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Posts under ‘Ben van Beurden’

Shell Spreads Its Bets Around as It Prepares for a Greener Future

Shell closed a deal to buy First Utility, a British energy company that owns neither power plants nor gas pipelines, in March. CreditTom Jamieson for The New York Times

By Stanley Reed

COVENTRY, England — There seems to be little about the scrappy energy company in central England that would appeal to Royal Dutch Shell, the button-down oil giant. The little company, First Utility, is an upstart challenger. It offers friendly customer service, and low prices on electricity and natural gas. But it doesn’t own any power plants or gas pipelines; First Utility is a virtual energy company — the product of technological advancement and deregulation. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Carl Mortished: Higher pay for top bosses doesn’t deliver better results

CARL MORTISHED: 16 MAY 2018

It’s a sure sign of confidence: people are getting angry about the boss’s pay. When tumble weed blows down Main Street, no one complains about the trough in the boardroom. Envy doesn’t sit well with fear but the sun is shining on Royal Dutch Shell’s corporate livery, the share price is buoyant and cash overflowing. A shareholder advisory organisation is complaining about the €9 million (£7.9 million) pay of Ben van Beurden, Shell’s chief executive. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

More investor rebellions brew as BP and Shell bosses’ pay comes under fire

Alys Key: Retail and leisure reporter: Tuesday 15 May 2018

More shareholder rebellions are brewing as a summer of AGM revolts gets underway, with oil and gas companies the latest to face the music. Shareholders in BP are being urged to vote against the “unacceptable” pay of chief executive Bob Dudley, whose remuneration is 48 times higher than the company’s average employee. Advisory service Pensions & Investment Research Consultants (Pirc) advised shareholders to oppose the company’s remuneration report at the annual general meeting on 21 May. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell Faces Shareholder Outcry Over Incident That Killed 200

BY Kelly Gilblom: 14 May 2018, 12:02 BST

Royal Dutch Shell Plc will face difficult questions at its annual general meeting next week after an investor-advisory group urged shareholders to challenge executive pay and the company’s response to a fatal accident in Pakistan. 

Institutional Shareholder Services Inc., an influential adviser on corporate governance, has recommended investors reject Shell’s pay report at its AGM on May 22, saying it was initially “silent” on the Pakistan incident. ISS also said it could only offer “qualified support” to the re-election of the independent director looking after corporate social responsibility.  read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell boss Ben Van Beurden facing a shareholder revolt over his £7.8m pay packet

The boss of oil giant Shell is facing the threat of a revolt over his £7.8million pay packet.

Institutional Shareholders Services, a leading investor advisory group, is recommending that Ben van Beurden’s pay is voted down at the annual general meeting later this month.

ISS said it also wants more information about how the 60-year-old’s bonus was affected by an incident in Pakistan in 2016, when a fuel tanker operated by a Shell Pakistan contractor exploded, killing more than 200 people. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell faces new revolt as chief’s €9m pay stirs investor concern

 and  in London: 13 MAY 2018

Royal Dutch Shell is facing the threat of a shareholder rebellion against its chief executive’s €9m annual pay packet, piling further pressure on the energy group which was already braced for a clash with investors this month over climate change.  Institutional Shareholder Services, the advisory firm whose recommendations influence votes at annual meetings, has urged investors to reject Shell’s 2017 remuneration report, citing concerns about high payouts and safety issues.  Ben van Beurden, chief executive, received €8.9m last year… FULL FT ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Champagne bottles to be uncorked at Shell HQ

Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad

Shell is hoisting arch-rival ExxonMobil in the neck

Bert van Dijk • Entrepreneurship: 

A few more weeks and the champagne bottles can be uncorked at Shell headquarters. Then the British-Dutch oil and gas multinational for the first time in decades again greater in terms of market value than arch-rival ExxonMobil. At least, if the current price development at both companies continues at the current rate.

Where Exxon has had to deal with setbacks that have affected production, results and returns in recent years, investors are actually charmed by Shell’s growing cash flow, his lucrative oil and gas projects in the deep sea near the US and Brazil, the big financial discipline and cost savings. Important also: an announced share repurchase of $ 25 billion in the period up to the end of 2020. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Dirty Shell

Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele DagbladRoyal Dutch Shell and ExxonMobil each own a 50% share in NAM, the company responsible for the earthquake blighted Groningen Gas Field and consequential potential bill for untold billions in damages to effected residences.

We thank scarce technical talent for a career at ‘dirty’ Shell

Van Beurden emphasizes time and time again that Shell wants to be a company that not only pleases its shareholders, but also has an eye for a changing society. But at the same time it has to do with green activism among shareholders, a climate law case of Milieudefensie, allegations of corruption in Nigeria and, through NAM, co-responsibility for the Groningen earthquakes.

Johan Leupen: Bert van Dijk • Economics & Politics

The status of Shell as a favorite employer for technical students is a thing of the past. Young, highly educated technicians often prefer sustainable companies. They do not want to work for a company that uses old energy sources such as oil and gas.

This is evident from a tour of technical students and headhunters. ‘We see that companies such as Shell have been particularly troublesome,’ says Joost Fortuin, director of recruitment and headhunting agency Page Group Nederland. ‘Many technicians from Delft do not want to identify themselves with this type of companies anymore. You do not contribute to a better, more sustainable world. ‘ read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell spying and surveillance operations

Guardian Newspaper article 5 November 2015

Extracts from the ebook “John Donovan, Shell’s Nightmare” (now available on Amazon websites globally)

The extract below makes a reference to “Mr Hoots”, an American associated with the U.S. Intelligence community who became involved in the Shell/Donovan litigation, while falsely claiming to be on a journalistic assignment on behalf of Business Week magazine. It seemed obvious from his extensive activities on the case that an unknown party with very deep pockets was funding his false flag mission.

