Shell News Update 29 June 2017

Bonus Group: For a further example of outstanding performance by BG Group Alumni, London Lad need look no further than Sound Energy where the share price has plummeted from £0.935 in February 2017 to £0.0335 December this year. This remarkable performance, however, does not detract from the Directors' and the Senior Managers' whopping salaries and bonuses. One can barely hear oneself think above the slurping and grunting at the trough.

Bogus Group: Interesting news article. “Network Rail are well into devolving and restructuring the organisation so that all activities and roles are closer to passengers in order to drive up train performance”. In 2018, many UK train commuters had a tough time with timetable schedules, journeys that didn’t leave or arrive on-time and delays due to major projects. Could this revival be attributed to the previous chief executive and one of the former Shell and BG Group ‘chosen few’, stepping down from his role?

Bonus Group: To put London Lad's rather naive comments into context. In the final days before the Executive Chairman, Andrew Gould 'pulled the plug' on the whole shooting match, at a Town Hall Meeting, the Chief Operating Officer, Sami Iskander, stood up and announced, to anyone who could be bothered to listen, that the company had spent £200MM assuring work which later cost them £2Bn because it was wrong. An absolutely, stellar performance. The people responsible for this are now deeply embedded within Shell's matrix organisation. An excellent result for the shareholders. Perhaps, a Bridge too Far?

Bonus Group: London Lad, Good to hear from you. I hope that you enjoyed your recent trip to Aberdeen. Having also been employed by Shell, I consider myself fortunate that I was not one of the 'Chosen Few'. The 'Chosen Few' are the most corrupt of the corrupt and will fit in well with your ilk. In respect of the slur about my performance, BG were involved in what can only be described as a stupendous multi-billion dollar technical fraud against Petrobras based upon a corrupt workflow which was both Functionally Approved through their Assurance Team and signed-off by the relevant Discipline Functional Head. They refused to correct their workflow and that resulted in a technical fraud. They tried to make me complicit in this fraud, but I refused. That is called integrity, something which I have no doubt that you know little of. You clearly relish brushing shoulders with fraudsters and liars.

LondonLad: I can only assume from the continuous moaning from “Bonus Group” that he/she was not one of the “chosen few” from the BG group and hence the vindictiveness. Poor performance = limited or no job opportunities which applies to both Shell and ex-BG staff. As a share holder I wouldn’t want it differently.

Bonus Group: Further to Bogus Group's post of Thursday 21st November. BG Group the failed Internet Cafe, cappucino and Belgian chocolate lifestyle company had an established reputation for: constructive dismissal, lack of transparency and corrupt 'do as I say, not as I do' line management. The acceptance of the 'Chosen Few' from BG by Shell into its upper echelons can only lead to further corruption. After all what was on the BG Portal in terms of Company Policy was of course also law, or at least that is what they would have you believe. As employers they were a complete disgrace and the company a complete shambles from top to bottom. Visitors to this site can look forward to more revelations of incompetence in due course as they unfold.

Bogus Group: I was lured by the Michael Coates (Associate General Counsel at Shell) interview by Lawyer Monthly, and the question……. what is the most challenging aspect of your job and how do you overcome this? His response “There are a number of interesting challenges but I will share one internal challenge, the management of our in-house legal team” The acquisition of BG Group and the infiltration of “the chosen few” from that company’s in-house legal team, may have bestowed a challenge he could never have imagined.

LondonLad: Well “Theo” when you say that “I know for sure the following” followed by a former director said “Black Gold we are digging up” then I think perhaps you are making this up. Most directors of an oil company (even including Shell) would not use the word “digging”! “Drilling” or “producing” yes but certainly not “digging” - exception being the muppets in the HR departments perhaps. In addition your last two sentences are irrelevant to the usual attacks on Shell and are somewhat waffle and insulting to most readers here. You clearly have a problem. I await the onslaught!!

Bogus Group: There are normally two sides to every story, but Mike Curless’ version of his termination employment under the pretext of the takeover of BG reorganisation could hold some credence. However, if there was a fair and transparent succession strategy, Sarah Franklin’s self-promotion, see previous post and article, https://www.accdocket.com/articles/tips-and-insights-a-world-class-combination.cfm must have made her a good candidate for one of the “vacant” roles within the Shell legal team. Time will tell if the relevant due diligence was done on Ms Franklin, considering her escapades with a previous company.

Theo Benschop: I know for sure the following. A former director of Royal Dutch Shell had said: it is a simple problem with the Black Gold that we are digging up and selling. All what the government has to do is fix the price of the Black Gold at a level nobody will notice. Maybe add something. But there you have the money to pay for the transition to a more sustainable energy. So actually what everybody wants in the agreements in Paris. Also I know for sure that beloved sister Rep. Ilham Omar was perfectly right in her conclusion that a few guilty criminals did something to create the chaos of nine eleven, so not the rest of the world. So that about 7 Billion simple descendants of the first human beings not being a monkey are supporting her for keep on being the one and only first president of all sovereign or not sovereign United Nations.

jaun carlos: Good day

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Bill Campbell: Caution needed over false almost hysterical claims about current Brent Structures

It was a long time ago but as London Lad highlights in his blog post the onshore disposal of Brent Spar Greenpeace apologised formally to Shell for its claims during that period of intense scrutiny and public interest that the Spar could not be disposed of at sea because it held over 5000 tons of crude oil when in fact it was found to have contained 100 tons of oily sludge much of which was inert silt.

We currently see the emergence again of false and highly emotive claims about what remains in the Brent structures despite Shell and independent published reports being available with assessments of what remains in the cells. These assessments indicate that the environmental impact of leaving these structures in situ is negligible compared to the safety risks to personnel involved in the attempted removal and disposal on land.

Bill

https://www.independent.co.uk/news/greenpeaces-brent-spar-apology-1599647.html

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