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Malcolm Brinded

Shell pay packages defy poor stock performance

Royal Dutch Shell's senior executives were paid sharply higher remuneration last year, although performance in terms of shareholder returns was the worst of all big western oil companies.

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Shell To Pay $10 Bln Of Dividends; Production Not Replaced

Separately, Shell in a 20-F filing said Van Der Veer's total pay, including salary and bonus, was $8.34 million in 2008. Brinded earned $4.14 million, Cook earned $3.87 million, the retiring Rob Routs earned $5.16 million and CFO Peter Voser earned $3.59 million.

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Shell gearing up for difficult environment

A very interesting line from van der Veer: he has revealed that Shell does not plan any further investment in wind and solar power. Shell is focusing its renewables efforts on biofuels, where it is investing quite a lot in research into “second generation” fuels, so far without any commercial success.

More on the US Department of Justice investigation, which Shell was first made aware of in 2007. “We have started an internal investigation,” says Mr Voser. He adds that the DoJ is “looking at payments done by Panalpina [a global freight forwarding company] to customs in Nigeria on our behalf.”

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Shell workers face pay freeze, layoffs, job cuts and bonus suspension?

By John Donovan

The article in Dutch printed below is from a Shell magazine – Shell World NL of 03.2009 – delivered last week to Shell employees and retirees in the Netherlands. It announces that some staff will not receive a yearly increase in salary – the general salary round is being frozen for some Shell employees because of the deep economic downturn. 

I understand this means there is a possibility that similar people working in the same room will get a different pay increase. If correct, then there is concern the pain will not be evenly spread.  read more

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N’Delta Crisis: Shell to Lay off More Workers

But Shell’s Head of Exploration and Production Malcolm Brinded was quoted by Reuters report earlier this year as calling for a drastic reduction in costs in a confidential email he sent to some employees.

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Major job cuts at Shell

It has gone from the petty to the ridiculous... How can a company that for the last two years has boasted the largest profits in British history now go on to be cutting sandwiches and fruit... and encouraging their employee's to get their own lunch.

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Shell Bemoans Uncertainty on Rights

Foreign investors want more confidence about access to Russia's energy riches before helping the country tap its far-flung fields, said Malcolm Brinded, a senior executive at Europe's largest oil company, Royal Dutch Shell.

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Royal Dutch Shell Plc Chief Ethics & Compliance Officer Richard Wiseman silent on Shell ethical ratings debacle

Geneva-based Covalence published on 20 January 2009 its annual ethical ranking covering 541 multinationals. According to information on their website “Covalence’ s ethical quotation system is a reputation index based on quantifying qualitative data, which is classified according to 45 criteria such as Labour standards, Waste management, Product social utility or Human rights policy. It is a barometer of how multinationals are perceived in the ethical field.” Out of 541 multinationals surveyed, Shell is ranked near the bottom, at 510 overall, alongside the likes of the tobacco companies and Halliburton.

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Email correspondence with Michiel Brandjes, Company Secretary & General Counsel Corporate: 10 February 2009

Despite all the publicity of your web site, and all the evidence compiled by Bill Cambell, exposing the dreadful short comings of Shells North Sea Safety record, they continue in the same vein!

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Interview: Shell eyes Mideast growth, to cut some jobs

Earlier, some employees posted comments on Shell protest website royaldutchshellplc.com saying up to half the jobs at the Dubai operation could go. Dubai is a regional centre for Shell, with more than 600 staff, Restucci said.

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Malcolm Brinded at Buckingham Palace

MALCOLM BRINDED, CHIEF EXECUTIVE, SHELL EP  

MALCOLM BRINDED, CHIEF EXEC, SHELL EP

Buckingham Palace

2nd February, 2009

His Royal Highness, Special Representative for International Trade and Investment, received Mr. Malcolm Brinded (Executive Director of Exploration and Production, Shell).

TIMES ARTICLE

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An Open Letter to Richard Wiseman, Chief Ethics Evader & Non-Compliance Officer, Royal Dutch Shell Plc from Ray Fox

You will recall the white worms, dying trees and plants in my garden callously dismissed by you at the time as "your horticultural problems" – those "problems" subsequently ruined the lives of my family.

