Extract from an article published 1 July by Financialbuzz.com
Marvin Odum
Shell Tackles Climate Change
Marvin Odum speaks out
Article by M. Nadeem published 27 June 2014 by insider monkey.com under the headline: “Royal Dutch Shell plc’s Subsidiary Shell Oil Company President Marvin Odum Discusses Energy Industry State”
In a Fox News’ Opening Bell program on June 27, Shell Oil Company’s, a subsidiary of Royal Dutch Shell plc), President, Marvin Odum, talked about the current energy industry situation. Mr. Odum said that they are worried about raising oil prices, but, at the same time, they also understand that geopolitical events and other dynamics across the industry.
Talking about oil supply, Mr. Odum stated that there is no production impact as a result of what is going on in Iraq, and hopefully it will never happen. He also noted that “energy demand is doing nothing but increasing. And that’s even with tremendous efforts around efficiency, alternative fuels and everything else.”
Why wasn’t Marvin Odum fired after the Alaskan debacle?
MARVIN ODUM , DIRECTOR OF UPSTREAM AMERICAS. ROYAL DUTCH SHELL PLC
Extracts from an article published on Thursday 13 March 2014 by Rigzone.com under the headline: “Shell Looks for Tighter Grip on Upstream Americas”
Shell CEO Ben van Beurden commented: “Shell has a strong asset base and industry leadership in many of its growth themes. While this position of strength gives confidence for the future, it is also clear that we need to get a tighter grip on performance management in Shell. I am determined that, by focusing sharply on our three key priorities – better financial performance, in particular in our Upstream Americas and Downstream businesses, enhanced capital efficiency, and continuing strong project delivery, we will continue to grow our cash flow and improve our returns.”
FULL ARTICLE
Comment from a well-informed reliable source
The losses in upstream in the US are only partially related to the Alaska fiasco.
The amount rumoured to have been lost by Shell on unconventionals in the US may actually be far higher than the amount spent in Alaska, even though the figures have not been widely publicised.
While Alaska was a very public debacle, the cost to date is perhaps $5 billion, which may yet be recoverable if production ever takes place. In contrast, unconventionals have cost a total of about $25 billion, much of which will never be recovered.
Shell CEO Peter Voser: Did he jump or was he pushed?
Why would the issue of payment for loss of office even arise? Perhaps I am wrong but I am left with the impression that his early departure was by mutual consent and on the basis of no compensation for loss of office? In other words the board wanted him to leave early and he agreed?
By John Donovan
I was intrigued by the inclusion of the following statement by Shell in the Remuneration Disclosure for Peter Voser published earlier today:
“Payment for loss of office
No payment for loss of office is made or will be made to Peter Voser.”
Consequently I sent the following email to a source with Shell insider knowledge:
Wording seems odd to me?
Why would the issue of payment for loss of office even arise?
Perhaps I am wrong but I am left with the impression that his early departure was by mutual consent and on the basis of no compensation for loss of office?
THE RACE FOR VOSERS JOB
With regard to your most obvious rivals, Simon Henry seems to be a very intelligent, competent executive, but comes with the baggage of his starring role in the reserves scandal. I published our verdict. Based on my strange experience of communicating with Marvin Odum via RDS Plc Company Secretary Michiel Brandjes, I reached the conclusion that Mr Odum is a creep. As the New York Times has correctly speculated, he carries “the stigma of the Alaska debacle.”
Email to Royal Dutch Shell Upstream International Director Andrew Brown
From: John Donovan <[email protected]>
Subject: THE RACE FOR VOSERS JOB
Date: 3 May 2013 09:54:33 GMT+01:00
To: [email protected]
Dear Mr Brown
As you may recall, we published a leaked email from you minutes after you sent it, the content of which, with my normal lack of tact, I described as drivel.
According to press reports you are a candidate in the race for Peter Vosers job, along with Simon Henry and Marvin Odum.
Perhaps I have read too many gossip columns, but I find the carefully constructed formulation of the resignation quote attributed to Mr Voser rather odd.
Marvin Odum, just another Shell snake oil salesman
By John Donovan
Based on insider information, we beat Shell to the punch by announcing a day before Shell, that David Lawrence had left the company. We said that he had been fired after Shell’s Arctic plans fell apart.
When Shell was put under pressure to comment, the company claimed Lawrence was leaving by mutual consent. A fuelfix article published by The Houston Chronicle said in reference to this website “skeptics have fostered a different view:”
It wasn’t a case of being skeptical. We knew for certain that Shell was not being candid. Shell Oil Company president Marvin Odum apparently hoped we would all swallow the “mutual consent” hogwash.
