The boss of Royal Dutch Shell has suffered a bruising shareholder revolt after more than a quarter of its investors voted against his multi-million euro payout for last year.
Ben Van Beurden pocketed €8.9m (£7.8m) for 2017 after trebling the company’s profits to $12.1bn (£9bn) as the oil giant staged an impressive recovery from a crash in prices.
But shareholders took against the FTSE 100 boss after an accident in Pakistan last year claimed the lives of more than 200 people in an explosion of a fuel tanker operated by one of the energy giant’s subsidiaries.read more
FILE PHOTO: Ben van Beurden, CEO of Royal Dutch Shell company, speaks during a meeting with Russian President Vladimir Putin in Moscow, Russia June 21, 2017. REUTERS/Sergei Karpukhin
Reuters Staff: May 22, 2018
THE HAGUE (Reuters) – Royal Dutch Shell (RDSa.L) shareholders on Tuesday approved the 2017 management remuneration, including Chief Executive Officer Ben van Beurden’s 8.9 million euro ($10.51 million) package, by a majority of 75 percent.
The 2016 remuneration resolution won the support of more than 92 percent of shareholders.read more
Britain’s largest shareholder advisory groups have called on investors in Royal Dutch Shell to reject growing demands for the oil giant to take full responsibility for its impact on the environment.
Shell faces a binding shareholder vote tomorrow to decide whether to adopt rigorous accountability standards to bring its operations into line with the Paris climate agreement. Glass Lewis and ISS have urged shareholders to reject the “unduly burdensome” and “problematic” proposal.read more
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 ARTICLEread more
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
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 ARTICLEread more
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 ARTICLEread more
Royal Dutch Shell (RDS.A, RDS.B) likely will face a shareholder resolution calling at its May annual meeting for a radical shift away from fossil fuels, highlighting mounting pressure on big oil companies over global warming, Financial Times reports.
Shell has gone further than most peers by announcing last November a goal to reduce its carbon footprint by 50% by 2050, but climate activists are disputing its claim that its goal is in line with the Paris agreement.
“The ambitions announced by Shell are inconsistent with the Paris agreement, in particular when taking into account expected global energy demand growth,” according to Follow This, the shareholder group that has submitted a resolution calling for more aggressive targets.
Activists say Shell’s goal for a 50% reduction actually would be 25% in absolute terms if the company maintains its share of a global energy market that is forecast to grow by 50% by 2050.
Shell is expected to face a shareholder resolution calling at its annual meeting in May for a radical shift away from fossil fuels, highlighting mounting pressure on the world’s largest oil and gas companies over their contributions to global warming. The Anglo-Dutch group has gone further than most peers by announcing an “ambition” last November to reduce its carbon footprint by 50 per cent by 2050… FULL FT ARTICLEread more
European diesel prices slumped as traders anticipated more fuel supply. Shell is trying to restart a crude distillation unit at the Pernis refinery in Rotterdam. A Shell spokesperson said: “Shell Pernis shut down most of its units on July 30 due to a power outage. We are currently restarting a number of units as part of the phased restart of the full complex. Complete restart will take place in a structured and controlled way. Flaring and noise will be part of recommissioning. We will do our utmost to minimize impact for residents. FULL ARTICLEread more
Royal Dutch Shell chief executive Ben van Beurden has come under scrutiny over his €8.26m (£7.1m) pay ahead of the FTSE-100 giant’s annual general meeting (AGM) tomorrow.
Pensions & Investment Research Consultants (Pirc) have advised shareholders to vote against the oil and gas giant’s remuneration policy.
Pirc branded van Beurden’s total pay, which was 453 per cent of his salary, “excessive”.
A group of retail investors have tabled the resolution at Shell’s AGM, asking it to establish carbon emission reduction targets. Photograph: Toru Hanai/Reuters
AGM WEBCAST Tuesday May 23, 2017 at the Circustheater, Circusstraat 4, The Hague, The Netherlands at 10.00 am (Dutch time)
If you are unable to come to the AGM you can watch via the webcast which will be broadcast live at 10:00 (Dutch time), 09:00 (UK time) on the day of the AGM. Shareholders who wish to follow the AGM via the webcast should log on to www.shell.com/agm/webcast and follow the online instructions. The webcast is not interactive and it is not possible to vote or ask questions remotely.
