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Peter Voser

Insiders Perspective on Shell VP Arjen Dorland

Royal Dutch Shell VP Arjen Dorland

Royal Dutch Shell VP Arjen Dorland

One of few respected IT-illuminati, shortly before he retired, suggested that Dorland was a bit of an animal if not held on a tight leash…

From a Shell Source

Amusing to see Arjen Dorland extolling the virtues of technological enablement of exploration within Shell especially given his limited engagement with and knowledge of this part of the business. One suggests that there is an ulterior motive here and one worth going through in detail. It’s been noted on here previously how Arjen Dorland first rose without trace at the start of the millennium in the battered Shell IT organisation, having originally been identified as a JG 1-2 maximum level employee (the Shell system, as we all know, sets CEP levels for all its staff and this system is rigorously enforced by the myriad HR managers that Shell homes and encourages). He remains to this day intensely bitter about that initial positioning and it explains his character and motivation to a ‘T’. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell’s new pay structure criticised

Peter Voser

Peter Voser

Extract from a Financial Times article by Michael Kavanagh published 20 May 1014

A sharp fall in the pay of outgoing chief executive Peter Voser last year failed to quell discontent among some investors at Royal Dutch Shell over rewards offered to its top staff.

FULL ARTICLE

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Convulsions in Irish Justice Dept and Policing

RESIGNED: Justice Minister Alan Shatter and Garda Commissioner Martin Callinan.

RESIGNED: Justice Minister Alan Shatter and Garda Commissioner Martin Callinan.

The creators of the mould-breaking TV comedy Seinfeld adopted two rules: no hugging, no learning. We need to apply those rules to our current episode of the dark farce of Irish “reform”. Of course, the details should be properly investigated but on the larger scale, there is nothing new to be learned here. The new inquiries will find what the old ones found: a culture in the Garda, Department of Justice and in the State as a whole of burying unwanted truths. 

By John Donovan

The convulsions in Ireland arising from the resignations of the Police Commissioner and the Justice Minister continue, with the Irish Cabinet discussing terms of reference for an inquiry into Garda cases.

Extracts

The Minister said the external review of the Department will be completed before the Dáil and Seanad rise for the summer recess. “I have committed to root and branch reform of the administration of justice in this country and this includes the Government Department responsible for this area.” In addition, the Cabinet resolved to urgently bring forward new legislation to strengthen the operation of the Garda Síochána Ombudsman Commission. Ms Fitzgerald further said that the new Independent Garda Authority will be up and running by the end of the year. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Bowing to Putin

Shell's Ben van Beurden bows to Putin on Good Friday, 18 April 2014

Shell’s Ben van Beurden bows to Putin on Good Friday, 18 April 2014

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By John Donovan

I have checked and thus far have been unable to find any photographs of Rex Tillerson (ExxonMobil) or Robert Dudley (BP) bowing in the slightest to Putin. It seems that only Royal Dutch Shell executives, Jeroen van der Veer, Peter Voser, and Ben van Beurden, have been prepared to stoop that low.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Ben van Beurden dragged into Irish Cops Bribery Scandal

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By John Donovan

Printed below are self-explanatory extracts from an email I sent on 16 April to Johan Groenewald, the senior officer at the Garda Ombudsman Commission investigating allegations made by OSSL about Shell corrupting the Irish police force.

I am arranging  for OSSL directors to attend the Royal Dutch Shell Plc Annual General Meeting in May, as they did last year (as reported in The Observer).

Extract

The Donovans had secured places for Kane and Rooney at Shell’s annual meeting last month, to raise their grievances. Cornered, the company’s CEO, Peter Voser, suddenly ordered a further inquiry, a move echoed by the Garda. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell’s UK corporation tax bill tumbles

Screen Shot 2014-04-10 at 00.19.29Extracts from an article by ROB DAVIES published 9 April 2014 by This is Money.co.uk under the headline: “Shell’s UK corporation tax bill tumbles by nearly 90 per cent as company invests more in North Sea and production declines”

Shell’s UK corporation tax bill tumbled by nearly 90 per cent to just £55.5m last year, as the company invested more in the North Sea and production declined. Shell’s UK bill fell from £487m last year to £55.5m, less than it paid in Nigeria, Norway, Australia, Malaysia, Canada and Italy.

