"This is the second year in a row that the remuneration committee has used its discretion to reward the executives for below-average returns to shareholders, which raises serious questions about whose interests they are looking after. We have voted against Shell's Remuneration Report for each of the last three years," Jubb said.
May 5th, 2009:
Standard Life Slams Shell’s Board Over Remuneration Plans
Shell directors’ bonuses may spark protests
Oil major Royal Dutch Shell could face protests over its huge awards for directors despite failing to meet performance targets.
Shell: Nigeria Forcados Force Majeure Extended To May Offtake
THE WALL STREET JOURNAL
MAY 5, 2009, 9:57 A.M. ET
LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSB.LN) has extended force majeure on its Forcados offtake in Nigeria for the whole month of May, a spokesman for the company said Tuesday.
The declaration, which protects the company from lawsuits for not meeting its deliveries due to actions outside the company’s control, was previously set to be in place until the end of April.
-By Benoit Faucon, Dow Jones Newswires; +44 20 7842 9266; [email protected]
Fascist group worked as Shell guards
Tuesday 28th April 2009
Irish Examiner
THE Government is facing demands for an investigation into the employment of right wing eastern European paramilitaries as security guards at Shell construction sites in Co Mayo.
It has emerged that members of the Szekler Legion, a paramilitary group which recruits among young ethnic Hungarians in Romania, have worked as security guards at the Shell Corrib Gas Project construction sites in recent months.
Among them the Szekler Legions leader 32-year-old Romanian Hungarian Tibor Revesz who worked for Integrated Risk Management Security (I-RMS) at the Mayo sites. There are indications other Szekler Legion members have worked in Ireland, with the organisations internet site selling patches associated with the Corrib project.
Activists call for Corrib intervention
The letter notes that the Corrib gas developers Shell, Statoil and Marathon do not have planning permission for the onshore section of pipeline which would bring gas from the Corrib field off Mayo to the inland refinery at Bellanaboy.
Late Nigerian activist’s son to see Shell in court
The trial that starts May 26 in U.S. District Court in New York stems from two lawsuits accusing Royal Dutch Petroleum Co. and the former managing director of its Nigerian subsidary, Shell Transport and Trading PLC, of being complicit in decisions by Nigeria's then-military government to hang oil industry opponents, including playwright and activist Ken Saro-Wiwa.
Reliance Likely to Buy LNG from Shell
MUMBAI -- Reliance Industries Ltd., India's biggest private refiner by capacity, is likely to sign an agreement with a group company of Royal Dutch Shell PLC to buy up to 4 million standard cubic meters per day of liquefied natural gas for two months, three persons familiar with the matter said.
Shell’s approach to technology development given
HOUSTON - Dr. Matthias Bichsel, executive VP, Shell International Exploration and Production B.V., opened the Shell booth at the Offshore Technology Conference today with a discussion titled "EP Technology Delivery Through Technology."
Shell welcomes emissions trading delay
Oil and gas company Shell Australia chairman Russell Caplan says the federal government's decision to delay its emissions trading scheme could be beneficial.
Shell set to clash with investors
RiskMetrics, the international voting agency, advises shareholders to vote Shells pay plan down. And the Association of British Insurers has put an amber top alert out, warning its members of a potential breach of good governance.
Shell faces bonus rebellion
The groups were said to believe that Shell had failed to meet its set targets, by being ranked fourth among its peer group of international oil companies. Shell argues it only just came fourth, the paper said.
A Writers Violent End, and His Activist Legacy
NEW YORK TIMES: Fourteen years have passed. General Abacha has died, and Mr. Saro-Wiwa has had a proper burial, but the circumstances surrounding the nine executions, along with related incidents of brutal attacks and torture, are getting another hearing. This month the Wiwa familys lawsuit against Royal Dutch Shell over its role in those events goes to trial in federal court in Manhattan.