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Shell Pension Fund

Outspoken articles about Shell

Outspoken articles about Shell up to end of 2016

For Jan 2017 onwards click here

Dan Etete turns on his accomplices Eni and Shell: 30 Dec 2016

Alarm Bells – Shell Pearl GTL gasifiers crippled?: 28 Dec 2016

Shell’s complicity in human rights abuses in the Niger Delta: 27 Dec 2016

ENI AND SHELL TO BE PROSECUTED OVER OPL 245 $1.1 BILLION CORRUPTION SCANDAL: 24 Dec 2016

A devastating blow for Shell in U.S. Federal Court: 23 Dec 2016

Explosive allegations around Shell and Eni’s OPL 245 deal: 23 Dec 2016

Obama’s April Fool’s Joke Approving Shell Arctic Drilling: 22 Dec 2016

RoyalDutchShellGroup.com for Shell Breaking News:21 Dec 2016

THE OPL 245 SCANDAL INVOLVING SHELL: 21 Dec 2016

Corruption of Police by Shell: 16 Dec 2016

Shell cost-cutting plan will undermine the welfare of its pensioners: 12 Dec 2016

Shell Canada President Michael Crothers says Canada should stick to its values: 29 Nov 2016

Pleased to assist Leigh Day in Suing Shell says John Donovan: 22 Nov 2016

21st Anniversary Commemoration of Ogoni Martyrs: 12 Nov 2016

LIVING IN TRUMPWORLD: 11 Nov 2016

The Uncensored History of the Shell Brent Oil and Gas Field: 9 Nov 2016

Award for deadly Corrib Gas Project: 8 Nov 2016

Irish Police, Shell, Corruption and Alcohol: 7 Nov 2016

No credibility in Shell Peak Oil Forecasts, says John Donovan: 3 Nov 2016

Hearing on Royal Dutch Shell: Committee Room 1, House of Commons Wednesday 2 November 2016: 1 Nov 2016

Lament for Royal Dutch Shell: 14 Oct 2016

CORRUPT IRISH POLICE FORCE: THE GARDA: 10 Oct 2016

Australian Government unconvinced about FLNG safety claims: 28 Sept 2016 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 Pensioners Revolt

Screen Shot 2015-04-22 at 07.51.21

By John Donovan

Trouble is brewing for Shell in the UK as Shell pensioners revolt against the proposed change of name of their association. The “Shell Pensioners’ Association” (SPA) is open to all Shell pensioners in the UK and arranges a raft of social and other events through its Branch network. It also publishes a quarterly magazine, “SPA News”.

With the latest edition comes an announcement of a plan to change the name of the Club to “Shell Pecten Association” – the rationale being that younger new Shell pensioners are put off joining the SPA because they don’t wish to be seen as pensioners! No evidence to support this claim is provided. 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 investors sue BP for millions over Deepwater share price crash

Screen Shot 2014-01-30 at 00.47.49Extracts from an article by Jim Armitage, Deputy Business Editor of  The Independent, published 4 July 2014

The pension fund of oil giant Shell is suing arch rival BP and its former chief executive Lord John Browne for millions of pounds over the Gulf of Mexico oil spill catastrophe.

Shell Pension Trust is one of more than a dozen giant UK investment funds who have joined a massive lawsuit against BP and its directors at the time including Tony Hayward, who took over from Lord John as CEO three years before the Deepwater Horizon disaster.

The investors are suing over the dramatic crash in BP’s share price caused by the spill and have won the right to sue under UK law but in the generous Texas court. While they had the right to take action in the High Court in London, they have held out to take their claims in the US where higher awards are likely. 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 Netherlands on warpath with staff council over pensions

Screen Shot 2013-06-07 at 14.51.52You may want to keep an eye on this latest development in relation to the Shell Dutch Pension Fund. Your website was involved in breaking news about the recovery plan for the pension fund after a financial meltdown a few years ago. Shell Netherlands is on a warpath with the staffcouncil.

RECEIVED FROM A ROYAL DUTCH SHELL SOURCE

Hello John

You may want to keep an eye on this latest development in relation to the Shell Dutch Pension Fund.

Your website was involved in breaking news about the recovery plan for the pension fund after a financial meltdown a few years ago.

Shell Netherlands is on a warpath with the staffcouncil. They want to introduce a new pension system (for new staff) which is much less favorable for the employees.

