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 [...]
Posts Tagged ‘Simon Henry Shell’
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 Ł54.5m 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 Ł54.5m compared to Ł26.9m last year, while they also picked up pension [...]
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 (Ł54.7m). 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 (Ł62bn) 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 (Ł4.5billion) for the period to [...]

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