Shell Oil and pornography
Shell Oil is the only major oil company that allows porn to be sold by independent retailers who sell branded gasoline
Shell Oil Company is the first and only major oil company to define Penthouse and Playboy magazines as “not pornographic.” Shell Oil Company made this policy change to allow Circle K Stores to sell pornographic magazines at two hundred forty (240) independent Shell branded stores that Circle K recently purchased.
Florida Family Association (FFA) has worked since 1997 to influence every major oil company to prohibit their branded independent stores from selling pornography. FFA influenced BP-Amoco, Exxon-Mobil, Chevron-Texaco, Citgo, Marathon, Murphy and Sunoco to add restrictions to their marketing agreements with independent retailers to prohibit the sale of pornography.
Shell to Keep Shale Drilling Investment Stable Amid Gas Glut
By Bradley Olson – Mar 7, 2012 9:29 PM GMT
Royal Dutch Shell Plc. (RDSA), Europes largest oil company, wont increase its spending on drilling shale fields this year due to low natural-gas prices.
It wasnt so long ago that gas prices were still at a level where everybody was drilling almost as fast as you could reasonably make it happen, Marvin Odum, the president of the companys North American operations, said in an interview today.
Now youre starting to see some upstream reaction to where the prices are, said Odum, in an interview at CERAWeek, a Houston conference held by IHS Cambridge Energy Research Associates.
Shell Executive: Expects To Drill In Alaskan Arctic This Summer
JANUARY 12, 2012
HOUSTON (Dow Jones)–Royal Dutch Shell (RDSA, RDSA.LN) is confident it will be able to drill for oil and natural gas in Alaska’s arctic region this summer as it hopes to overcome its remaining legal challenges.
“We still have a few not insignificant hurdles to get past, but it looks that we will be drilling,” Marvin Odum, president of Shell Oil Co., the U.S. unit of the Anglo-Dutch giant, said in prepared remarks delivered at a conference in Houston.
Deep Gulf drilling thrives 18 mos. after BP spill
By JONATHAN FAHEY, AP Energy Writer: 30 December 2011
ALAMINOS CANYON BLOCK 857, GULF OF MEXICO (AP) Two hundred miles off the coast of Texas, ribbons of pipe are reaching for oil and natural gas deeper below the ocean’s surface than ever before.
These pipes, which run nearly two miles deep, are connected to a floating Shell platform that is so remote they named it Perdido, which means “lost” in Spanish. What attracted Shell to this location is a geologic formation found throughout the Gulf of Mexico that may contain enough oil to satisfy U.S. demand for two years.
Shell focuses on less developed US shale oil plays
HOUSTON | Mon Oct 31, 2011 7:35pm GMT
Oct 31 (Reuters) – Royal Dutch Shell (RDSa.L) is “very interested” in onshore U.S. shale oil, but the company is focusing on less developed plays to bypass the pricey competitive rush for more established acreage, the head of Shell’s Americas operations said on Monday.
Marvin Odum told Reuters in an interview that oil majors likely will move into shale oil plays faster than they did during the natural gas shale boom.
He also said he expected the Keystone XL Canada-to-Texas pipeline to be approved despite opposition and that Shell’s joint-venture Motiva Enterprises’ refinery in Port Arthur will be well positioned to process heavy Canadian crude transported in the line.
Economic benefits will likely win Keystone XL approval: Shell
Christine Dobby Oct 24, 2011 5:41 PM ET
TORONTO The U.S. government is likely to approve the Keystone XL pipeline in part because of the economic benefits that would come along with the controversial US$7-billion project, the head of Royal Dutch Shells North American operations, predicted Monday.
In fact, the economic benefits attendant on the energy industries in North America in general are even more important than energy independence, Marvin Odum, president of Shell Oil Co. and upstream director of Royal Dutch Shells subsidiary company in the Americas, said at a Toronto conference.
Oil Drilling Rebounds in Gulf After Spill
A rig and supply vessel at work in the Gulf off the coast of Louisiana. Associated Press
By RUSSELL GOLD
The Gulf of Mexico has staged a comeback as a source of oil for big energy companies, little more than a year after the Obama administration largely shut down drilling in the wake of the largest offshore oil spill in U.S. history.
The burst of activity comes as the government prepares to toughen its oversight of offshore drilling. On Wednesday, federal regulators probing the Deepwater Horizon disaster issued a report that recommended numerous changes.