Extracts from pages 108 & 109

Mr. Hoots came to the UK specifically to gather information about my case against Shell and incurred substantial costs. He never approached Shell to find out their side of the story, only my solicitor, my witnesses and me. He never published an article. He used false pretences when speaking to all of us and gained access to an array of documents. I later found out that his modus operandi was entirely in keeping with the common method of operation by undercover agents engaged in corporate espionage. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell profits soar on stronger oil prices

Ron Bousso: APRIL 26, 2018

LONDON, April 26 (Reuters) – Royal Dutch Shell on Thursday reported a 42 percent rise in profits in the first quarter of 2018, the highest in over three years, boosted by higher oil prices and beating analysts’ expectations.

Net income attributable to shareholders in the quarter, based on a current cost of supplies (CCS) and excluding identified items, rose to $5.322 billion from a year ago, compared with a company-provided analysts’ consensus of $5.277 billion.

A year ago, net income was $3.754 billion. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Big Oil Bids to Burnish Credentials in War on Climate Change

The world’s biggest oil companies, for long typecast as villains of climate change, are seeking to reinvent themselves as environmental pioneers. “We’re not going to be sitting back and say let’s see what society does and we’ll follow that,” said Ben van Beurden, chief executive officer of Royal Dutch Shell Plc. “We’re more than prepared to be assertive and lean forward and say: ‘This is what it takes.”’ Irked by a shareholder resolution that would force Europe’s largest oil company to create specific emissions targets, the CEO took the unusual step of engaging with five reporters on Monday about Shell’s vision for a decarbonized world. Not only is Shell implementing its own, much stronger, measures to manage the energy transition, according to Van Beurden, but it can also drag the rest of the world along with it. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell’s Climate Liability Threat Goes Global

Apr. 16, 2018 12:44 PM ET

Summary

  • A Netherlands environmental NGO has threatened to bring yet another climate change lawsuit against Royal Dutch Shell if it does not fundamentally change its business operations.
  • While multinational corporations are constantly being threatened with legal action, this specific one is unique.
  • It has the hallmarks of recent climate lawsuits against Shell in the U.S., but would be based in a court system that has mandated stricter climate policy before.
  • FULL ARTICLE
  • read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

    Shell CEO asks investors to reject shareholder vote on emissions

    Apr. 16, 2018 11:41 AM ET|By: , SA News Editor

    Royal Dutch Shell (RDS.ARDS.B) urges shareholders to oppose a resolutionfrom activist investors that would hold the company to firm targets for cutting carbon emissions, even as it reiterates its commitment to fighting climate change. Climate activist Follow This is offering a resolution for Shell’s May 22 annual general meeting urging the company to set more aggressive targets aligned with the Paris climate deal goal of limiting global warming to “well below” 2 degrees Celsius. “We will not be tied to an approach that potentially moves too quickly or too slowly to this transition,” says CEO Ben van Beurden. “If society finds a way to go faster, we will go faster… but we cannot do it single-handedly.” FULL ARTICLE read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

    Shell defends climate strategy in clash with investors

    Ron Bousso

    LONDON (Reuters) – Royal Dutch Shell defended its ambition to cut carbon emissions on Monday, urging investors to oppose a shareholder resolution arguing that the oil and gas giant is not doing enough to meet international targets to tackle climate change. The Anglo-Dutch company, like many of its peers, has faced growing investor pressure to address the need to reduce fossil fuel burning, forcing it to seek a delicate balance with a need to secure growing returns from its traditional business. FULL ARTICLE read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

    Shell’s CEO Tells Activists and Investors: Trust Me to Cut CO2

    Chief Executive Officer Ben van Beurden has the same message for activists seeking to bind Royal Dutch Shell Plc to deep emissions cuts, and investors concerned about the merits of shifting away from oil and gas: Trust me. He advised shareholders on Monday to reject a resolution from climate group Follow This that would set clear targets for the company’s greenhouse-gas emissions, more specific than its current broad “ambition.” He also reiterated his intention for Shell to make most of its money from clean energy in 20 years, such as renewables, hydrogen or carbon capture in 20 years. FULL ARTICLE read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan

    Shell is truly a dark malevolent force

    I genuinely believe that Ben van Beurden is a decent man and appears to have a good heart, but his weakness in dealing with the army of internal rogue corrupt dictators and getting control of the HR mafia has already cost him his legacy.

    MORE SHELL BLOG COMMENTS ABOUT THE BILL CAMPBELL ARTICLE: Stunned and outraged by Shell’s denouncement of Peter Robinson

    Yet Another Concerned Employee
     
    Behind the glossy facade of its brightly coloured filling stations and shiny reflective glass towers, Shell is truly a dark malevolent force. It is not only the Church of the poisoned mind, but also home to the parasitic mind which snatches thoughts from others and presents them as its own. Experience and being correct are not recognised, only ‘Process’. Many, through either bitter experience, incompetence or ignorance have learned to hide behind process and can no longer think for themselves. Merit is trodden under heel into the mud. Often one bad decision after another results in a predictable squandering of shareholders’ money, not by the millions or tens of millions of dollars, but by the hundreds of millions of dollars. Lessons learned are written down then forgotten as the machine moves forwards. This is rewarded by large bonuses. Reality plays little part in the daily running of the business, the public image of the ‘Brand’ must be protected at all cost. read more

    royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, shellnews.net and cybergriping.com are all owned by John Donovan
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