Shell is a very macho culture. There is some tokenism with weasel words spoken about the need for diversity – but little action. Voser’s claim that there are not enough talented women available is absurd given Shell’s financial and international strengths. The reality is that Shell was always run by British accountants and Dutch engineers [...]
Posts Tagged ‘Royal Dutch Shell Plc’
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 Environmental and Human Rights Crimes in Brazil
EMAIL RECEIVED BY JOHN DONOVAN Hello John and good-afternoon from Brazil! I don’t know whether you have been told or not but Shell and Basf have come to a judicial agreement and has paid for our rights along with medical assistance for direct former employees and its children for a lifetime. Thank you so much [...]
We can’t find capable women, says Shell
Royal Dutch Shell has admitted it needs more women on its board but pleaded for “patience” as it tried to find suitable candidates. Shell chief Peter Voser told the AGM that it would be “inappropriate” to speculate on the outcome of a European Commission investigation into oil price rigging. Photo: AFP/Getty By Emily Gosden: 7:13PM BST [...]
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% [...]
The scandal of alleged oil price-fixing
The whistleblower gave Halfon a statement in which he said the price of oil was being deliberately distorted: ‘I trade the oil market on a daily basis and every day the price is manipulated,’ he said. ‘There is ample oil in the system to satisfy demand at the moment. Profiteering seems to be the only [...]
Peter Voser AGM comment on price-rigging: the words of a pharisee?
John No doubt you picked this up already. The words of a pharisee (red is mine). And what does he really mean, allegations of manipulation are against everything we believe. So Shell does not believe in allegations? Manipulation is OK?: Extracts from Dow Jones Report THE HAGUE, The Netherlands–The European Union probe into potential [...]
Kulluk grounding: Shell Oil testimony opens Coast Guard hearing in Anchorage
Suzanna Caldwell:May 20, 2013 A subdued Anchorage Assembly chambers turned into a federal courtroom of sorts Monday as members of the U.S. Coast Guard questioned Royal Dutch Shell officials over the grounding of one of its prized Arctic drilling vessels in stormy Gulf of Alaska winter weather. The Coast Guard’s formal marine casualty investigation hearings [...]
Shell feared disaster days before Alaska rig grounding: official
(Reuters 21 May 2013) – Days before a Shell drillship went aground in the storm-tossed Gulf of Alaska, it was clear that towing failures could spell disaster for the vessel, the crew and the marine environment, a company official told a U.S. Coast Guard panel on Monday. Other probes may result in civil or criminal [...]
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 [...]
Price-fixing investigation targeting Shell, BP, and StatOil
John, Your readers may find the following links interesting in view of the latest allegations regarding Royal Dutch Shell, BP, StatOil, and perhaps others: Racketeer Influenced and Corrupt Organizations Act - Wikipedia, the … en.wikipedia.org/…/Racketeer_Influenced_and_Corrupt_Organizations_… This law-related article does not cite its references or sources. You can help Wikipedia by including appropriate … Summary - RICO predicate offenses - Application of RICO laws - Famous cases [...]
Shell directors face up to 5 years in jail if guilty of price-fixing
By John Donovan Assessment of current situation in the price-rigging investigation partly based on an articled published today by The Lawyer today under the headline “All eyes on energy“: Royal Dutch Shell is being advised by Clifford Chance in relation to the allegations of price-fixing. Competition lawyers say that the investigation could be “bigger than [...]
Groningen Exxon/Shell gas fields – the Dutch earthquake zone
By Anna Holligan BBC News, The Netherlands As earthquakes become more intense and more frequent in the north of the Netherlands, there is mounting pressure on the government to reduce the amount of gas being extracted there. It is a curse for thousands of inhabitants having to cope with the effects of living amid the [...]
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 [...]
EU oil price probe underlines flawed system
FINANCIAL TIMES By Ajay Makan and Javier Blas in London: May 17, 2013 5:48 pm In simultaneous raids this week on the offices of the oil majors BP, Royal Dutch Shell and Statoil of Norway, and Platts, a leading price reporting agency that helps set energy benchmark prices, the European Commission has fired the starting [...]
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