The webcast may include the question and answer sessions with shareholders present at the AGM, as well as background shots of those present in the auditorium. We have also arranged for photographs to be taken throughout the premises for the duration of the event to be kept in the Company’s photo library. These photographs may be used in future publications online or in print. If you attend the AGM in person, you may be included in photographs or in the webcast. Please note that the photographs and broadcast footage may be transferred outside the European Economic Area.read more
I have read the judgement published online and many of the related news stories concerning the oil spill litigation brought by the law firm Leigh Day against Shell on behalf of Nigerian clients.
No one could fairly accuse the Judge Mr Justice Fraser of being biased in favour of Leigh Day. Instead, he seems to have gone out of his way to criticise them on a variety of grounds. He even complained about the volume of evidence supplied by Leigh Day.
One criticism after another, constantly coming down on the side of Shell.read more
I have received information from Maura Harrington, spokesperson for the Shell to Sea campaign in Ireland concerning questions arising from the filed Shell financial accounts (2015) relating to the controversial construction of the Corrib natural gas pipeline in Ireland.
Maura would like the information to be brought to the attention of Shell shareholders so that if others examine the information she has already downloaded from the Irish Companies Registration Office (CRO) and share her concern, questions can be raised at the forthcoming Royal Dutch Shell Plc AGM.read more
Malabu Scam :Eni, Shell aware of corrupt payments, Judge rules – Vanguard 18 Dec 2018 14:33 Google An Italian judge, Giusy Barbara, found out on Monday that Eni and Royal Dutch Shell were fully aware that their 2011 purchase of Nigeria’s Oil Prospecting Lease (OPL 245) would result in corrupt payments to Nigerian politicians and officials.
Italy’s Eni …
Eni, Shell Aware OPL 245 Procurment Would Lead to Graft 18 Dec 2018 14:00 Biz Watch Nigeria Eni, Shell Aware OPL 245 Procurment Would Lead to Graft
An Italian judge, Giusy Barbara, found out on Monday that Eni and Royal Dutch Shell were fully aware that their 2011 purchase of Nigeria’s Oil Prospecting Lease (OPL 245) would result in corrupt …
OPL 245: Eni, Shell Knew of Corrupt Payments, Rules Italian Judge – THISDAYLIVE 18 Dec 2018 12:33 Nigeria Sun Peter Uzoho with agency reports
An Italian judge, Giusy Barbara, found yesterday that Eni and Royal Dutch Shell were fully aware that their 2011 purchase of Nigeria’s Oil Prospecting Lease (OPL 245) would result in corrupt payments to Nigerian politicians …
OPL 245: Eni, Shell Knew of Corrupt Payments, Rules Italian Judge – THISDAY Newspapers 18 Dec 2018 08:37 Google Peter Uzoho with agency reports
An Italian judge, Giusy Barbara, found yesterday that Eni and Royal Dutch Shell were fully aware that their 2011 purchase of Nigeria’s Oil Prospecting Lease (OPL 245) would result in corrupt payments to Nigerian politicians …
OPL 245: Eni, Shell Knew of Corrupt Payments, Rules Italian Judge 18 Dec 2018 05:17 This Day Peter Uzoho with agency reports
An Italian judge, Giusy Barbara, found yesterday that Eni and Royal Dutch Shell were fully aware that their 2011 purchase of Nigeria’s Oil Prospecting Lease (OPL 245) would result in corrupt payments to Nigerian politicians …
FG files $1.1bn suit against Shell, Eni in London 14 Dec 2018 04:09 New Telegraph The Federal Gove r nment yesterday commencement of prosecution of the Royal Dutch Shell and Eni in London Court over shady oil deals that cost the country over $6 billion. In a legal fireworks expected to unravel the mysterious Malabu oil deals, lawyers …
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SHELL EXECUTIVES AT THE CENTER OF A SCHEME TO STEAL $1.3 BILLION FROM NIGERIA’S PEOPLE
SHELL ADMITS DEALING WITH NIGERIAN MONEY LAUNDERER – BBC NEWS
SHELL, ENI AND NIGERIAN OFFICIALS IN OPL 245 CORRUPTION SCANDAL
INVESTIGATION OF OPL 245 NIGERIAN OIL CORRUPTION SCANDAL
SHELL KILLS FOR OIL IN NIGERIA
ESTHER KIOBEL SUES SHELL FOR COMPLICITY IN HUSBANDS MURDER
ESTHER KIOBEL: EVIL OIL GIANT SHELL COLLUDED IN THE EXECUTION OF MY INNOCENT HUSBAND
SHELL LIED ABOUT CLEANING UP OIL IN NIGER DELTA
SHELL SPIES INFILTRATED NIGERIAN GOVERNMENT
DUTCH EARTHQUAKES CAUSED BY SHELL/EXXON
