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Posts Tagged ‘Simon Henry Shell’

Nigeria: Shell Rules Out Divestment in Nigeria, Others This Year

Article by Daniel Adugbo published 1 May 2015 by AllAfrica.com Shell Rules Out Divestment in Nigeria, Others This Year Royal Dutch Shell said yesterday it had reduced its expected 2015 capital expenditure (capex) to $33 billion from $35 billion as the company continues to adjust its business to the lower oil-price. Releasing its first-quarter results […]

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 […]

LNG deal ushers in tighter Shell spending regime

In a separate announcement on Thursday, Shell revealed that Voser, who surprised investors last year with news of his early retirement, will be repatriated to his native Switzerland, where he will work for the local subsidiary on his full group chief executive pay and with a full pro-rata bonus. Thu Jan 2, 2014 11:02am EST […]

Shell shock as new boss is appointed

ROYAL DUTCH SHELL sprang another surprise on the City yesterday by naming its head of refining Ben van Beurden as its new chief executive to succeed Peter Voser next January. Published: Wed, July 10, 2013 Dutchman Van Beurden, 55, who has been with the Anglo-Dutch oil giant for 30 years but only appointed to the […]

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 […]

THE RACE FOR VOSERS JOB

With regard to your most obvious rivals, Simon Henry seems to be a very intelligent, competent executive, but comes with the baggage of his starring role in the reserves scandal. I published our verdict. Based on my strange experience of communicating with Marvin Odum via RDS Plc Company Secretary Michiel Brandjes, I reached the conclusion […]

Briton tipped to run Shell for first time in a decade as Voser steps down into retirement

Chief financial officer Simon Henry was made the front-runner by bookmaker Paddy Power, despite saying it would be ‘inappropriate’ to discuss his candidacy. The Anglo-Dutch firm has not had a British boss since Sir Philip Watts left in disgrace in 2004 after Shell overstated its oil reserves. By Rob Davies: PUBLISHED: 22:14, 2 May 2013 […]

Shell rapped by Norway’s offshore safety watchdog

By John DonovanSeems from an article just published by upstream.com that little has changed in Shell’s notorious “Touch F*** All” approach to protecting the lives of its offshore workers. Apparently the corner-cutting bean counter duo now running the show – Peter Voser, and his sidekick Simon Henry – are following the same path. They do […]

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 […]

Simon Henry feared Shell would ‘score an own goal’ on reserves

Simon Henry was at the heart of what was going on, conveying reserves data to the market while dealing with colleagues engaged in the fraud. We have to assume that none of them confided in him and that he was an innocent dupe. He was asking questions about accuracy of the reserves information, but some […]

Why Shell does not sue the Donovans

By John Donovan I know that many people must be baffled why Shell does not take legal action against us bearing in mind that some articles authored by us may appear rather forthright.  The reason why we are not buried in Shell injunctions is because of meticulous research to ensure we can substantiate in court […]

Shell bullish on China shale gas

Thu Apr 26, 2012 7:40am EDT * Shale gas seen economic in China * Govt policy, not geology more likely to determine pace By Tom Bergin LONDON, April 26 (Reuters) – Royal Dutch Shell gave a bullish outlook for the development of shale gas in China on Thursday, saying the Anglo-Dutch oil major’s drilling there […]

Shell bosses cash in with shares plan sharing £54.5m between 19 senior staff

By Rob Davies PUBLISHED: 22:18, 15 March 2012 | UPDATED: 22:18, 15 March 2012 Shell’s top brass doubled their money in 2011 as the firm’s performance triggered generous share awards under an incentive scheme that has since been scrapped. Nineteen senior staff shared £54.5m compared to £26.9m last year, while they also picked up pension […]

PIGS AT THE TROUGH: PETER, MALCOLM AND SIMON

Shell management see pay double to $86m

Directors and senior management at Anglo/Dutch oil giant Royal Dutch Shell saw their total pay ore than double in 2011 to $85.7m (£54.7m). By Jonathan Russell, Assistant City Editor: 11:44AM GMT 15 Mar 2012 The company put the jump down to the “high performance gearing” in its remuneration package. Total pay jumped from $42.3m to […]

Shell voices long-term concerns over Europe as profits double

By Emma Rowley EUROPE’S failure to cultivate growth is a bigger worry for oil and gas major Royal Dutch Shell than the region’s current sovereign debt crisis. The Anglo-Dutch company has cut its support of European projects to just 15pc of its total investment spend, which it puts at $100bn (£62bn) over four years. Shell […]

Shell looks to North Sea as European investment cut

MARK WILLIAMSON 28 Oct 2011 ROYAL Dutch Shell said it would curb investment in Europe where it expects the economy to stagnate, but made clear it would still spend in the North Sea. Announcing bumper profits driven by high oil prices, the oil and gas giant said it will shift a growing share of its […]

