States. Yet major oil producers have been loath to pull the plug on their most ambitious projects — the multibillion-dollar investments that form the backbone of […]

Shell Abruptly Abandons Arctic Drilling, Finding It Too Costly

BY ZOË SCHLANGER 9/28/15 After a season spent drilling an exploratory oil well in one of the harshest environments on Earth, Royal Dutch Shell announced Monday morning it was abandoning its attempt to develop the Alaskan Arctic “for the foreseeable future.” The exploratory well 150 miles offshore in the Chukchi Sea did not turn up […]

Shell move dims oil prospects, delights environmentalists

ANCHORAGE, Alaska (AP) — Royal Dutch Shell has abandoned its long quest to become the first company to produce oil in Alaska’s Arctic waters, darkening the nation’s long-term oil prospects and delighting environmental groups that tried to block the project. After years of effort, Shell is leaving the region “for the foreseeable future” because it […]

Tapped out? Shell ending Arctic offshore oil exploration after test well disappoints Sept 28, 2015 Royal Dutch Shell said early Monday that it was ceasing offshore oil and gas exploration in Arctic waters after a test well yielded unsatisfactory amounts of oil and gas. The announcement was a huge blow to Shell, which was counting on offshore drilling in Alaska to help it drive future revenue […]

Shell’s Arctic oil well comes up dry

September 28, 2015 | By Jennifer A. Dlouhy WASHINGTON — After spending $7 billion and seven years searching for oil under Arctic waters, Royal Dutch Shell on Monday said its quest had come up dry. Shell announced that its exploratory oil well in the Chukchi Sea north of Alaska encountered “indications of oil and gas” […]

Shell ceases Alaska Arctic drilling after exploratory well disappoints

Associated Press: Monday 28 September 2015 07.04 BST Royal Dutch Shell PLC has said it is ceasing exploration in offshore Alaska for the foreseeable future, saying an exploratory well drilled to 6,800ft (2,100m) found oil and gas but not in sufficient quantities. Shell USA’s president, Marvin Odum, said in an announcement early on Monday in the Netherlands […]

Actors join campaign to draw attention to Arctic issue

By DAN JOLING: 18 Sept 2015 ANCHORAGE, Alaska (AP) — Critics of Arctic offshore petroleum drilling have used climbing gear, kayaks and polar bear costumes to protest industrial activity in the Arctic. They’re now trying humor. Actors Alexander Skarsgard of “True Blood” and Jack McBrayer of “30 Rock,” along with Andy Bichlbaum of “The Yes […]

Optimism & Outrage: Shell’s $7 Billion Arctic Oil Gamble

by CYNTHIA MCFADDEN and JAKE WHITMAN: SEP 17 2015 At Royal Dutch Shell’s operations center in Anchorage, the cries of outrage that greeted the start of offshore drilling in the Arctic are drowned out by optimism. The energy giant’s president, Marvin Odum, told NBC News that he’s confident that the $7 billion already spent to find […]

Shell President: ‘Oil Will Be Required for a Long Time’

ANCHORAGE, Alaska — Sep 2, 2015, 12:31 AM ET By DAN JOLING Associated Press The president of Shell Oil Co. said Tuesday exploratory drilling off Alaska’s northwest coast is going well despite stormy weather last week that caused the company to halt operations for a few days. And in an interview with The Associated Press […]

Shell to drop ‘Oil’ from its name? Um, no.

By Tony Dokoupil: 15 July 2015 It seemed like a hopeful sign of the times: News that Shell Oil might soon drop the word “oil” from its name. British Petroleum made a similar move not long ago, rechristening itself as BP, a company with a vision “beyond petroleum.” But alas, Shell is not changing its name. […]

Here’s How Shell Can Restart Its Tar Sands Projects In Canada

By: MICHEAL KAUFMAN Exploring for new oil has now become a difficult task for the oil majors. Oil and gas are now mostly situated in the deep-waters, Canadian tar sands and the Arctic waters where the cost of exploration and production is very high. These high costs coupled with the lower crude oil prices make […]

Shell U.S. Unit May Drop ‘Oil’ From Name in Sign of Times

by Gerrit De Vynck: 9 July 2015 The U.S. unit of Royal Dutch Shell Plc may soon drop the word “oil” from its name in a move that would symbolize its transition to other sources of energy, an executive said. With Shell Oil Co.’s parent focusing more on natural gas and looking at other energy […]

Shell’s Arctic extraction to take decades before oil flows

Marvin Odum, Shell’s head of oil and gas production in the Americas, told the Financial Times that the company’s success or failure this year and next in making a significant discovery was critical for the future of Arctic oil development. FULL FT ARTICLE WITH WORKING LINKS. WARNS THAT PRODUCTION IS UNLIKELY TO COMMENCE UNTIL THE […]

Shell considers small North America energy deals even after BG

Shell considers small North America energy deals even after BG Deals | Thu May 14, 2015 12:58am BST Royal Dutch Shell Plc (RDSa.L) will consider small additions to its North America oil and gas business, despite ruling out large acquisitions after its deal to buy BG Group Plc (BG.L), Marvin Odum, director of Shell’s Americas […]

SPECULATION: Announcement of a Shell BP merger later today?

