Royal Dutch Shell plc .com Rotating Header Image

Posts under ‘The Independent’

Shell investors attack its executives over pay

By Nick Clark Wednesday, 20 May 2009 Investors in Royal Dutch Shell turned on the oil company’s management yesterday, with almost 60 per cent voting against planned remuneration packages for executives. However, the group said it intended to award the payouts anyway. The board of directors faced angry shareholders at the group’s annual general meeting [...]

Jeremy Warner: BP and Shell struggle to keep up with Exxon

Should BP and Royal Dutch Shell redomicile and relist to the United States? The question is largely academic, for it is most unlikely to happen any time soon. Yet London-based oil chiefs sometimes look longingly across the pond at the apparently superior share-price performance of Exxon Mobil.

Investment Column: Shell’s dividend hike oils the wheels for income seekers

True, while Shell’s investors should be concerned about what the chief executive, Jeroen van der Veer, calls “testing times in the oil and gas industry”, they should note that despite the price of oil falling by about $100 a barrel in the last eight months or so, Shell’s shares have outperformed the rest of the FTSE 100.

Shell warns of US probe into corruption claims

Royal Dutch Shell, the Anglo-Dutch oil and gas giant was yesterday forced to warn shareholders about an ongoing investigation by US authorities over allegations that bribes were paid to Nigerian customs officials on behalf of the company.

How Simon Henry got it wrong on the repercussions of Royal Dutch Shell reserves fraud

Simon Henry, Shell’s head of investor relations, said that, nothwithstanding the huge extent to which proven reserves had been over-booked, none of the executives involved would be disciplined

Gold-plated retirements

In spite of losing his job, Sir Philip managed to hang on to a not insubstantial annual pension of almost £600,000.

BP’s unhappy marriage to the Russian oligarchy

If it is any consolation, Shell’s venture with Gazprom in Sakhalin went even further awry. It is arduous indeed, but it is hard to see a company of the stature and ambition of BP, or Shell for that matter, opting out of the Russian growth story.

Shell’s $10.6bn profits fuel windfall tax calls

Royal Dutch Shell’s third-quarter profits ballooned by 71 per cent to $10.9bn (£6.7bn), the company said yesterday, reigniting outrage that energy companies are cashing in while inflated oil prices punish consumers.

Global oil crunch

Even Royal Dutch Shell, commissioned to write a balancing view for the group’s report, is forecasting a plateau of supply as production moves to more difficult sources such as ultra-deeplayers and tar sands.

Recession fears drag FTSE down: Royal Dutch Shell was 5% lower with rival BP down 1%

Energy stocks were the other big losers as oil prices slid to a 14 month lows near 71 US dollars a barrel. Royal Dutch Shell was 5% lower with rival BP down 1%.

He abdicated from Regal but he’s still in energy’s Vanguard

As the share price of Regal Petroleum, the London-based but Ukraine-focused oil producer, surged amid reports that Royal Dutch Shell was mounting a $1.2bn (£680m) bid for the company, a heavily moustached 52-year-old was watching the move with surprise.

Oil rebels declare war in Nigeria

The main militant group in Nigeria’s southern oil region declared a state of war yesterday after two days of clashes with the armed forces, raising the spectre of a stepped-up conflict in Africa’s oil giant.

Shut up, Borat – the tinderbox of Kazakhstan oil

However, Campbell Keir, Shell’s chairman in Kazakhstan, tells an old joke that illustrates just how dominated the country is by Russia and China: “When a Kazakh wakes up, he opens his eye to the west to see if the bear is growling. If it isn’t, the Kazakh turns his head to the east to see if the dragon is breathing fire. If it isn’t either, the Kazakh gets out of bed.”

Time for multi-dimensional communication with oil companies

Friday, 15 August 2008 GREENWASH: ”SHELL DOES NOT APPEAR TO HAVE LEARNT ITS LESSON” By Guest Author Dr Arlo Brady For the second time in the last couple of years the Anglo-Dutch oil giant Shell has found itself at the heart of the debate about greenwash in advertising. In 2007 Shell ads suggested rather bizarrely that it [...]

FSA fines Credit Suisse £5.6m for deliberate mispricing

The largest fine – £17m – was issued to Royal Dutch Shell for market abuse. The FSA cited Shell’s “unprecedented misconduct” after it mis-stated its reserves.