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May 21st, 2009:

Executive pay at Royal Dutch Shell: Muck, brass and spleen

Economist.com

An oil giant’s shareholders flex their muscles

May 21st 2009

From The Economist print edition

MOST firms’ annual general meetings (AGMs) owe more to North Korea than ancient Greece. By long-standing tradition, bosses make platitudinous speeches, listen to lone dissidents with the air of psychiatric nurses towards patients and wait for their own proposals to be rubber-stamped by the proxy votes of obedient institutional investors. According to Manifest, a shareholder-advice firm, 97% of votes cast across Europe last year backed management. read more

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

Oil Industry Braces for Trial on Rights Abuses

The New York Times

Jennifer S. Altman for The New York Times

Ken Wiwa, son of the Nigerian writer and advocate Ken Saro-Wiwa.

By JAD MOUAWAD Published: May 21, 2009

Fourteen years after the execution of the Nigerian author and advocate Ken Saro-Wiwa by Nigeria’s former military regime, Royal Dutch Shell will appear before a federal court in New York to answer charges of crimes against humanity in connection with his death.

The trial, scheduled to begin on May 27, will examine allegations that Shell sought the aid of the former Nigerian regime in silencing Mr. Saro-Wiwa, a vociferous critic, in addition to paying soldiers who carried out human rights abuses in the oil-rich but impoverished Niger Delta where it operated. read more

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

The origins of Shell’s communications failures

I have posted on YouTube (follow link below) a video which students of Shell’s descent to a position where their management is now held in derision and contempt not just by activists but also by the business world and by the community at large will I hope find useful. It dates back to 1996/7 when the degree of internal confusion about the company’s role in the world was visible to all of us in the company – wherever we were working.

This video (which I think is self-explanatory) is not a parody – it is for real. Essentially what it reveals is that those at the top had no understanding of reputation management and that they felt that a series of slick public claims about Shell’s raison d’être could wipe away the stains of years of selfish neglect. Remember this is now well over ten years ago – and since then things have got immeasurably worse. read more

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

Nigeria’s Oil Output Drops to Less Than Half Capacity

The country is pumping 1.2 million barrels a day out of a total capacity of 3.2 million barrels a day, with Royal Dutch Shell Plc’s onshore fields worst affected by the insecurity, Ajumogobia said in remarks broadcast by the state-owned Nigerian Television Authority today.

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

Dogged in pursuit of the fat-cats

The head of corporate governance at Standard Life since 1992, he has been doggedly consistent about discipline by boards on matters of pay - his complaints to Shell date back to 2003.

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

Directors of pay policy ‘should face an annual ballot’

Shell said that it had already agreed to some changes in its pay arrangements before the defeat on Tuesday but would consider wider reforms.

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

Shell Blog: Malcolm Brinded taken to task on ‘Overpromise vs Underdelivery

POSTING ON SHELL BLOG 21 MAY 2009

guest: One shareholder apparently asked Job: ‘why reward failure?’ I will explain. Brinded has been in a top job since 1998 (MD of Expro until current position). He EACH year has promised more than he could realise. And as top dog his behaviour gets copied, Shell has been very hot on behavioural attitudes since many years. Those attitudes better be in line with the top or else! Remember the famous presentation in 2000 ‘Overpromise vs Underdelivery’? This attitude has become ingrained in the corporate culture of Shell. So Job is to be forgiven, he did not know better, he thought this was how Shell wanted it…. read more

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

Sakhalin-2 launch delay cost Russia $1.24 billion

VEDOMOSTI

www.vedomosti.ru

– The delay in launching Russia’s first LNG plant, Sakhalin-2 has cost the country more than $1.24 billion, the paper says.

SOURCE ARTICLE

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