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Rumours about Motiva Plant Expansion in Port Arthur Texas

On 19 January disturbing rumours over the Motiva Plant expansion in Port Arthur Texas were brought to our attention. Motiva Enterprises LLC is jointly owned by Saudi Refining and Shell.

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CNBC: Shell gets tough on costs as oil prices bite

Brinded said Shell had a "dreadful start" to this year after 10 contractors and one third party were killed in three incidents...

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Shell employee safety: Shell EP Boss Malcolm Brinded says Shell has had a “dreadful start” to 2009

International Herald Tribune

Shell gets tough on costs as oil prices bite

 Tom Bergin

Royal Dutch Shell has intensified its cost-cutting efforts in response to the collapse in oil prices and also plans to step up efforts to improve what it said was a “mixed” safety record.

Shell’s head of Exploration and Production Malcolm Brinded told employees in an email seen by Reuters that staff had to make “tough choices.”

“We simply need much higher sustainable savings this year and I ask for real actions from all of you …. Shed contractor staff, challenge requirements, eliminate consultancy work, reduce travel massively, cut overheads everywhere,” he said. read more

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Shell gets tough on costs as oil prices bite

Reuters UK

Fri Jan 30, 2009 7:36pm GMT

By Tom Bergin

LONDON (Reuters) – Royal Dutch Shell (RDSa.L) has intensified its cost-cutting efforts in response to the collapse in oil prices and also plans to step up efforts to improve what it said was a “mixed” safety record.

Shell’s head of Exploration and Production Malcolm Brinded told employees in an email seen by Reuters that staff had to make “tough choices.”

“We simply need much higher sustainable savings this year and I ask for real actions from all of you …. Shed contractor staff, challenge requirements, eliminate consultancy work, reduce travel massively, cut overheads everywhere,” he said. read more

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LEAKED SHELL INTERNAL EMAILS FROM JEROEN VAN DER VEER AND MALCOLM BRINDED DATED 29 JANUARY 2009

The following leaked Shell internal emails contain candid admissions from Shell senior management not provided to shareholders in the Q4 financial results published on the same day. I have highlighted in bold examples of the candid admissions meant for Shell employees only. I supplied the leaked emails to Reuters who published an article after confirming the authenticity of both emails with Shell.

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Outspoken articles about Royal Dutch Shell from December 2004 onwards

Links to numerous outspoken articles about Royal Dutch Shell and related matters stretching back to December 2004.

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NOVEMBER 2008 EMAIL CORRESPONDENCE WITH RICHARD WISEMAN, CHIEF ETHICS & COMPLIANCE OFFICER, ROYAL DUTCH SHELL PLC

We also have the possibility that the radioactive contamination resulted from the arms which according to a very reliable knowledgeable source, Mr Gerald James, passed through the Earley terminal persuadably as part of Shell’s involvement in the “oil-for-arms trade.

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Top job shake-up at Shell in pipeline as new chief eyes costs

Shell has suffered a small exodus of talent in the past six months, including Lynn Laverty Elsenhans, 52, who reported to Mr Routs as head of refining and chemicals and was seen as a strong candidate to succeed him. Losing too many more top executives would be embarrassing.

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Shake-up in pipeline as Shell chief eyes costs

Royal Dutch Shell is considering changing the structure of its top executive team, in a move seen by some industry insiders as a precursor to a wider shake-up under Peter Voser, who takes over as chief executive in July.

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Overnight email correspondence with Richard Wiseman, Chief Ethics and Compliance Officer of Royal Dutch Shell Plc

Quite frankly, given your track record it is disgraceful that you have been appointed to the position of Chief Ethics and Compliance Officer for Royal Dutch Shell Plc. It must be because Machiavelli is unavailable.

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Shell to seek lower cost deals from service firms

Malcolm Brinded, who runs the oil and gas production unit at Shell, which invests more in developing oil and gas fields than any other listed oil company, said the weaker climate for service companies could be good for his company. "You have to look at opportunities that may be around in this cycle," told Reuters in an interview at the sidelines of an industry conference on Monday.

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Shell Names Voser Its CEO

LONDON -- Royal Dutch Shell PLC named Chief Financial Officer Peter Voser as its new boss, rewarding a man who helped restore the Anglo-Dutch company's battered reputation with investors after an accounting scandal in 2004.

