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Posts Tagged ‘Royal Dutch Shell Plc’

Shell set for wait to secure $2 bln Cove bid

Tue May 22, 2012 11:53am EDT * Some investors see Shell extending period for offer * Shares currently trading above 220 pence offer price * Risk arbitrage hedge funds own 70 pct of Cove shares By Tom Bergin LONDON, May 22 (Reuters) – Royal Dutch Shell is likely to have to wait to secure its [...]

Shell Oil in Nigeria: A Social and Environmental Disaster

Photo from The Guardian Article: Unloveable Shell: the Goddess of Oil Friends of the Earth International MAY 21st, 2012 SEVENTY THOUSAND PEOPLE ASK OIL GIANT SHELL TO CLEAN UP ITS MESS IN NIGERIA AMSTERDAM (THE NETHERLANDS), May 21st, 2012 – On the eve of the annual general meeting of oil giant Shell, Friends of the [...]

Nigeria: Fishermen Groan As Shell’s Dispersants Cause Damage

By Iniobong Ekponta, 21 May 2012 Uyo — FISHERMEN operating at the Atlantic coastline in Nigeria’s Niger Delta have attributed floating weeds observed in the ocean surface as consequence of oil spills. According to reports by some fishermen and coastal dwellers, massive death of seaweeds could be noticed on the ocean floor from Akwa Ibom, [...]

Shell CEO Peter Voser ignores plea from poisoned former employees

By John Donovan Printed below is an email sent to RDS CEO Mr Peter Voser on 4 May 2012 by a former Shell employee representing former workers at a Shell/Basf Chemicals factory in Brazil. The factory was built in 1977 by Shell. Dozens of former employees of the plant have been diagnosed with prostate, thyroid [...]

Fatal Accident at Motiva Enterprises oil refinery: When a Worker’s Life Is Worth Less Than Dead Fish

In March 2010, Michaels told a Senate panel about Jeff Davis, a boilermaker at the Motiva Enterprises oil refinery in Delaware whose body “literally dissolved” in sulfuric acid after a storage tank explosion in 2001. Motiva was fined $175,000 for the accident, which hurt eight others.  Motiva Enterprises Sulfuric Acid Tank Explosion: Location: Delaware City, [...]

UK Government faces tough questions after intervention to aid Shell in US court case on human rights abuses in Niger Delta

UK Government faces tough questions after intervention to aid Shell in US court case on human rights abuses in Niger Delta Posted: 21 May 2012 UK Government is facing a series of difficult questions after it surfaced that it has chosen to intervene on behalf of Royal Dutch Shell in a major US court case [...]

Out in the Cold – new report on Shell’s plans in the Arctic

Posted on May 21, 2012 by Anna Galkina Shell’s Annual General Meeting tomorrow is unlikely to go calmly. The company’s problems range from anger over excessive executive pay to spills in the Niger delta. At this time, Platform, Greenpeace and FairPensions are putting to scrutiny offshore Arctic exploration as a key direction in the company’s [...]

Shell’s pay plans are ‘excessive’

Oil giant Royal Dutch Shell is set to suffer a backlash from shareholders over executive pay, including a £9.4 million package for its boss. Chief executive Peter Voser took home 11.7 million euros last year – more than double the amount he earned in 2010 – after lucrative long-term incentive plans paid out. 20 May [...]

Shell ‘must act on oil spills’ in the Niger Delta, say campaigners

Shell is sustaining fresh reputational damage over its role in oil spills in the Niger Delta,ahead of its annual meeting tomorrow. By Rob Davies PUBLISHED: 22:22, 20 May 2012 | UPDATED: 22:22, 20 May 2 Shell is sustaining fresh reputational damage over its role in oil spills in the Niger Delta,ahead of its annual meeting [...]

Motiva Reports Emissions at Texas Refinery, Filing Shows

By Moming Zhou – May 20, 2012 6:45 PM GMT+0100 Motiva Enterprises LLC reported emissions at its Port Arthur, Texas, refinery, according to a filing with statement regulators. The emissions started at 9 a.m. yesterday and ended at 9 a.m. today local time, the filing showed. To contact the reporter on this story: Moming Zhou [...]

Shell’s predatory appetite for intellectual property

Shell is notorious for its predatory appetite for the intellectual property of other organizations, its business partners, contractors, etc. Industrial espionage is a way of life at Shell. COMMENT BY A FORMER SHELL OIL COMPANY ENGINEER Another alleged case of IP theft hits Royal Dutch Shell I have a short comment about the company you clearly [...]

Another alleged case of IP theft hits Royal Dutch Shell

By John Donovan Whilst trawling through cases filed against Shell on the U.S. Court system electronic records, I came across a claim filed on 17 April 2012. It is yet another case alleging that Shell has misappropriated intellectual property. Our own problems with Shell arose from the serial theft of ideas we disclosed to the [...]

Shell latest victim of pay backlash

Shareholders in Royal Dutch Shell have been advised to oppose the oil giant’s “excessive” executive pay, which saw chief executive Peter Voser’s total remuneration double to more than £10m last year. By Emily Gosden 7:15PM BST 19 May 2012 Pensions and Investment Research Consultants (Pirc) urged its members to vote down the remuneration report at [...]

The Gripe Site – Royal Dutch Shell vs. Robert Eringer

by LloydBricks May 17, 2012 One consequence of global anger about widespread banking fraud, corruption, and environmental devastation as of late has been the creation of the online ‘gripe site’ such as those by author, blogger and self-proclaimed ‘intelligence adviser’ Robert Eringer, along with the more popular site of Royal Dutch Shell. These are websites [...]

Shell reports release from sulfur unit at Deer Park refinery

Fri May 18, 2012 6:35am EDT May 18 (Reuters) – Shell Oil Co said emergency personnel responded to a release at a sulfur unit at its 327,000 barrel-per-day (bpd) joint-venture Deer Park, Texas, refinery, according to a message posted in a community information line. Earlier, Shell reported shutdown of an unspecified unit at the refinery [...]