It will be done. But the Staffcouncil is against. Drama will develop, all in dutch of course. Start is 1st July. 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 Covered Up The Fact That They Moved Kulluk For Taxes

 Screen Shot 2013-06-01 at 15.31.58…the two Arctic drilling barges deployed by Shell were plagued with issues. The first was under criminal investigation for failing safety requirements, while the second was the Kulluk

Screen Shot 2013-01-14 at 10.01.26

Rachel Maddow: Shell Covered Up The Fact That They Moved Kulluk For Taxes

Posted:   |  Updated: 05/31/2013 12:45 pm EDT

Rachel Maddow concluded earlier this week that “oil companies lie.”

Although this is not the first time the MSNBC host has criticized an oil giant, recent revelations about Shell’s Arctic drilling led Maddow to reiterate her stance.

In an investigation conducted by the U.S. Coast Guard, a Shell official admitted that the Kulluk, a drilling barge that ran aground on December 31, 2012, was being moved in an effort to avoid a possible $6 million tax. 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 Pension Fund – Should You Consider Your Transfer Options?

Screen Shot 2013-04-10 at 19.17.12

Hi John,

This short video may be of interest, specifically to Shell Employees.

http://www.aesadviser.com/services/qrops/

I have personally spoken with guys who have already started to take their Shell pension, and they have been most dismayed to learn about what they could have had, in the way of a cash equivalent transfer (into their own retirement trust) and the massive improvement that such a move heralds in relation to passing their fund to their wife and kids, in addition to the possibility for higher growth between now and retirement and higher levels of income at retirement, than if they were to stay in the Shell scheme. 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.

Financial Advice for Oil & Gas Pension Holders


John
 
Found this on the web – have no idea if it is for real, but may be of interest to some of your readers?
 
http://www.aesadviser.com/financial-advice-for-oil-gas-pension-holders/

EXTRACT FROM THE WEBSITE IN QUESTION

“I was pleasantly surprised to learn that I was able to transfer my Shell pension into a self invested scheme, with Shell offering a generous transfer value. Now, I feel like I have the best of both worlds. Am still able to grow my fund and will be able to generate an income at retirement but, will now be able to pass my fund of almost £1million on to my family, not back to 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.

Ageing and sickly, ex-Shell staff wait on court

FROM OUR SHELL NEWS ARCHIVE OCTOBER 2004

New Straits Times: Ageing and sickly, ex-Shell staff wait on court

“Some have died. Others are losing their memory and many are ailing.”: “399 former employees of Sarawak Shell Bhd and Sabah Shell Petroleum Co Ltd engaged in a protracted legal battle with their ex-employers…” “claiming that they unlawfully deducted money from their internal retirement funds…”: “They won their case at the Miri High Court on Sept 20 but their employers filed an appeal.”: “For now, all they can do is hope their time doesn’t run out.”

By Johannes Ridu & Sharifah Arfah

MIRI, 6 October 2004

Some have died. Others are losing their memory and many are ailing. They are among a group of 399 former employees of Sarawak Shell Bhd and Sabah Shell Petroleum Co Ltd engaged in a protracted legal battle with their ex-employers over an estimated RM50 million they claim is rightfully theirs.

In November 2002 they sued their ex-employers, claiming that they unlawfully deducted money from their internal retirement funds, Shell Sarawak & Sabah Retirement Benefit Fund (RBF) and Shell Sarawak & Sabah Provident Fund (SSF). 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.

Nigeria leaks billions from rampant oil theft

Oil firms and government say nearly 200,000 barrels of oil stolen each day from pipelines and wells by criminal gangs.

Last Modified: 03 Aug 2012 11:14  

A sophisticated criminal network has stepped up its operations in Nigeria’s Bayelsa State, costing state and oil companies as much as a billion dollars per month.

Royal Dutch Shell Oil Company’s Nigerian subsidiary said in a recent report that between 150,000 and 180,000 barrels of oil are stolen each from its pipelines and wells. Government estimates have put the number of stolen oil as high as twice this amount.

The trade in stolen oil involves international traders who provide oil at discounted prices to refineries in other parts of the world. 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.

Union fury as Shell closes pension scheme despite making £18bn profit

Fuel giant Shell has been accused of “moral bankruptcy” for announcing profits of £18billion – just a month after closing its final salary pension scheme for new recruits.