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Shell names successor to Van der Veer

The oil group, which will announce its third-quarter results today, said the appointment had been made after a "comprehensive assessment and review of internal and external candidates".

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Shell chief’s early challenges

Malcolm Brinded, the head of exploration and production, is skilled at dealing with governments, but was tarnished by Shell’s repeated writedowns of its reserves in the aftermath of the misreporting scandal that emerged in 2004.

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Voser surprise choice as Shell chief

Encouragement from inside and outside the company persuaded Mr Voser to abandon the idea of returning to Switzerland, which he had considered, and to put himself forward to replace Mr van der Veer.

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Business big shot: Peter Voser

Peter Voser's appointment as chief executive of Shell suggests an effort has been made to draw a line under the murkiest episode in the company's recent history.

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Finance officer Peter Voser takes command at Royal Dutch Shell

The Anglo-Dutch group said that the appointment of Mr Voser came after a review of both internal and external candidates. He saw off two other Shell candidates: Linda Cook, the American head of Shell's Gas and Power business, and Malcolm Brinded, the British head of exploration and production.

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Dutch minister meets Qatar Shell scientists

Andy Brown, Shell’s managing director of Pearl GTL and Qatar Country Chairman said, “It is an honour for us to have minister van der Hoeven visit our facility. Her visit demonstrates the support we receive from the Dutch government to transfer energy technologies from our ongoing Shell research centres in the Netherlands to the Qatar Science and Technology Park for the benefit of Qatar, bringing companies and nations together in the pursuit of real energy solutions for the real world.”

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Abu Dhabi will remain a Leader in World Energy Industry says Shell

"We'll need all the help technology can give, as the world faces such great energy and environmental challenges. But, above all, the world will need leadership. And here Abu Dhabi can and will play a very strong role," said Malcolm Brinded, Executive Director Exploration and Production, Royal Dutch Shell.

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PUBLIC STATEMENT BY BILL CAMPBELL, FORMER SHELL INTERNATIONAL HSE GROUP AUDITOR

The devastating comments coming from such an eminently qualified expert appear to deliver a hammer blow to Mr Brinded’s ambitions of succeeding Jeroen van der Veer as CEO of Royal Dutch Shell Plc.

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Cook ahead in Shell’s two-horse race

In the minds of some outside the company, Mr Brinded's image is still tarnished by memories of the aftermath of the reserves scandal in 2004.

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Cook to break the mould at Shell

Cook joined the Shell board in 2004 in the aftermath of the embarrassing reserves scandal that cost chairman Sir Phil Watts and finance director Judy Boynton their jobs. She was devastated by the shake-up, having liked and respected Watts, but she refused to be deflected by the upheaval, choosing instead to get on with the job.

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Linda Cook said to be front-runner for Royal Dutch Shell CEO job (does this mean Malcolm Brinded CBE will end up as doorman at Shell Centre?)

In March 2007, Brinded was at the center of allegations claiming that that "top directors of Shell Expro in Aberdeen, the UK arm of the Anglo-Dutch group, allegedly sanctioned a policy widely known as Touch Fuck All (TFA) whereby offshore installation managers were told to stop any work with the potential to cause unplanned shutdowns"

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Business big shot: Linda Cook

While female petroleum engineers are rare, female chief executives of big international oil companies are even rarer. In fact, Ms Cook, 50, would be the first if she were to replace Jeroen van der Veer when he retires next June.

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Shell’s queen of the gas fields

In what now appears to be a two-horse race for the chief executive's job at Royal Dutch Shell, Linda Cook has some advantages over her leading rival Malcolm Brinded, head of exploration and production.

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Cook in pole position in race to be Shell chief

Linda Cook, the head of gas and power at Royal Dutch Shell, has moved into pole position to be the first woman chief executive of a major international oil company, after Peter Voser, the company’s chief financial officer, was reported to have dropped out of the race.

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Shell Retention Bonuses AGM Vote: “Together with those who abstained from the vote, a total of 49.5 percent didn’t support the bonuses.”

A total of 31.76 percent of voting shareholders rejected a plan to award Malcolm Brinded, Linda Cook and Peter Voser bonus payments of one million euros ($1.57 million), according to Shell's Web site. Together with those who abstained from the vote, a total of 49.5 percent didn't support the bonuses. The proposal would have been rejected if 50 percent plus one vote had opposed the bonuses.

