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Posts on ‘May 22nd, 2014’

BP claimants do not have to prove losses were related to 2010 disaster

Screen Shot 2014-05-22 at 13.24.30Extracts from articles published by The Daily Mail newspaper on 21st & 22nd of May 2014

BP’s bill for its Gulf of Mexico oil spill could rise by billions, after it lost an appeal to halt compensation claims it believes are unjustified. A US court refused to overturn a decision that claimants do not have to prove their losses were related to the 2010 disaster. The defeat means BP’s total estimate of Gulf of Mexico costs, some £25.4bn, could rise even further, depending on the final scale of environmental penalties. 

BP PLC said Wednesday it will ask the U.S. Supreme Court to decide whether businesses must prove they were directly harmed by the 2010 Gulf Of Mexico oil spill to collect payments from a 2012 settlement. “No company would agree to pay for losses that it did not cause, and BP certainly did not when it entered into this settlement,” the company said in a news release. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell meets target of 25% women directors

Screen Shot 2014-02-10 at 16.29.29Extract from a business times.com article by Ronnie Lim published 22 May 2014

FORMER StanChart Singapore CEO Euleen Goh and chairman, CEO and president of US-based Archer Daniels Midland Company, Patricia Woertz, were unanimously voted in as new Royal Dutch Shell directors earlier this week, bringing the total number of women on its 12-member board to the group’s targeted 25 per cent.

FULL ARTICLE

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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