LEGO DROPS SHELL OVER GREENPEACE OIL SPILL VIDEO
SHELL ARCTIC DRILLING ACCIDENTS
SHELL KNEW ABOUT CLIMATE CHANGE DECADES AGO
JOHN DONOVAN TV DOCUMENTARY INTERVIEW
ABANDONED BY SHELL: KEITH MACDONALD & FAMILY, VICTIMS OF RADIOACTIVE CONTAMINATION AT WORK
ROYAL DUTCH SHELL FOUNDER SIR HENRI DETERDING, NAZI FINANCIER
JOHN DONOVAN PROMOTIONAL GAMES FOR SHELL AND OTHER CLIENTS
C16 Inmate: I find it fascinating how so many brainwashed Shell slaves are quick to criticise Mr Donovan for the work he is doing. It is surely his decision and prerogative to do whatever he wants with his own time? Just like you and I choose to work for a slimy, corrupt, evil, fascist, environment destroying company. The only difference is that I actually admit to being a whore that’s sold my soul for money!
As for your defence of Brinded, I find it laughable. That man was an abnoxious individual who was acting more like an SS officer than a senior executive.
Keep up the good work John. Warm wishes and my heartfelt thanks to for keeping us all informed of Shell’s true nature.
REPLY BY JOHN
While I am grateful for the kind words, I do not know of any grounds to support your comment that Shell is a fascist company. With regard to Mr Brinded, despite my many negative comments about him over the years, comparing him with an SS officer is wrong.
PURE POISON: Mr Donovan if it is your twisted objective to poison the Internet for the Shell brand you, unfortunately, seem to be succeeding. Searching for any subject connected with Shell inevitably seems to generate negative news reports, negative information and anti-Shell images, all apparently originated by you. Your allegations about Shell’s alleged Nazi history seem to be spreading across the Internet like a virus. Your Shell-branded counterfeit websites seem to be multiplying almost by the day. I am losing count of them all. This situation is bad for all stakeholders including employees, shareholders and pensioners. I also object to the personal attacks on Shell people, for example on Malcolm Brinded who has never been found guilty of any wrongdoing. Don’t you have any scruples? I am also concerned for your mental health and your bank balance. Is a third party also hostile to Shell funding your pervasive and malicious online activities? What’s the betting that my comments will not appear on your supposedly uncensored Shell Blog? I am also mystified why Shell has not taken action to protect its reputation?
REPLY BY JOHN DONOVAN
Shell has been complaining about my online activities since March 1995 and on occasion has taken legal action, including a three-week high court trial in 1999. There is no possible defamation if what is stated is true.
The most recent proceedings were in 2005 via the World Intellectual Property Organisation. Shell unsuccessfully attempted to seize some of our Shell related domain names including royaldutchshellplc.com and royaldutchshellgroup.com.
All of the litigation cost Shell tons of wasted money in legal fees and attracted negative publicity.
Shell lost every case.
We have sued Shell twice for defamation. Shell settled both cases.
A covert attempt by Shell to close down hosting for our websites failed.
More recently, RDS Company Secretary/Main board member Michel Brandjes threatened legal action over my book about Shell's Nazi history. His emailed threats turned out to be nothing but bluster. Shell will never take legal action on the topic as it would draw attention to the most toxic subject relating to any existing major multinational in the world.
I will continue to publish true facts about Shell and where appropriate corrupt senior management involved in scandals such as the Shell SMART rigged contract tender, the Brent Bravo deaths, the reserves fraud and OPL 245. Mr Brinded has involvement in all four scandals.
BRINDED: ON THE SUBJECT OF BRINDED:
He has such a strange brain, could outthink most people in Shell but rather than concentrate on doing good things for Shell and developing people he became the ultimate micromanager and surrounded himself with sycophants. Until the 2nd half of the eighties he was OK and the driving force of the highly successful SLIM technology. I believe this was what launched his big career. Thereafter he became moody and unpleasant for people who dared to question him or make good suggestions to him. Probably quite insecure and status conscious. Never understood this. He just took himself too seriously.