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Shell rocked by investor revolt

Royal Dutch Shell yesterday faced an investor revolt at its annual meeting when just under half of voting shareholders failed to back a plan to award three executives €1m (£795,000) bonuses to stay in their jobs.

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Next Shell CEO likely internal hire – chairman

Malcolm Brinded, head of Shell's core exploration and production (E&P) unit, is tipped by many as a likely successor at the world's second-largest non-government-controlled oil and gas company by market value.

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Financial Times offers deepest apologies to Shell insiders about alleged ‘planted questions’

By John Donovan

The following Royal Dutch Shell Directors and officials were given advance sight of the article below and have chosen not to comment: Shell CEO Jeroen van der Veer, Malcolm Brinded, Executive Director of Shell EP, Keith Ruddock (General Counsel Shell EP), Richard Wiseman, General Counsel of Shell International Ltd and last, but not least, Jorma Ollila, Chairman of Royal Dutch Shell plc.

THE ARTICLE

On Wednesday 9 May 2007, FT.com published a Question & Answer session with Royal Dutch Shell CEO, Jeroen van der Veer. FT readers had been invited over several days to submit questions on the subject of Energy vs environment for Mr Van der Veer to answer. read more

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Ousted dictators

From our October 2005 Shell News Archive

The Seoul Times: NOC of Libya, Shell Agree on Major Gas Deal

“Shell’s Executive Director for Exploration and Production, Mr Malcolm Brinded, said: We are delighted to be back in Libya and honoured to work together with NOC…”: “I am excited about concluding this major agreement.”

Tuesday, October 18, 2005

By Jamal Al Majaida
Middle East & Africa

The National Oil Corporation of the Great Socialist People’s Libyan Arab Jamahiriya (NOC) and Shell Exploration and Production Libya GmbH have reached a long-term agreement for a major gas exploration and development deal.

The agreement covers the rejuvenation and upgrade of the existing LNG Plant at Marsa Al-Brega on the Libyan coast, together with exploration and development of five areas located in the heart of Libya’s major oil and gas producing Sirte Basin. read more

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Shell farcical No. 2 ranking in 2005 Accountability Rating in FORTUNE magazine

Royal Dutch Shell farcical No. 2 ranking in the 2005 “Accountability Rating” published in FORTUNE magazine

Tuesday 27 September 2005 08.15am ET

By Alfred and John Donovan

27 Sept 2005

How much faith can investors/stakeholders have in a rating methodology capable of conjuring up a ranking which has no relationship to reality?

Royal Dutch/Shell Group is No. 2 in the rankings of the 2005 “Accountability Rating” announced on 22nd September in Fortune magazine. This is a rating on corporate responsibility of the prestigious FORTUNE Global 100 companies. The Accountability Rating is apparently not a measure of how good or bad a company is, but supposedly how smart. It follows that by removing or diminishing the ethical dimension in a corporate rating assessment, a bad company can be made to look good. read more

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Shell plans major LNG investment in Libya

Lloyds List: Shell plans major LNG investment

“IT’S good to be back in Libya, says Malcolm Brinded, executive director for exploration and production at oil major Shell, as he announces the start of a huge new liquefied natural gas project centred at Marsa Al-Brega.”

Wednesday Sept 14, 2005

IT’S good to be back in Libya, says Malcolm Brinded, executive director for exploration and production at oil major Shell, as he announces the start of a huge new liquefied natural gas project centred at Marsa Al-Brega.

Shell and Libya’s National Oil Company are refurbishing and upgrading the existing LNG plant at Marsa Al-Brega on the Libyan coast, and exploring for hydrocarbons in the prolific onshore Sirte Basin.