Shell’s public image was tarnished last week by a report from the US Coastguard which criticised readiness for Alaskan Arctic drilling. …the US Coastguard assessment of Shell’s preparedness was rather more cutting. The report criticised the plan for towing the Kulluk, saying Shell showed a ‘lack of respect’ for the conditions. It also said Shell’s decision to tow the Kulluk to Seattle amid rough winter seas was partly motivated by a desire to cut tax, something former boss Peter Voser denied. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Oil Boss Marvin Odum Should Resign after Alaskan Debacle

Screen Shot 2014-04-04 at 18.33.20Now we have further confirmation that Shell was trying to dodge a multimillion tax bill. This time confirmation comes from the findings of an investigation by the Coast Guard division of US Homeland Security. There are going to be more Royal Dutch Shell executives looking for alternative employment… And Marvin Odum, Shell’s boss in the USA, should be top of the list.

By John Donovan

After Shell’s Arctic ambitions hit the rocks at the end of December 2012, Shell initially conceded that the ill-fated Kulluk drilling rig had left port under tow to avoid taxes.

Shell then backtracked. Shell’s chief executive Peter Voser rejected accusations that tax issues were a factor in the move.

We subsequently had confirmation from one of the honest people at Shell, Sean Churchfield, its operations manager in Alaska, that the first admission was correct. The Kulluk had indeed left port in order to avoid “millions” in annual state taxes. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Peter Voser regrets on unconventional oil and gas

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Peter Voser said the failure of Royal Dutch Shell’s huge bet on US shale was a big regret of his time as chief executive of the company. Shell has invested at least $24bn in so-called unconventional oil and gas in North America. But it is a bet that has yet to pay off. “Unconventionals did not exactly play out as planned,” Mr Voser said.

From an oil industry expert: Unconventional Oil and Gas

The following is an extract from an article by Guy Chazan published on 6 October 2013 by the Financial Times under the headline: “Peter Voser says he regrets Shell’s huge bet on US shale

Peter Voser said the failure of Royal Dutch Shell’s huge bet on US shale was a big regret of his time as chief executive of the company. Shell has invested at least $24bn in so-called unconventional oil and gas in North America. But it is a bet that has yet to pay off. Its North American upstream business has struggled to turn a profit and in August Shell announced a strategic review of its US shale portfolio after taking a $2.1bn impairment. “Unconventionals did not exactly play out as planned,” Mr Voser said. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The scandal of Corporate bonuses, and why they continue:

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Screen Shot 2014-01-03 at 14.32.05Extract from an informative article by former Royal Dutch Shell senior executive, Paddy Briggs, published 27 Feb 2014

Seven-figure bonuses are common across the corporate world – at the very top of course! Here, for example, is what “The Guardian” reported about the remuneration of Peter Voser the then top man in Shell just under a year ago:

“Royal Dutch Shell Chief executive Peter Voser received a €3.3m (£2.8m) cash bonus in 2012, a year in which the Anglo-Dutch oil group reported a fall in profits from $28.6bn to $27bn. The bonus took his total salary package to €5.1m, down from €5.2m the previous year.” read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Ben Van Beurden’s plans overshadowed by Peter Voser’s £22m pay deal

Screen Shot 2014-01-03 at 14.32.05Extracts from an article by ROB DAVIES published on 14 March 2014 by The Daily Mail newspaper under the headline: “Shell boss Ben Van Beurden’s plans for the company are overshadowed by former boss Peter Voser’s £22m pay deal”

Shell boss Ben van Beurden’s grand plan to spruce up the oil giant has been overshadowed by criticism of his predecessor’s £22million two-year pay deal. The Dutchman set out a blueprint that will see Shell shrink its North American shale operations and improve efficiency by focusing on individual projects and businesses. But some investors seized on the fact that former boss Peter Voser earned £22million over two years – including a £1.5million bonus for 2013, a year that ended with the group’s first profit warning in a decade. One veteran City fund manager said: ‘Van Beurden said the 2013 performance was not what he expects from Shell. That begs the question of why any bonus was paid at all.’ read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Former Shell boss’s pay halved after poor performance