FAO Insider: Donovan has already said suggested he won't name the individual. He is more determined to go after Brinded with whom he has a personal issue. As Veritas suggests there is something deeper there which makes this whole issue inconsistent in his refusing to name the guilty individual.
Veritas: John Donovan, you are such a hypocrite. You claim you don’t want the convicted pedophile’s family to suffer, but you keep dragging Brinded’s family through mud. You should be consistent in your actions. The only thing consistent about you is how you continue to live off of some overblown ‘offense’ your father experienced decades ago. You claim to be an open wound to Shell. The only open wound I see is the one in your damaged psyche that you continue to nurse.
REPLY BY JOHN DONOVAN
Happy Christmas to you too.
P.S. It was actually my experience, with my late father kindly giving me his support. BTW, I don't think Mr Brinded will be pleased that you keep bringing his name up.
Double standards: So its OK to go after Brinded who hasn't been convicted and to name and shame him for alleged financial wrongdoings and there are pictures of him and his family on the web but you draw the line at naming a CONVICTED individual. Mmmmm
REPLY BY JOHN DONOVAN
I have been warning Shell about Malcolm Brindeds' lack of scruples for nearly two decades. He gave his full backing to the Shell exec who rigged the SMART loyalty scheme contract tender. He has been a key player in a number of other Shell scandals. The related SMART litigation that Shell settled. The Brent Bravo deaths. The reserves securities fraud. His dealings with the despot Muammar Gaddafi on behalf of Shell. And currently, his starring role in the OPL 245 corruption scandal. Mr Brinded is free to sue me for defamation if he disputes what I am saying about him. I have a huge amount of evidence to support what I say. I know a lot about him. I have been coincidentally reading documents about his misdeeds for several days that I will publish in the New Year. More revelations about just how ruthless he is.
So why redacted?: "The name of the relevant individual in a Shell leadership role has been verified from court records and social media)"
REPLY BY JOHN DONOVAN
Because having seen the Shell leader in question in a photograph with his family, I have reservations about naming him some 14 years after the offences took place. Why should his family suffer?
Bogus Group: I concur with Bonus's comment's. Unfortunately these "turkeys' can't comprehend their deficiencies and actualy believe they are something special. A throwback of the rampant deviant executive culture at the time, which fostered them.
Bonus Group: Christmas is coming,
The goose is getting fat,
Please, put a penny in the ex BG employee's hat!
Rumour has it that the turkeys in the Brasil Asset, having contributed little to nothing to the asset over the past year, are now rubbing their hands with glee in anticipation of their annual bonuses. Hopefully, there will be another round of cost cutting in the New Year and they will be out on the street!
Insider: I am not sure I want to know which one of our leaders is a child sex offender. I would like to know if management hired the guy aware of his past history?
TABOO: Is this another sensitive subject where we can we expect a memo from Donny Ching warning us not to discuss it with colleagues?
Equal Opportunities Employer: Guess his hiring and promotion prove Shell is an equal opportunities employer.
"Equal opportunity means that all people will be treated equally or similarly and not disadvantaged by prejudices or bias. This means that the best person for a job or a promotion is the person who earns that position based on qualifications, experience and knowledge. Workplace diversity values everyone's differences."
Apparently, with Shell HR this applies even if convicted of aggravated child sex offences on multiple counts with an appearance on the Sex Offenders Register.
It does make the workplace uncomfortable for everyone who has contact with him. On the other hand, he has to work somewhere or otherwise conviction would amount to a life sentence for repellent acts carried out 14 years ago.
Is it a praiseworthy policy or an act of folly to hire and promote such individuals? Or an act of negligence if HR pleads ignorance of his past criminal history? The latter seems unlikely bearing in mind that his past is common knowledge among colleagues and apparently, even suppliers.
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON. EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
Alys Key:
BY 
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 
Activist investors set to challenge energy giant to shift away from fossil fuels
AGM WEBCAST Tuesday May 23, 2017 at the Circustheater, Circusstraat 4, The Hague, The Netherlands at 10.00 am (Dutch time)
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EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.