Royal Dutch Shell Group .com Rotating Header Image

Posts on ‘February 16th, 2010’

BP drops out of US emissions lobby body

Financial Times

By Sheila McNulty in Houston and Anna Fifield in Washington

Published: February 16 2010 20:48

BP, Europe’s biggest oil company, has pulled out of the leading business group lobbying for curbs on US greenhouse gas emissions, a sign of fragmentation in the campaign for climate and energy legislation. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Energy Company Mergers Are Expected to Rise

THE NEW YORK TIMES

By JAD MOUAWAD Published: February 16, 2010

Energy companies are on the prowl again.

After a two-year slowdown in mergers and acquisitions in the industry, companies are once again looking for ways to use their checkbooks to expand their reserves, buy new technology or snap up promising oil and gas fields.

Unlike the round of mergers that created today’s behemoths in the late 1990s, the current round is not expected to form new giant companies like Exxon Mobil or ConocoPhillips. This time, companies are focused on buying fast-growing small companies, or on acquisitions that expand their reserves in an era when it is hard for them to find new places to drill. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell data hackers hoped to kick-off ‘revolution’

ITPRO

A document released with the stolen database suggests Shell could face more breaches.

By Richard Thurston, 16 Feb 2010 at 15:13

A lengthy document sent by allegedly disillusioned Shell employees to leading environmental and human rights activists sought to launch a corporate revolution at the oil giant.

The document, which was given to IT PRO, was attached to a leaked database containing contact details of nearly every Shell employee. It was sent by 116 disillusioned full-time employees in the US, the UK and the Netherlands to Greenpeace and other campaign groups active in Nigeria.

The document contained information on how the contact database could be used change the way Shell operates, by influencing employees, the public, top institutional investors and non-governmental organisations. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell Moves to Cut Executive Pay

THE WALL STREET JOURNAL

FEBRUARY 16, 2010

By JAMES HERRON

LONDON—Royal Dutch Shell PLC on Tuesday proposed changes to the way it pays its executive directors in an attempt to assuage concerns that led shareholders to reject its remuneration package last year.

The proposals constitute a significant step toward greater pay restraint at one of the world’s largest companies at a time when excessive awards to executives, particularly at banks, are a political hot potato.

The salaries of Shell Chief Executive Peter Voser and Finance Chief Simon Henry will be 20% lower than those paid to their predecessors and will be frozen from July 2009 until January next year, according to proposals outlined in a letter from the chairman of Shell’s remuneration committee, Hans Wijers. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell to curb pay, bonuses after investor revolt

REUTERS

LONDON (Reuters) – Royal Dutch Shell Plc (RDSa.L) said it was overhauling its pay practices for top management, including a pay freeze for its chief executive, Peter Voser, and a limit on bonuses, after a shareholder revolt last year.

The head of Shell’s remuneration committee said salaries for Voser and Chief Financial Officer Simon Henry, which are 20 percent lower than their predecessors’, were being frozen until 2011.

Directors will not, this year, be allowed to award management bonuses if they fail to meet pre-agreed targets. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Royal Dutch Shell freezes pay of three senior directors

London Evening Standard

16.02.10

Shell today bowed to shareholder anger over its senior staff pay by announcing it was freezing the salaries of its three top directors this year.

Chief executive Peter Voser and chief financial officer Simon Henry, whose salaries are 20 per cent lower than previous pay for their positions, will not get a rise until 2011. The international exploration boss, Malcolm Brinded, will also be affected by the freeze.

Shell also said it was preventing bonuses from rising this year and told shareholders of its decision. Last May, shareholders owning almost 60 per cent of the business voted against directors’ pay deals. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell guilty of allowing worlds biggest breach of employee details

By John Donovan

Shell media spin machine went into overdrive last week trying to downplay the worlds biggest ever leak of employee details, including personal information, which Shell Ethics boss Richard Wiseman, has twice admitted puts the safety of some employees at risk.

A copy of a related email from Mr Wendel Broere, Group spokesman, Global media relations, Shell International B.V, desperately engaged on a damage limitation exercise with the news media, was leaked to me on the day it was sent. My role is discussed in the email, no doubt because I am the person who broke the story which turned into a global PR disaster for Shell, with all kinds of unwelcome repercussions, including an investigation by the Information Commissioners Office and the prospect of a fine for being reckless with confidential employee data. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Vigilantes target Royal Dutch Shell investors

IR magazine

An anonymous group of CSR-crusaders are performing anti-investor relations for Royal Dutch Shell.

A database of the personal details of Shell employees and contractors has been leaked by  environmental and human rights campaign groups. The document, confirmed as genuine but out of date by Shell, contains the personal details of 176,000 individuals. Released on the evening of February 11, it comes with a 170-page ‘covering note’ from the vigilantes including plans for a campaign to educate the company’s institutional investors. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com