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January 4th, 2010:

Oil, money and greed

PETROLEUM ECONOMIST

A new book tells the story of the oil industry’s boom-bust cycle through the personalities of its main protagonists. It isn’t always a flattering portrait, writes Derek Brower

The book is especially strong on such juicy details, not least when it describes the machinations – rivalries, personality clashes and egos at work – during the mega-merger period of the late 1990s. Browne’s successor, Tony Hayward, is seen entertaining Gazprom boss Alexei Miller at a Chelsea football match in London. Shell’s former chief, Jeroen van der Veer, argues in German, without interpreters, with Russia’s then president Vladimir Putin about the Sakhalin Energy project at a private function in Holland. And so on. 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.

Shell Fined For UK Refinery Accident That Paralyzed Worker

THE WALL STREET JOURNAL

JANUARY 4, 2010, 11:19 A.M. ET

LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSB.LN) and two of its contractors have been fined a total of GBP283,332 by the U.K. Health and Safety Executive over an accident at the Stanlow refinery in Cheshire in 2007 that left a worker paralyzed below the waist, the regulator said Monday.

The HSE said the accident–in which a 500-kilogram container suspended above a walkway fell on worker Stephen Rizotti breaking his back, legs and pelvis–was totally avoidable.

“The scaffolding should have been constructed so that the lifting equipment was away from areas where people had to walk. The landing area should also have been suitably protected,” said HSE inspector Alan Graham. 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.