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Posts under ‘Shell AGM’

Shell Pensioners Revolt

By John Donovan Trouble is brewing for Shell in the UK as Shell pensioners revolt against the proposed change of name of their association. The “Shell Pensioners’ Association” (SPA) is open to all Shell pensioners in the UK and arranges a raft of social and other events through its Branch network. It also publishes a […]

Shell/Exxon Induced Earthquakes undermine Dutch Gov Revenues

By John Donovan The Groningen gas field is a giant natural gas field located near Slochteren in Groningen province in the northeastern part of the Netherlands. Discovered in 1959, it is the largest natural gas field in Europe. It is operated by the Nederlandse Aardolie Maatschappij BV (NAM), a joint venture between Royal Dutch Shell […]

Royal Dutch Shell plc: Notice of 2015 Annual General Meeting

LONDON, April 16, 2015 /PRNewswire/ – Royal Dutch Shell plc (NYSE: RDS.A) (NYSE: RDS.B) (the “Company”) announces that its 2015 Annual General Meeting will be held at the Circustheater, Circusstraat 4, 2586 CW The Hague, The Netherlands at 10:00 (Dutch time) on Tuesday May 19, 2015. The Notice of Annual General Meeting (the “Notice”) can […]

Church of England investors file shareholder resolutions at BP and Shell

The Church Commissioners and Church of England Pensions Board have announced this week that they are in the process of co-filing shareholder resolutions on climate change at the AGMs of two of world’s biggest oil and gas companies – BP and Shell. Church investors file shareholder resolutions at BP and Shell By Edward Mason, Church […]

Shell 15 page confidential statement about OSSL allegations

By John Donovan I have provided a link to a 15 page document dated 3 October 2014, which Shell supplied to OSSL, the Irish company that has made serious allegations against Shell. The information in the document may be of interest to some readers who have followed the long running saga and likewise newspapers and […]

Ogonis charge Nigerian Federal Government and Shell on UNEP report

Extract from a Daily Post article by Victor Azubuike published 28 May 2014 The people of Ogoni are calling on the Federal Government to set up a structure to help facilitate the implementation of the United Nations Environment Programme, UNEP, report following a new revelation by Shell. “Following last week’s surprise announcement by Shell’s new CEO, […]

‘Cleaned’ Nigerian sites still blighted by oil as Shell’s efforts to contain spills makes slow progress, says report

Swathes of land and waterways in the Niger Delta are once again blighted with oil only months on from Shell’s clean-up efforts… Extracts from a This is Money article by Rob Davies published 26 May 2014 Shell’s efforts to contain spills in Nigeria are making stuttering progress, with supposedly restored sites still mired in oil, […]

Shell meets target of 25% women directors

Extract from a business times.com article by Ronnie Lim published 22 May 2014 FORMER StanChart Singapore CEO Euleen Goh and chairman, CEO and president of US-based Archer Daniels Midland Company, Patricia Woertz, were unanimously voted in as new Royal Dutch Shell directors earlier this week, bringing the total number of women on its 12-member board […]

Shell’s new pay structure criticised

Extract from a Financial Times article by Michael Kavanagh published 20 May 1014 A sharp fall in the pay of outgoing chief executive Peter Voser last year failed to quell discontent among some investors at Royal Dutch Shell over rewards offered to its top staff. FULL ARTICLE Like this:Like Loading…

Royal Dutch Shell plc Notice of 2014 Annual General Meeting

Royal Dutch Shell plc (the “Company”) announces that its 2014 Annual General Meeting will be held at the Circustheater, Circusstraat 4, The Hague, The Netherlands at 10:00  (Dutch time) on Tuesday May 20, 2014. The Notice of Annual General Meeting  (the “Notice”) can be viewed and downloaded from http://www.shell.com/agm The AGM will be webcast on […]

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 suffers embarrassing shareholder rebellion over executive pay

Bonus awarded to outgoing chief executive Peter Voser prompts 8% of shareholders to vote against remuneration policy Bumper £8m pay package for Shell boss Peter Voser (Daily Mail Article) Rupert Neate The Guardian, Tuesday 21 May 2013 18.38 BST Shell suffered an embarrassing 10% shareholder rebellion against its executive pay report on Tuesday. Almost 8% […]

