News and information on Shell PLC
* Iraq seeks to stem losses from falling oil prices
* Calls on firms to reduce development costs
* Baghdad seeks amended contracts to “share risk”
* Says companies should maintain output despite changes
MR_Story By Ahmed Rasheed
BAGHDAD, March 12 ( Reuters ) – Oil companies have proposed millions of dollars of cuts in development spending in Iraq, a senior oil ministry official said, after Baghdad told them low oil prices and its fight against Islamic State had made payments difficult.
THE HAGUE, Netherlands, March 12 (UPI) — Drilling in the arctic waters of Alaska should proceed this year assuming timely approval from the U.S. federal government, Royal Dutch Shell said Thursday.
Shell’s preliminary drilling program in arctic waters offshore Alaska in 2012 was plagued by problems, including a grounded drilling rig, violations of air pollution limits, engine failures on a tow ship and an oil spill containment system damaged during testing.
Shell Chief Executive Ben van Beurden said in an annual report, published Thursday, the Interior Department was reviewing a supplementary environmental impact statement on operations in the Chukchi and Beaufort seas.
Thu Mar 12, 2015 8:09am EDT
(Reuters) – Royal Dutch Shell Chief Executive Ben van Beurden will earn a total 24.2 million euros ($26 million) for 2014, making him one of the highest-earning FTSE 100 bosses despite last year’s sharp fall in oil prices.
Van Beurden’s total pay includes 5.6 million euros in salary, bonus and shares plus pension and other items, the company said on Thursday.
His 2014 compensation, when calculated in British pounds, places him as the second-highest-paid senior executive on the FTSE 100 share index after WPP chief executive Martin Sorrell, whose 2013 pay package reached 29.8 million pounds, according to think tank High Pay Centre.
Royal Dutch Shell CEO Ben van Beurden qualifies as a genuine FAT CAT.According to an FT article published today, Royal Dutch Shell’s chief executive Ben van Beurden has been awarded a total of €24.2m for his work last year, despite the fact that Shell’s shares have under-performed in the past 12 months.
Extract from a related Dow Jones Report
For his first year as CEO of the Anglo-Dutch oil major in 2014, Mr. van Beurden received a salary of EUR1.4 million and a EUR3.3 million bonus. Despite a steep slide in oil prices over the past nine months, the company is proposing a 2.1% increase in the executive’s salary this year and a target bonus equal to 150% of the base salary.
(Bloomberg) — Europe’s largest oil companies are gaining support from an unlikely source as they confront the industry’s worst slump since the financial crisis: lower oil prices.
Although better known for their oil fields, refineries, and petrol stations, BP Plc, Royal Dutch Shell Plc and Total SA are also the world’s biggest oil traders, handling enough crude and refined products every day to meet the consumption of Japan, India, Germany, France, Italy, Spain and the Netherlands.
THE HAGUE, March 12, 2015 /PRNewswire/ —
Royal Dutch Shell plc (NYSE: RDS.A) (NYSE: RDS.B) Published its Annual Report and Form 20-F for the Year Ended December 31, 2014.
The 2014 Annual Report and Form 20-F can be downloaded from http://www.shell.com/annualreport .
Separately, a 2014 Strategic Report can be downloaded from http://www.shell.com/annualreport .
Printed copies of the 2014 Annual Report and Form 20-F and 2014 Strategic Report will be available from April 16, 2015 and can be requested, free of charge, at http://www.shell.com/annualreport .
From an article by Joel Connelly published 11 March 2015 by Seattlepi.com Extracts
Environmentalists are using a court suit to pursue political goals and have no legal standing to block a lease that will base Shell’s Arctic oil drilling fleet at Terminal 5 on the Seattle waterfront, according to legal filings Wednesday by the Port of Seattle and Foss Maritime.
Shell is planning to go back to Arctic waters this summer. The company has already invested an estimated $5.8 billion in leases and equipment. An initial 2012 drilling effort turned into a fiasco, culminating when Shell’s conical drilling ship Kulluk ran aground while being towed back to Puget Sound waters. The ship was later taken apart in China.
This is not a Shell website. That fact should be abundantly plain from the overall content of this home page and our sister Shell-focussed websites, including shellnazihistory.com. Click on the Disclaimer link at top of this page for more information. You Can Be Sure Shell does not endorse or approve of this website. There are no subscription charges nor do we solicit or accept donations. It is an entirely free to use website drawing attention to the negative side of Shell while also publishing positive news about the company. The Shell logo image with the white text used on this website, as per the above example, is in the public domain because its copyright has expired and its author is anonymous. It can be found on WIKIMEDIA COMMONS. Our shellenergy.website publishes Shell Energy customer complaints posted on Trustpilot where there is an ample supply. Use this link for Shell’s own website.
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.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
MORE DETAILS: After a solicitor acting for Shell threatened to make the litigation "drawn out and difficult" with the intention of draining the resources of a financially weaker opponent, my late father (Alfred Donovan) and I decided to mount a wide-ranging campaign as a counter-measure. We jointly founded the Shell Corporate Conscience Pressure Group, which nearly 15% of Shell UK retailers joined. We regularly conducted ethical surveys involving up to 1500 Shell petrol stations. All responses were opened and authenticated by an independent solicitor who supplied Affidavits confirming the results. In whole page announcements in trade magazines (examples above) we challenged Shell to commission and publish the resuits of independent research asking the same questions and offering respondents GUARANTEED anonymity. Shell never took up the invitation. Instead it asked the UK Advertising Standards Authority to investigate our Shell surveys. No problems were found. The head-cut image of Alfred Donovan appears courtesy of The Wall Street Journal. 
See our link list of over 500 articles by the FT, Wall Street Journal, Reuters, Bloomberg, Forbes, Dow Jones Newswires, New York Times, CNBC etc, plus UK House of Commons Select Committee Hansard records, information on U.S. Securities & Exchange Commission website etc. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. Click on this link to see the entire list, all in date order with a link to an index of over 100 books also containing references to our websites and/or our activities.
John Donovan, the website owner
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
