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Daily Express

OIL GIANT ROYAL DUTCH SHELL PROFITS BONANZA

By David Cralk: Friday October 28,2011

OIL giant Royal Dutch Shell unveiled a doubling in profits ­yesterday thanks to higher prices as it vowed to slash European investment because of economic fears.

Chief executive Peter Voser said the group was making good progress as it reported third-quarter profits of $7.2billion (£4.5billion) for the period to the end of September up from £2.1billion last time.

It said oil prices, often soaring above $100 a barrel and new projects particularly in Canada and Qatar, had been the main drivers offsetting a 2 per cent dip in production to 3million barrels a day after a ramp up in asset sales such as its SDHp Norwegian gas pipelines. read more

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SHELL TO SLASH COSTS WITH GIANT JOBS CULL

Daily Express - Breaking news, sport and showbiz from the World's Greatest Newspaper

City & Business

SHELL TO SLASH COSTS WITH GIANT JOBS CULL

Story Image RESTRUCTURE: Peter Voser is going to restructure the company

Thursday May 28,2009

By Andrew Johnson

Royal Dutch Shell unveiled one of the most radical restructurings in its 119-year history yesterday in a move placing thousands of jobs at risk.

Incoming chief executive Peter Voser is aiming to slash costs, cut project overruns and speed up decision making through the overhaul announced yesterday following the departure of gas and power chief Linda Cook.

While the company disappointed the City by setting no targets for how much money will be saved, analysts said the annual figure would be in the high “£100millions, if not low £1billions in the next two years or so”. read more

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SHELL SHARES RISE AS FIRM PUMPS IN £21BN

Shell hopes there might be new opportunities in countries such as Iran because US president Barack Obama’s election is pursuing a less hard line with the country than George Bush. “Iran has some of the largest reserves of gas in the world,” said van der Veer.

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 FACING A $45M EXPOSURE TO MADOFF FRAUD

DAILY EXPRESS

Thursday December 18,2008

OIL giant Royal Dutch Shell has emerged as one of the latest victims of the $50?billion (£33?billion) fraud by Wall Street trader Bernard Madoff.

The company said its Dutch pension fund had a $45?million exposure to the fraud but that the impact would “not be material” even if it had to write off the full amount.

It joins a growing list of organisations globally that will lose money as a result of the fraud, with the total figure now above $24?billion.

Shell’s announcement came after the chairman of the U.S. watchdog, the Securities & Exchange Commission, admitted it had not followed up a string of tip-offs about Madoff’s activities. 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.

Naval officer son of oil king missing

DAILY EXPRESS: Naval officer son of oil king missing: 1 October 1940 Page 3

EXTRACT

Naval officer son of oil king missing

Lieutenant Henry Deterding, R.N.V.R. reported missing while serving with the Fleet Air Arm, yesterday, is the son of the late Sir Henri Deterding, the oil king and the man Hitler once described as “the great friend of the Germans.” Sir Henri died in Switzerland last year, and he was buried at his estate at Dobbin, Mecklenburg. A wreath was sent by Hitler.

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.

OIL KING MOVED HIS MILLIONS

Daily Express 7 February 1939 page 11

Divorced, went to live in Germany

Daily Express Staff Reporter

SIR HENRI DETERDING, the oil king, once estimated to have a personal fortune of £25,000,000, has left practically nothing in England.

FULL ARTICLE: Daily Express 6 Feb 1939 Page11

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Deterding millions in Germany

Daily Express Front Page article 6 February 1939

Deterding millions in Germany

THE personal fortune of Sir Henri Deterding, multi-millionaire oil king, who died after a heart attack on Saturday, is believed to be in Germany, where he went to live after his divorce in 1936.

PAGE ELEVEN

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NEW ATTACK ON SIR H. DETERDING

Daily Express: NEW ATTACK ON SIR H. DETERDING: 16 April 1932

Extracts:

I had shown Sir Henri Deterding head of the Royal Dutch Petroleum Company, a translation of a vigorous attack on him published in Paris today in “Forces,” the financial newspaper…

Now “Forces,” reprinting the exclusive interview published last Monday in the “Daily Express,” accuses Sir Henri of being an enemy of France, of withholding vital statements of his companies investments and of secret dealings…
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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