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Posts under ‘Shell Oil Reserves Scandal’

John Alfred Donovan, Founder, Owner and Group Chairman, Royal Dutch Shell Plc

By John Donovan Interesting to note that my association with Royal Dutch Shell is so strong after a three decade relationship, that according to current information listed on zoom info (screenshot below), I am given credit as being the founder, owner and Group Chairman of Royal Dutch Shell Plc. Guess it was only a matter of […]

Jorma Ollila, tainted departing chairman of Royal Dutch Shell Plc

“During Ollila’s time at the helm, Shell has spent hundreds of billions on new projects and lavished generous pay deals on its executives, leading to several protest votes by big investors.” By John Donovan The Sunday Times reported on the front page of its business section on 8 June 2014 the news that Shell has […]

Oil Giant Shell Kicks Off Hunt For New Chair

Extract from a SkyNews article by its City Editor, Mark Kleinman, published Saturday 7 June 2014  Royal Dutch Shell, the biggest company on London’s stock market, has kicked off the hunt for a new chairman. Sky News has learnt that the oil giant has asked Egon Zehnder International, the executive search firm, to identify a […]

Manipulations by Shell and Exxon?

By John Donovan Shell and Standard Oil have been engaged in manipulating governments for over a hundred years. The joint self-explanatory letter Shell and Exxon sent to the US Securities & Exchange Commission on 1 May seems to have good intentions -  concerning the timetable for implementation of transparency legislation – but the past track […]

We warned BG Group about Chris Finlayson

“BG Group chief executive Chris Finlayson has been ousted by the oil and gas explorer’s board following a disastrous 16 months in the job….” No one can say that we did not repeatedly warn BG Group about the competence and ethics of Chris Finlayson… By John Donovan The news media is reporting that former Royal […]

Little known key role of Michiel Brandjes in Shell reserves scandal

However, unbeknown to Van de Vijver, Michiel Brandjes (right), who was alarmed by the findings of the report, sent a copy to a New York law firm Cravath, Swaine & Moore. This meant that events were no longer in the control of Shell. Instead, Shell’s most sensitive issue since its close association with Adolf Hitler […]

Nigeria ravaged by $20bn oil robbery

It was 2am when a fireball pierced the inky night sky above a small community in the Niger delta. The explosion near Port Harcourt last June killed several people and released 6,000 barrels of crude oil. The cause: contractors hired by Royal Dutch Shell to stop pirates siphoning oil from a huge pipeline were themselves […]

Shell’s fall from grace

In May 2013, when Voser’s retirement was announced, he was described by Reuters as having been Shell’s “renaissance CEO”. Fast-forward eight months and Voser’s successor stunned the market with a profits warning. It was a remarkably quick fall from grace for both the former chief and the company… …the company’s misstatement of its proven reserves […]

Ben van Beurden: Surely Shell could have chosen a leader untainted by scandal?

Ben van Beurden was private assistant and adviser to Sir Philip Watts during the two years prior to the shock announcement of the reserves scandal in January 2004, which resulted in a firestorm of devastating news coverage that still reverberates today, 10 years later. This was during the period when false information was routinely given to […]

Ben van Beurden will need more than PR skills to navigate Shell’s choppy seas

Ben van Beurden gave a flawless performance last week as he stepped onto the public stage for the first time as chief executive of Shell and sought to explain how the company had cut its annual profits in half despite a year of sky-high oil prices. He should have been torn limb from limb, but […]

CFO Simon Henry: Just how many lives has this Shell fat cat got?

Simon Henry was CFO when the ship was set on its disastrous course of over-promise and under-delivery, beset by project delays and cost overruns, resulting in the recent profits warning and the dramatic advice just issued by Zacks Investment Research that Royal Dutch Shell Plc is “a risky bet that ordinary investors should exit.” He […]