You can’t be sure of seeing Shell’s AGM

If you couldn’t travel to the Hague to protest, you could always attend the live link-up in London. But now you can’t even do that Rupert Neate: The Observer, Sunday 19 May 2013 Angry about the oil giants allegedly fixing the price of petrol for more than a decade? You’ll have a chance to harangue […]

Peter Voser, Petroleum Executive Screw-up of the Year Award

By John Donovan Peter R. Voser, the man ultimately responsible for Shell’s screw-up in the Arctic – a farce befitting a low budget Monty Python production, the man on whose watch Shell’s market capitalization has sunk below Chevron, making Shell the third largest of the Western oil majors, not number 2, and also the man […]

The Ecumenical Council for Corporate Responsibility challenges Shell AGM

Press Release 15 March 2013: The Ecumenical Council for Corporate Responsibility (ECCR) challenges Royal Dutch Shell (RDS) to have greater transparency in its forthcoming AGM arrangements and increased commitment to ensuring the voices of UK shareholders are heard. UK investor coalition ECCR has expressed deep dissatisfaction with Shell over its plan to restrict access to […]

Shell’s contempt for its UK shareholders: Scraps UK satellite AGM

“The decision not to have an audio/visual link to London for this years RDS AGM means that for the first time in history British based shareholders will not be able to attend a Shell AGM in the UK. At the time of the demise of Shell Transport and Trading and the formation of the new […]

Shell and Friends of the Earth exhange fire via the FT

By John Donovan Stumbled across this interesting correspondence conducted publicly via the letters page of the Financial Times several years ago between Sir Mark Moody-Stuart of Shell and Mr Tony Juniper, Executive Director, Friends of the Earth, London. As can be seen, Sir Mark scored a spectacular own goal. Got his facts wrong. FROM OUR […]

Scarcely a whimper as Shell votes for unification

Financial Times: Scarcely a whimper as Shell votes for unification Wednesday 29 June 2005 By Ian Bickerton in Scheveningen Dutch shareholders bade farewell to nearly a century of history in less than 45 minutes on Tuesday, overwhelmingly approving the unification of Royal Dutch and Shell, the two arms of the energy group. Shortly afterwards shareholders […]

FINAL SHELL TRANSPORT AGM started and ended to refrain of Bing Crosby crooning: You can be sure of Shell

ARTICLE FROM OUR 2005 SHELL NEWS ARCHIVE (MICHAEL HOLLIDAY VERSION OF THE SHELL SONG) ShellNews.net: The Shell Transport FINAL AGM resulting from the reserves scandal, started and ended to the refrain of Bing Crosby crooning: “You can be sure of Shell”: Wednesday 29 June 2005 By John Donovan Editor, ShellNews.net Shell’s marathon AGM was held […]

Nigerian farmer: Shell says we’ll soon smile in the Niger Delta

Published on : 18 May 2011 – 12:29pm | By Hélène Michaud It is his very first visit to the Netherlands, home of the company that he says has destroyed his family’s investments: “Our fish ponds, our bakery, our land.” He wants them back. The green parks, the urban infrastructure, trains that arrive on time: […]

Shell CEO: No Secret Of Interest In Russian Arctic

Tuesday May 17, 2011 LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSA.LN) has made “no secret” of its interest in developing the hydrocarbon resources in the Russian Arctic, but its preference remains for investment on a project-by-project basis rather than buying stakes in local companies, Chief Executive Peter Voser said Tuesday. “We are interested in […]

Shell seeks to drill in Arctic seas this summer

• Shell ignores calls for moratorium on drilling • Company says world needs 27bn barrel resource Tim Webb: Tuesday 18 May 2010 19.13 BST Shell yesterday pushed ahead with plans to drill in the Arctic Sea this summer, defying calls for a moratorium on offshore exploration in the pristine wilderness following the Gulf of Mexico […]

Amnesty ‘disappointed’ by FT’s decision to pull ad targeting Shell

Posted: 18 May 2010 Financial Times’ late call thwarts Amnesty’s campaign Amnesty International UK expressed its immense disappointment today at the Financial Times’ decision to pull a new hard-hitting advertisement at the last possible moment. The ad was due to appear today as Shell held its London AGM. The advertisement focused on the appalling human […]

Shell faces shareholder questions on tar sands

By Sarah Arnott Tuesday, 18 May 2010 Shell will become the latest major corporation to face investor questions about tar sands developments at its annual general meeting (AGM) today. Demonstrations outside the meeting in The Hague will be calling for an end to tar sands exploitation, while inside the hall the Anglo-Dutch group’s executives will […]

Rig blast shadows rise in BP profits

The Sunday Telegraph: BP is expected to say this week that profits almost doubled in the first quarter, as it investigates the circumstances surrounding the explosion of a drilling rig it had hired in the Gulf of Mexico.

