Royal Dutch Shell Group .com Rotating Header Image

Posts on ‘May 19th, 2013’

Shell and BP in secret meetings about oil

Screen Shot 2013-05-19 at 08.31.34Top petrol chiefs held talks once a year: The whistleblower claimed the office was swept for bugs before the talks, lasting nearly two hours. He added: “The security around their meetings was incredible. There was lock-down. The whole floor was a no-go area for anyone else. “It was just the two of them — the bosses of two huge rival companies — no PAs, no deputies. “It’s common knowledge they were talking about oil prices.”

Screen Shot 2013-05-19 at 08.24.55

Meetings … oil bosses Jeroen van der Veer, left, and John Browne

Exclusive By RHODRI PHILLIPS

The ex-boss of Shell held top-secret meetings with the BP chief, an insider claimed last night.

Jeroen van der Veer entertained John Browne strictly ALONE at his London HQ once a year, a former Shell worker said.

The whistleblower claimed the office was swept for bugs before the talks, lasting nearly two hours.

The firms face claims of ‘price fixing’.

He added: “The security around their meetings was incredible. There was lock-down. The whole floor was a no-go area for anyone else.

“It was just the two of them — the bosses of two huge rival companies — no PAs, no deputies.

“It’s common knowledge they were talking about oil prices.” 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: oil market regulation will cost consumers

Royal Dutch Shell lobbied against proposed European rules designed to clamp down on commodity market abuse, arguing they would raise costs for consumers and increase market volatility.

Screen Shot 2013-05-17 at 01.06.41

Shell argued strongly against elements of EC reforms to “strengthen the fight against market abuse across commodity and related derivative markets”.

Screen Shot 2013-02-01 at 22.25.42

Emily Gosden By 10:00PM BST 18 May 2013

The oil giant was last week raided by European Commission investigators over suspicions it could have colluded with BP and others to rig the oil price for more than a decade by reporting distorted prices to a price reporting agency (PRA).

The investigation has reignited the broader debate around regulation of trading in commodities such as oil and gas, which affect prices paid by consumers.

European Union politicians are considering EC plans to “strengthen the fight against market abuse across commodity and related derivative markets” and to revise the Markets in Financial Instruments Directive (MiFID II) to “enhance the transparency and oversight of derivatives markets including commodity markets”. 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
%d bloggers like this: