The shock waves have however been such that Clive Mather, Chairman of the trustees of the Shell Contributory Pension Fund, has felt it necessary to send a message of reassurance to Shell UK pensioners. Dutch Shell pensioners will no doubt find it informative to contrast their uncertain situation with that of their UK counterparts.
December 26th, 2008:
Dutch Shell Pension Fund Scandal: Negligent Administration?
Shell to Buy Assets of U.S. Energy Marketer Enspire
Dec. 26 (Bloomberg) -- Royal Dutch Shell Plc, Europes largest oil company, agreed to buy the assets of Enspire Energy LLC, an energy marketer based in Virginia.
Crude Oil Rises First Time in 3 Days After U.A.E. Cuts Output
Crude hasnt bottomed out as yet because we are getting so much bad economic news, said Tony Regan, a Singapore-based independent energy consultant, who formerly worked for Royal Dutch Shell Plc and Nexant Inc.