By John Donovan On 29 Jan I published the comments from a former Shell employee who advised, based on Shell insider information, that Ben van Beurden and Marvin Odum would be ringing the bell at the New York Stock Exchange to day, celebrating the launch of SHLX (Shell Midstream Partners LP) on the NYSE. That seemed […]

Ben Van Beurden Ringing NYSE Bell on Monday?

Hi John, I am an ex-Shell employee and appreciate your site very much. I still keep in touch with friends at Shell, and one of them is traveling to New York this weekend ahead of the NYSE bell ringing ceremony on Monday. My friend was told that BVB and Marvin Odum would both be in […]

Shell BP Mega Merger: Fact, or extremely well informed conjecture?

It was this article, followed by the oil price crash, which led to the growing speculation about a Shell BP Mega Merger. By a confidential contributor. Shell BP Mega Merger: Fact, or extremely well informed conjecture? …its a typical dark, smoke-filled room where two teams of senior people – top echelon, Board level types, not […]

Royal Dutch Shell Plc News Roundup Sat 4 Sept 2014

Royal Dutch Shell Plc CEO Ben van Beurden says he can’t deny returns are too low By John Donovan Mixed fortunes for Shell in the last few days.  Ben van Beurden says he can’t deny returns are too low Royal Dutch Shell CEO Ben van Beurden has admitted to the Wall Street Journal that he […]

Shell drills deeper in the Gulf of Mexico to meet demand

Extracts from a Telegraph article by Scott Campbell published 19 July 2014 It is with some pride that Marvin Odum, the president of Shell Oil and director of its upstream business in the Americas, talks about the rapid pace at which his company is reaching new depths in the Gulf of Mexico. “More people have […]

Shell Tackles Climate Change

Extract from an article published 1 July by read more

Marvin Odum speaks out

Article by M. Nadeem published 27 June 2014 by insider under the headline: “Royal Dutch Shell plc’s Subsidiary Shell Oil Company President Marvin Odum Discusses Energy Industry State” In a Fox News’ Opening Bell program on June 27, Shell Oil Company’s, a subsidiary of Royal Dutch Shell plc), President, Marvin Odum, talked about the […]

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 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 the […]

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

A slap for Shell

By Rob Davies: PUBLISHED 22 May 2013 Investors joined environmental protesters in giving Royal Dutch Shell a slap on the wrists, as a tenth of them failed to back the oil giant’s pay arrangements. In what is likely to be chief executive Peter Voser’s last annual meeting before he retires, some 10 per cent of […]

Shell says hunt for new CEO is underway

By Andrew Callus THE HAGUE | Tue May 21, 2013 9:35am EDT (Reuters) – The hunt for Royal Dutch Shell’s (RDSa.L) next chief executive is underway, its chairman said on Tuesday, after CEO Peter Voser made what could be his last appearance at the oil group’s annual shareholder meeting. Voser announced his surprise decision three […]

Shell’s succession plans in focus at annual meeting

  THE HAGUE | Tue May 21, 2013 12:05am BST May 21 (Reuters) – Royal Dutch/Shell CEO Peter Voser may be making his last appearance on the podium at the company’s annual shareholder meeting on Tuesday, turning the spotlight on management’s plans for a successor. Voser announced his surprise decision three weeks ago to step […]


With regard to your most obvious rivals, Simon Henry seems to be a very intelligent, competent executive, but comes with the baggage of his starring role in the reserves scandal. I published our verdict. Based on my strange experience of communicating with Marvin Odum via RDS Plc Company Secretary Michiel Brandjes, I reached the conclusion […]

Shell Chief to Leave Next Year

 “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.” “…candidates to replace the chief executive…”: “A third possibility is Marvin Odum, 54, an American, who runs […]


In case you are not aware, ***I have already supplied Shell insider information and leaked documents to the Department of the Interior. A senior person requested our help on behalf of the DoI, which we were happy to give. We will of course be pleased to assist in any further requests made of us. EMAIL […]

One-on-one with Shell Oil president Marvin Odum

The U.S. will always need our oil. Apr 3, 2013 James Cowan Marvin Odum’s job titles could fill several business cards. He is president of Shell Oil Co. in the United States, and sits on the executive committee of Royal Dutch Shell, its parent company. But for Canadians, his most important role is serving as […]

The danger of getting into bed with Shell

By John Donovan Marvin Odum, the President of Shell Oil Company, has said that “Royal Dutch Shell is making a significant push into venture capital investing and collaboration with early-stage startups in the energy space.” See Wall Street Journal article “Shell Looks for Startup, Tech Partnerships Now More than Ever“. This initiative is designed to […]

Marvin Odum, just another Shell snake oil salesman

By John Donovan Based on insider information, we beat Shell to the punch by announcing a day before Shell, that David Lawrence had left the company. We said that he had been fired after Shell’s Arctic plans fell apart. When Shell was put under pressure to comment, the company claimed Lawrence was leaving by mutual […]

Shell Oil Axes Exec For Alaska Drilling Fiasco. Will More Heads Roll?

Christopher Helman, Forbes Staff: I’m based in Houston, Texas. Energy capital of the world. David Lawrence, the executive vice president directly responsible for Alaskan operations has left the company. A Shell spokesman says that “Mr. Lawrence’s departure from Shell is by mutual consent.” Lawrence had been with Shell since 1984. His departure was first reported […]