US independent Marathon is looking at developing LNG facilities in Libya in the longer term, perhaps after 2009, says chief executive Clarence Cazelot. read more

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ROYAL DUTCH SHELL ROBBERS AND RASCALS

FROM OUR AUGUST 2005 SHELL NEWS ARCHIVE

ROYAL DUTCH SHELL ROBBERS AND RASCALS

“…Shell shareholders have to foot the bill for lawyers fees run up in the course of defending fat cat crooks, such as Sir Phillip Watts, the disgraced former Group Chairman of the Royal Dutch Shell Group. Sir Phillip ended up with a $18 million USD pension pot AND with all his ongoing legal fees being paid by Shell shareholders. This was after he had LIED AND COVERED UP THE TRUTH ABOUT SHELL’S RESERVES, AND IN THE PROCESS, DESTROYED SHELL’S REPUTATION”

By Alfred Donovan: Monday 12 Sept 2005

The press is having a field day in devising colourful headlines about the scandal ridden Royal Dutch Shell Group. An article in “The Sunday Times” yesterday had a story under the headline: “Shell move robs UK investors”. It reported on the horrendous tax implications for UK Royal Dutch shareholders resulting from the recent Royal Dutch/Shell unification and the dubious way in which Shell has dealt with the controversy thus far.

Yesterdays “Independent on Sunday” used the term “Clever Rascals” about Shell in a headline relating to the Sakhalin project in Russia and the potential ramifications in respect of the critically endangered western grey whale. For the record, the Encarta Online Dictionary definition of a “rascal” is: “dishonest person: somebody, especially a man, who is dishonest or otherwise unethical”. read more

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Shell Opens World Class Facility For Technical Learning

OilVoice.com: Shell Opens World Class Facility For Technical Learning

Wednesday, September 07, 2005

Shell International Exploration & Production (Shell) has today opened a state-of-the-art technical learning centre in its new international headquarters in Rijswijk, the Netherlands. Called Learning@EpiCentre, the site will be the primary venue for Exploration & Production (EP) technical training.

The EP headquarters also houses the central technology and research functions of the business. The world-class teaching facility is designed to accelerate the technical development of staff, and further boost Shell’s technical capability, to support its strategy of ‘more upstream’. Previously based in Noordwijkerhout in the Netherlands, the new location enables better collaboration between staff based at Shell’s EP headquarters and those who come to learn, accelerating knowledge sharing and transfer within the company. read more

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Shell settles Class Action Lawsuit and undertakes ethics makeover

Royal Dutch Shell settles Class Action Lawsuit and undertakes ethics makeover

Wednesday 31 August 2005: 20.00 ET

By John Donovan

Shell today announced that a settlement has been reached with plaintiffs in a shareholder derivative actions arising out of Shell’s 2004 reserves recategorisation – the Shell reserves scandal.

The action alleged that named individual defendants and third parties including PRICEWATERHOUSECOOPERS and KPMG breached their fiduciary duties to the companies, abused their control over the Companies, aided and abetted breaches by others, and/or committed gross mismanagement and/or constructive fraud. read more

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SHELL: Two radical steps could further distance Royal Dutch Shell from the reserves scandal

SHELL: Two radical steps could further distance Royal Dutch Shell from the reserves scandal

Monday 8 August 2005

By John Donovan

Although the media has welcomed the appointment of Jorma Ollila as the new Shell Chairman from June 2006, many of the news reports about his recruitment also include references to the Shell reserves debacle. This is despite the fact that over a year and a half has passed since news first broke about the scandal.

Commentary harking back to the scandal has been a regular feature of news reports about Shell. Although Shell has paid nearly a quarter of a billion dollars in regulatory fines and litigation settlements, other litigation is still proceeding, as well as on-going investigations, so there is no prospect of negative commentary abating any time soon. There is also the matter of the pending FSA tribunal ruling in respect of proceedings brought by disgraced former Shell Chairman Sir Phillip Watts. read more

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The Observer: Shell has Ollila; now what it needs is oil

The Observer: Shell has Ollila; now what it needs is oil

Sunday 7 August 2005

Oliver Morgan

Sunday August 7, 2005

Congratulations to Royal Dutch Shell on finding a true industrial heavyweight to be its next chairman. Last week’s appointment of Nokia’s Jorma Ollila went down well among Shell followers, and the mishap-prone Anglo-Dutch behemoth even got some rather favourable press. A round of large advocaats for the board, then? Not so fast, barman.

Ollila may turn out to be the best man for the job, but he starts out as the best man to fit a set of criteria so stringent as to have been raising eyebrows in the City for months. That the next chairman of the recently unified ‘new Shell’ was not to be a Brit, a Dutchman or an American for fear of inflaming national rivalries suggested the company had not consigned its notoriously political culture to the past. read more

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