Shell Gambles U.S. Rules on Arctic Drilling
Shell, Europes largest oil company, says it must decide by October whether to assume that U.S. regulators will issue all 35 permits it would need to explore under the Beaufort and Chukchi seas next year during the four mildest months, from July to October.
Shell Executive: No Emergency To Warrant Release From Oil Reserve
June 30, 2011
HOUSTON -(Dow Jones)- There was no emergency in oil markets to warrant the globally coordinated oil release announced last week, a top executive from oil giant Royal Dutch Shell PLC (RDSA) said Thursday.
“That oil is there for emergency purposes. Do I consider now an emergency? I have to say I don’t,” said Marvin Odum, president of Shell Oil Co., the U.S. unit of the Anglo-Dutch giant. “It doesn’t change the middle- to longer-term picture. The conversation we need to be having is about the long-term supply issue.”
Public asked to place its trust in Shell operating principles
By John Donovan
In the article below, part of a major PR campaign, Shell Oil President Marvin Odum (right) asks a public concerned about Shell onshore operations, including hydraulic fracturing (fracking), to place its trust in the integrity of Shell and its global operating principles.
It is therefore timely to reflect on the repeated assurances of Shell business principles and code of ethics contained in the Form 20-F returns Shell filed with the U.S. Securities & Exchange Commission in the run up to the reserves scandal, which turned out to contain fraudulent declarations of oil and gas reserves.
U.S. Gulf still important to Shell
HOUSTON | Mon Jun 13, 2011 5:35pm EDT
(Reuters) – The Gulf of Mexico remains a “very strategically important” area for Royal Dutch Shell’s (RDSa.L) Americas arm both in terms of exploration and the company’s consideration of buying more assets, Marvin Odum, president of Shell Oil Co, said on Monday.
We’ve been growing our business there, mostly through exploration,” Odum said at the Reuters Global Energy and Climate Summit. “If something becomes available, I guarantee we’ll be looking at it.”
Shell Makes Final Investment To Develop Cardamom Field
June 8, 2011
LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSA.LN) has taken the final investment decision for the multi-billion dollar development of its deepwater Cardamom oil and gas field in the Gulf of Mexico, the Anglo-Dutch energy company said Wednesday.
“This is another sizable deep-water investment by Shell that strengthens energy supplies to the USA. It will also secure employment for more offshore workers,” said Shell Upstream Americas Director Marvin Odum. (Right)
Shell said its plan to develop Cardamom was a “significant, multi-billion dollar investment” although it didn’t specify how much and over what period of time it would be spending the money.
Shell President Marvin Odum Appears at the Senate Finance Committee Meeting
WASHINGTON, May 12, 2011 /PRNewswire/ — Statement of Marvin E. Odum President, Shell Oil Company (Photo right)
SHELL OIL COMPANY ODUM Marvin Odum, president of Shell Oil Company. (PRNewsFoto/Shell Oil Company) WASHINGTON, DC UNITED STATES
Chairman Baucus, Ranking Member Hatch, and members of the Committee:
I am Marvin Odum, president of Shell Oil Company. Shell is a global energy company, with more than 90,000 employees in more than 90 countries. Approximately 19,000 of those employees are here in the U.S. working to discover, produce, market and deliver to consumers today’s energy and tomorrow’s energy technology. Thank you for the opportunity to speak today.
Shell Hopeful on Arctic Permits After U.S. Meeting
Tuesday May 10, 2011
By GUY CHAZAN AND STEPHEN POWER
The White House is ratcheting up its involvement in a looming decision on whether to grant Royal Dutch Shell PLC permission to drill for oil off the coast of Alaska, raising the company’s hopes that it can secure the necessary permits for an expensive and controversial project.
In an interview, Shell’s U.S. president, Marvin Odum, said a meeting last week with senior Environmental Protection Agency officials and top energy aides to President Barack Obama left him more confident Shell would get all the permits it needs to start drilling in the Arctic seas off Alaska next year. The drilling plans have faced fierce opposition from environmental and some indigenous Alaskan groups and, a senior administration official noted, must still secure the approval of multiple federal agencies.
US not ready for debate on exporting shale gas: Shell official
Washington (Platts)–26Apr2011/533 pm EDT/2133 GMT
Shell’s president for US operations on Tuesday called talk of exporting shale gas premature, at least politically.
“We’re still waking up to the fact that we have this enormous energy resource in our backyard,” Marvin Odum said at the US Energy Information Administration’s conference in Washington. “It completely changed the way we look at energy as a country.”
“I think we finish that realization process and then have the political debate about whether exporting some of that energy is something we allow to happen or not.”