Shell braced for yet another revolt over directors’ pay

“The oil titan is set to encounter protests over a controversial £4.8m severance deal for its former gas and power chief Linda Cook, a leading institutional shareholder told the Mail.” By Sam Fleming Last updated at 11:24 PM on 13th April 2010 Royal Dutch Shell faces another turbulent annual general meeting next month after failing […]

Shell Advises Holders To Reject Oil Sands Resolution

LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSB) has advised its shareholders to vote down at its annual general meeting in May a resolution requiring the company to conduct a thorough review into the commercial viability and environmental sustainability of its Canadian oils sands operations, according to documents posted on its Web site Monday.

Oilsands top producer for Royal Dutch Shell

Citizen Staff and news services March 20, 2010 3:07 AM Royal Dutch Shell PLC, which plans to produce oil from Canada’s oilsands for 40 years, earned 67 per cent more from operations in Alberta than from projects elsewhere between 2005 and 2009. The company earned $20 U.S. a barrel from oilsand mining on average, more […]

Shell chief pumped up for future

Ian Lyall, Daily Mail 16 March 2010, 9:52pm He said he was ‘energised’ and up for the fight. But as he stood at the podium to deliver the company’s annual strategy review, Shell boss Peter Voser (right) looked anything but. His audience of a hundred or so British and foreign journalists listened with an air […]

Shell CEO’s Pay Rose 22% in 2009

By LANANH NGUYEN THE WALL STREET JOURNAL MARCH 16, 2010 LONDON—Royal Dutch Shell PLC’s Chief Executive Peter Voser’s earnings rose 22% in 2009 to $4.4 million, according to the company’s annual report Tuesday. Mr. Voser, who became CEO in July 2009, earned $3.6 million in 2008 while serving as the company’s chief financial officer. The […]

So far so good as Shell is giving a shaking

March 16, 2010 David Wighton: Business Editor’s commentary He arrived with a bang and within weeks had axed 5,000 jobs. But eight months after taking over the helm at Royal Dutch Shell, is Peter Voser making progress turning around the supertanker? read moreLike this:Like Loading…

Shell’s Holliday

By Emiliya Mychasuk and Emiko Terazono Published: March 12 2010 02:00 A reshuffle on the Royal Dutch Shell board, which drew investor approbrium over pay last year, sees the hiring of former DuPont chief executive Chad Holliday Jr . The American is a co-author of Walking the Talk, putting a business case for corporate responsibility. […]

Shell and BP face onslaught from tar sands campaigners

Lobbyists bid to turn RBS, BP and Shell annual meetings into green referendums

Charities to lobby BP and Shell on environmental practices

CIVILSOCIETY.CO.UK Vibeka Mair | 22 Feb 2010 Campaigning charities FairPensions and WWF have joined a coalition which is lobbying oil giants BP and Royal Dutch Shell over their investments in environmentally controversial oil sands developments. The coalition, which also includes Unison, Greenpeace and the Co-operative banking group, is asking pension scheme members to email their […]

Two-tier market in executive pay

Financial Times By Brian Groom, Business and Employment Editor Published: February 21 2010 23:03 A two-tier market is emerging in executive pay in the UK’s largest listed companies, with those that have come strongly through the recession able to offer better remuneration than their rivals, according to new research. Royal Dutch Shell, ranked ninth in […]

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 Moves to Cut Executive Pay

THE WALL STREET JOURNAL FEBRUARY 16, 2010 By JAMES HERRON LONDON—Royal Dutch Shell PLC on Tuesday proposed changes to the way it pays its executive directors in an attempt to assuage concerns that led shareholders to reject its remuneration package last year. The proposals constitute a significant step toward greater pay restraint at one of […]

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 […]