Extracts from a Reuters articled published Thursday 13 March 2014

Screen Shot 2014-01-03 at 14.32.05(Reuters) – The pay of Royal Dutch Shell’s former chief executive, Peter Voser, halved to $11.24 million last year following what the company described as a disappointing performance. Shell suspended its controversial Arctic drilling programme earlier this year and pledged to cut spending and streamline operations following disappointing earnings in the fourth quarter of 2013 that were the least profitable for five years. “The business performance in 2013 was disappointing. This is reflected in the reward outcomes for the year,” Shell’s head of remuneration committee Hans Wijers said on Thursday. The company said it had also trimmed the base salary of new chief executive, Ben van Beurden, to reflect shareholder sentiment. He will receive a base salary of 1.4 million euros ($1.95 million) compared with Voser’s 1.64 million euros. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Former Shell chief paid £22m over two years despite profit warning

Article by Terry Macalister published by TheGuardian.com Thursday 13 March 2014

Annual report reveals how Peter Voser made enormous gains through share awards and other performance-related bonuses

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Former chief executive Peter Voser left Shell at the turn of the year. Photograph: Guido Benschop/AFP/Getty Images

Shell paid former chief executive Peter Voser £22m over two years even though there was a profit warning soon after he left and his successor says the business has failed to perform as strongly as it should have done.

The 2013 annual report published on Thursday shows that Voser, who left at the turn of the year, received total remuneration of just over £7m last year and almost £15m in 2012. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Royal Dutch Shell Uncertainty in Ukraine

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*Three days after Russian diplomats assured the West that Russia will not invade Ukraine, Russia … invaded Ukraine.

Photo Credit

By John Donovan

Screen Shot 2014-02-10 at 16.29.29In 2012 Shell won a license to start commercial production at the Yuzivska gas field in eastern Ukraine. A year ago then Royal Dutch Shell CEO Peter Voser signed a contract to drill for natural gas in Ukraine.

In January of this year, following negotiations between RDS Chairman Jorma Ollila and the then Prime Minister of the Ukraine, Shell expanded its plans for the Ukraine.

All of these deals were agreed while Viktor F. Yanukovich was President of the country.

Unfortunately for Shell the corrupt President is now deposed and hiding in Russia under the protection and control of Putin. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Intrigue over unexplained sudden exit of Shell legal chief Peter Rees QC

Extract from article published 24 Feb 2014 by Legal Week under the headline: “Former Shell legal chief Peter Rees QC to return to private practice”

Screen Shot 2014-02-10 at 16.29.29One source close to the matter said: “Only three people at Shell know the reason behind his exit: Peter, Ben and (chief human resources and corporate officer) Hugh Mitchell. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Sinister Events In Ireland

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Screen Shot 2013-08-21 at 21.37.35OSSL and their allegations of Police corruption by Shell in relation to the Corrib Gas Project seems to have become entangled is an extraordinary situation involving the Irish Police Force (The Garda) and the authority responsible for independently investigating such allegations, the Garda Siochána Ombudsman Commission. In November Garda Commissioner Martin Callinan issued an astonishing warning of ‘mass assassinations’ if the Ombudsman gain access to certain classified files. The latest bombshell development is news that the Police Ombudsman hired a British security company to investigate if it had been placed under electronic surveillance (by the police?)

by John Donovan

OSSL and their allegations of Police corruption by Shell in relation to the Corrib Gas Project seems to have become entangled is an extraordinary situation involving the Irish Police Force (The Garda) and the authority responsible for independently investigating such allegations, the Garda Siochána Ombudsman Commission.

In November Garda Commissioner Martin Callinan issued an astonishing warning of ‘mass assassinations‘ if the Ombudsman gain access to certain classified files. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

What you don’t know about Royal Dutch Shell’s Profit Warning

Screen Shot 2014-02-11 at 11.05.56I can exclusively reveal today that the question of whether Shell was legally obliged to issue a profits warning did not first arise in relation to the final quarter. It was raised at the highest levels of Shell and of the Financial Conduct Authority some months earlier, in between the announcement of Peter Voser’s early retirement and the announcement of the Q3 results.

By John Donovan

Shell shareholders have been faced with a series of shocks, one stunning announcement by Royal Dutch Shell Plc after another.

All rather mysterious and without any credible explanation.

Started with the announcement of Voser’s decision to take early retirement from Shell at the age of 55, as a lifestyle change. It was said at the time to have “stunned investors.”

Next came the surprise announce of Ben van Beurden as his replacement. No one guessed that he was even in the race for the top job at Shell. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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