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Posts under ‘Walter van de Vijver’

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 […]

10th ANNIVERSARY OF ROYAL DUTCH SHELL RESERVES SCANDAL

Since Royal Dutch Shell has apparently forgotten to mark the tenth anniversary of news breaking on 10 January 2004, that Shell had cooked its books by wildly inflating its claimed oil and gas reserves, it seems appropriate for me to do so on Shell’s behalf. The then Shell Group chairman, Sir Philip Watts was forced […]

Workers Evacuated Following Blowout on Rig

by  Karen Boman: July 23, 2013 Forty-seven workers were evacuated from the jackup Hercules 265 (250’ MC) offshore Grand Isle, Louisiana following a blowout Tuesday, according to media reports. Efforts to regain control of the A-3 natural gas well at South Timbalier Block 220 that experienced a blowout are underway, rig owner Hercules Offshore said […]

In the new Shell to lie is acceptable unless your found out

The crisis in my book, and we are far from the endpoint in this, is that RDS officials lied in that the decision to move Kulluk was not related to tax avoidance when it was.  Perhaps that is why the RDS CEO has taken a closer interest in his family and the sustainability of his […]

Ahead of Trial, Talk of a BP Settlement in 2010 Oil Spill

A BP cleanup crew removing oil from a beach in May 2010 in Port Fourchon, La., after the Deepwater Horizon disaster. Photo Credit: John Moore/Getty Images By BARRY MEIER and CLIFFORD KRAUSS: A version of this article appeared in print on February 24, 2013, on page A17 of the New York edition With a major […]

Starring Role of Shell CFO Simon Henry in Reserves Scandal

By John Donovan On 13 March 2009, the FT published an article about Simon Henry, who was about to become Chief Financial Officer of Royal Dutch Shell Plc. It said that he had survived the Shell reserves misreporting scandal with his reputation intact. On the basis of irrefutable Shell internal evidence, we take issue with that […]

Verdict on Royal Dutch Shell CFO Simon Henry

Shell internal email correspondence irrefutably proves that Simon Henry was aware in March 2002 that “reserves bookings were made that should not have been made”. Walter van de Vijver, the “sick and tired” Chief Executive of Shell EP, gave the information directly to him. As can be seen in the email, Walter van de Vijver aggressively […]

Desperation led to Shell’s plotting to exploit 9/11 attacks

BUILD UP TO SHELL RESERVES SCANDAL: Comments by leading Shell execs: “…the market will want to know whose head is going to roll for what they will see as blatant deception.”; “this is potential dynamite for management credibility and the share price”; “…how you have to break the detail of this news in September, assuming […]

9/11 Terror Attack and the Shell Reserves Scandal

By John Donovan On Friday we published an article revealing Shell internal email correspondence, which provided proof that three weeks after the 9/11 terrorist attack on the USA, Shell executives were considering how Shell could exploit the horrific event for commercial reasons. As can be seen from the correspondence, the objective was to “buy us […]

Simon Henry and the reserves time bomb

Were they aware that Simon Henry was a key player, as Head of Global Investor Relations, in dealing with the reserves data and actually had responsibility to ensure the quality/accuracy of the data before it was disclosed to analysts and investors? As we all know, it turned out that some of the data was not […]

Candid testimony of Simon Henry about disgraced Shell EP Boss Walter van de Vijver

As can be seen in his testimony, Simon Henry deliberately limited the amount of time that Walter van de Vijver spent with UK and US investors, almost as if there was something to hide? Wonder what current Shell investors will make of that revelation? An insight into how Mr Henry thinks shareholders can be manipulated […]

Candid testimony of Shell’s Simon Henry about Sir Philip Watts

Q: Do you like Mr. Watts personally? A: It was difficult to like Phil.  He was not a guy you go for a beer with. …he was still running with that chip on his shoulder… He was a guy from the wrong side of the tracks. Candid (some might say indiscreet) testimony of Simon Henry […]

How Shell’s Move To Revamp Culture Ended in Scandal

FROM OUR NOVEMBER 2004 SHELL NEWS ARCHIVE How Shell’s Move To Revamp Culture Ended in Scandal: “The root of the problem, however, goes significantly further back than Sir Philip’s reign, which began in 2001”: “These deeper roots are significant because the company has yet to make a full break with its past. Mr. van der […]

Watchdog’s bark far worse than its bite

From our November 2005 Shell News Archive The Times: Watchdog’s bark far worse than its bite “In the Shell case, the FSA had plenty of evidence of a conspiracy at the highest level against the interests of shareholders. The company’s own investigation unearthed compelling e-mail evidence, not least former exploration director Walter van de Vijver’s […]