OIL GIANT ROYAL DUTCH SHELL PROFITS BONANZA

By David Cralk: Friday October 28,2011 OIL giant Royal Dutch Shell unveiled a doubling in profits ­yesterday thanks to higher prices as it vowed to slash European investment because of economic fears. Chief executive Peter Voser said the group was making good progress as it reported third-quarter profits of $7.2billion (£4.5billion) for the period to […]

Royal Dutch Shell plc — 2010 Annual Publications — Simon Henry, Chief Financial Officer

httpv://www.youtube.com/watch?v=jNbEQnV8_3Y&feature=youtube_gdata_player

Royal Dutch Shell Iranian treachery

Royal Dutch Shell is once again funding a fanatical regime intent on the extermination of the Jewish people. Iran is bent on developing nuclear weapons to destroy Israel, finishing the job that Shell’s former Nazi partners embarked upon, killing millions of Jews in the Holocaust. By John Donovan According to a Reuters article published on […]

Shell profits flow faster as oil prices rise and new ventures deliver

Canadian oil sands field starts production and projects are planned in the Gulf of Mexico – where BP’s Deepwater disaster has so far cost Shell $115m Tim Webb: Friday 29 October 2010 Trucks carry loads of oil-laden sand in Alberta, Canada, where Shell has 13 projects scheduled to come on stream. Photograph: Jeff Mcintosh/AP Shell […]

Royal Dutch Shell writes off $1B in oilsands assets

Royal Dutch Shell is assigning higher priority to its Carmon Creek in situ project near Peace River and its ongoing expansion at the Athabasca Oil Sands Project near Fort McMurray, said chief financial officer Simon Henry. Photograph by: BEN STANSALL, AFP/Getty Images CALGARY – Royal Dutch Shell is writing off about $1 billion in oilsands […]

Royal Dutch Shell confirms that it is continuing to trade with Iran

Shell studies oil trade impact of EU Iran sanctions By Alex Lawler LONDON | Thu Oct 28, 2010 7:47am EDT (Reuters) – Royal Dutch Shell Plc (RDSa.L) said it would assess any impact of European sanctions on its oil trade with Iran and had stopped some activities there following tougher U.S. measures earlier this year. […]

Shell May Invest $1 Billion a Year in China, CFO Says

Royal Dutch Shell Chief Financial Officer Simon Henry (said the Hague-based oil producer is looking at jointly expanding its gas acreage in mainland China with PetroChina Co. Photographer: Jock Fistick/Bloomberg By Bloomberg News – Sep 14, 2010 12:07 PM GMT+0100 Royal Dutch Shell Plc, Europe’s biggest oil company, may invest $1 billion a year in China should two […]

Shell Widens Talks On Sale Of European Refineries

Shell Stanlow Refiney THE WALL STREET JOURNAL APRIL 28, 2010 LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSB.LN) is still in talks with Essar Oil Ltd. (500134.BY) over the sale of three of its European refineries, but the company has also initiated talks with other parties, Chief Financial Officer Simon Henry said Wednesday. Other potential buyers […]

Shell, Total Step Up Reliance on Gas as Access to Oil Declines

April 26 (Bloomberg) — Royal Dutch Shell Plc and Total SA are among energy producers shifting the balance of their production toward natural gas as oil-rich countries clamp down on access and deposits become easier to tap.

Shell Says Criticism Of Venezuela Was ‘Misunderstanding’

THE WALL STREET JOURNAL By Dan Molinski Of DOW JONES NEWSWIRES MARCH 18, 2010, 9:28 A.M. ET CARACAS (Dow Jones)–Royal Dutch Shell PLC (RDSB) moved Thursday to clear up what it calls a “misunderstanding” regarding sharply critical remarks of Venezuela reportedly made by one of the oil company’s top officials. Shell on Tuesday said international […]

Shell workers left wondering if latest round of redundancies will be the last

Aberdeen Shell jobs look safe in latest culling Further 1,000 positions to be shed By Keith Findlay Published: 17/03/2010 SHELL jobs in the north-east look to have been spared the axe in the latest round of cuts at the oil and gas giant. It emerged yesterday that a further 1,000 positions globally are going, on […]

Not much time for Shell to lick BP inflicted wounds

The Times // <![CDATA[// -1?’https:':’http:'; var WlUrl= WlProtocol +’//rc.newsint.newscorp.individuad.net/Get/newsint/JS/GetRcmd.js?ord=’ +WlRnd; document.write(”); // ]]> // <![CDATA[// January 14, 2010 Business big shot: Simon Henry, of Royal Dutch Shell Emma Keens After being knocked off the top spot as Europe’s largest oil and gas producer by market capitalisation this week, Shell executives did not get much time […]