Fuel giant Shell has been accused of “moral bankruptcy” for announcing profits of £18billion – just a month after closing its final salary pension scheme for new recruits.

The multinational’s haul soared 54% last year thanks to sky-high oil prices caused largely by political tensions in the Middle East. But union leaders accused the firm of raking it in while hammering workers.

Unite general secretary Len McCluskey said: “Shell reminds us of the moral bankruptcy of the corporate elite. The company is needlessly closing its final salary scheme while posting colossal profits. 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.

Pensions anger as even profitable firms cut benefits

The Observer, Sunday 22 January 2012

When even successful companies such as Shell and Unilever are taking an axe to staff retirement packages, is the outlook bleak for everyone?

Unilever, the maker of everything from Pot Noodles to Dove soap, has infuriated its staff by cutting pension payouts – despite being highly profitable. Shell, another household name, has followed suit with plans to cut retirement incomes.

Unilever suffered a wave of strikes which started last week and will continue for the next five days. Much of the anger among employees at its factories and research units is focused on the company’s £6bn operating profit and the pay, bonus and pension top-ups awarded to chief executive Paul Polman. He pocketed £2.8m last year, of which £1.7m was a performance-related bonus. His pension was increased by a company donation of £352,000, according to the 2011 annual report. 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 ends the ‘final salary era’

The news… was quietly posted on the Shell pensioners’ website just before Christmas… 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 axes final salary pension schemes

By STEVE HAWKES, Business Editor: 6 January 2012

SHELL is to scrap final salary pensions from 2013 — despite making billions in profits.

The oil giant will close its scheme to new recruits in two years.

All existing staff will be kept on final salary benefits — for now.

The move means that every UK company in the FTSE 100 has now scrapped the generous retirement packages.

It came as the UNITE union revealed thousands of health workers had “unanimously rejected” government calls to cough up more money for their own saving pots.

Matthew Sinclair at the TAXPAYERS ALLIANCE said Shell’s action showed a huge divide between the public and private sector. While the Government is £990 billion in debt, Shell is expected to post annual profits of almost £17billion for 2011. 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 closes its final-salary pension scheme

5 January 2012 Last updated at 17:18

Anglo-Dutch oil giant Royal Dutch Shell is to close its final-salary pension scheme to new employees in the UK.

From early 2013, new staff at Shell will be offered membership of a scheme without a guaranteed level of pension.

Existing members of the Shell scheme can continue contributing and building up their salary-linked pensions.

As employers look to cut costs, 90% of final-salary schemes have been closed to new members, according to the Association of Consulting Actuaries. 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 Pension Fund Joins Appeal of ‘Feeder Fund’ Ruling by Madoff Judge

By Linda Sandler – Oct 10, 2011 8:30 PM GMT+0100

Shell Pension Fund, which runs pension plans for Royal Dutch Shell Plc (RDSA) companies, joined an appeal of a court ruling in the Bernard Madoff case that denied customer status to so-called feeder fund investors.

U.S. Bankruptcy Judge Burton Lifland backed the liquidator of the con man’s firm in June, saying investors in feeders can’t file claims for payment with the estate because they didn’t have accounts with the Madoff firm in their own names. More than 50 companies, pension funds and individuals — from National Bank of Kuwait (NBK) SAK and Aozora Bank Ltd. (8304) to Upstate New York Bakery Drivers & Industry Pension Fund — appealed the ruling, asking a district judge to decide whether Lifland erred in defining what a customer was. 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.

FINANCIAL TIMES ARTICLES CITING THE WEBSITE: Royaldutchshellplc.com

FINANCIAL TIMES ARTICLES CITING THE WEBSITE: Royaldutchshellplc.com

ENERGYSOURCE BLOG December 3, 2009

Spot news

…French companies dismiss claims of political fix (FT) Shell critic says oil major targeting his website Royaldutchshellplc.com operator cites released emails (Reuters) Nigerians urge Yar’Adua to step down Warnings of power vacuum… Kate Mackenzie

ENERGY SOURCE BLOG February 12, 2010

Shell’s directory leak shouldn’t be taken lightly

…corporations (in western countries)” to campaign for change in corporate practices. Meanwhile John Donovan at royaldutchshellplc.com is irked , because he says Shell asked him not to make the directory public for security and personal reasons… Kate Mackenzie 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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