Shell Expects to Drill in Alaska’s Arctic in 2012
APRIL 15, 2011
By ISABEL ORDONEZ
Royal Dutch Shell PLC expects to start drilling in Alaska’s Arctic waters in the summer of next year and have in place an oil-containment system specifically designed for the area ready at the same time, the head of the company’s U.S. operations said Friday.
“Our aspiration is to drill in the 2012 season,” Marvin Odum, president of Shell Oil Co., the U.S. unit of the Anglo-Dutch giant, told Dow Jones Newswires in a interview. “We are hopeful, but also cautions.”
Shell Executives Convert Maximum Allowance of Bonus Into Shares
By Eduard Gismatullin – Feb 7, 2011 6:35 PM GMT+0000
Royal Dutch Shell Plcs Chief Executive Officer Peter Voser and five other executives agreed to convert the maximum proportion of their bonus into stock.
Voser got 50 percent of his 2010 bonus, or the equivalent of 1.875 million euros ($2.55 million), converted into 73,457 class-A shares, the company said today in a statement.
Five more executives, including Chief Financial Officer Simon Henry, also converted half of their bonuses into shares. Marvin Odum, president of Shells U.S. business, was the only one listed in the statement who converted 25 percent of its bonus into the company shares.
Shell: We’ll produce more gas than oil by 2012
Interview by Shelley DuBois December 15, 2010: 3:25 PM ET
FORTUNE — Slowly but surely, the energy landscape in America and around the globe is changing. Crude is still king, but oil and gas companies are increasingly folding in more and different assets.
Shell (RDSA), for example, has purchased and developed tons of natural gas assets, even though the commodity sells for cheap in the current market. To get some insight into Big Oil’s strategy for the future of energy, Fortune spoke with President of Shell Oil Company, Marvin Odum. Odum filled us in on the long-term natural gas outlook, drilling in the Gulf after BP (BP) muddied the industry’s reputation and why Shell feels like oil sands are cleaner than you think.
Shell chief sees some attractive BP assets – CNBC
Thu Jul 8, 2010 8:08pm GMT
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. NEW YORK July 8 (Reuters) – The head of Royal Dutch Shell’s (RDSa.L: Quote) U.S. arm told CNBC that the company could be interested in some BP Plc (BP.L: Quote)(BP.N: Quote) assets if its peer tried to sell off properties.
“If BP decided to sell assets clearly there are some things that would make sense for our portfolio. But that’s a later decision because of what’s happening now,” Shell Oil Co President Marvin Odum said.
BP, which has been battling the oil spill from a well blowout in the Gulf of Mexico since April, has announced plans to sell $10 billion in assets to help shore up its cash position.
Shell not planning oil sands expansion – paper
REUTERS
* Shell plans no expansions in oil sands
* Expects to boost output from existing ops (In U.S. dollars unless noted)
CALGARY, Alberta, April 29 (Reuters) – Royal Dutch Shell Plc (RDSa.L) has no plans to quickly expand its oil sands operations, focusing instead on tweaking output from its existing investments, the head of Shell’s U.S. arm told a Canadian newspaper.
In an interview with the Globe and Mail’s editorial board, Marvin Odum, president of Shell Oil Co, said the company was unlikely to launch a major expansion of its 60 percent-owned Athabasca oil sands project because new projects in the region, which contains the largest crude reserves outside the Middle East, are too expensive.
Shell Conchas Project Is Above Expectations, Odum Tells Valor
Bloomberg.com
By Laura Price
April 20 (Bloomberg) — Royal Dutch Shell Plcs Parque das Conchas oil project in Brazil is performing above expectations, Valor Economico said, citing Marvin Odum, the companys upstream director for the Americas.
Shell has been drilling at Parque das Conchas in the Campos Basin for six months, the Sao Paulo-based newspaper said. Oil exploration in Brazil, where Shell currently produces about 117,000 barrels a day, is one of the companys priorities, Valor said, citing Odum.
Shells Odum Says Brazil Oil Rules to Lure Spending
The Hague-based Shell, which has invested $2.8 billion in crude exploration and production in Brazil since 1998, will hold off on spending plans for the pre-salt area until rules are clear, said Marvin Odum, head of the companys oil and exploration for the Americas.
Royal Dutch Shell restructuring to affect 24,000 jobs
Royal Dutch Shell has unveiled the most the radical restructuring of its operations for decades in a move that will impact over 24,000 jobs.
Massive shake-up at Shell puts 24,000 jobs at risk
Up to a third of senior management under threat
Thursday, 28 May 2009
Hot on the heels of the surprise resignation of top executive Linda Cook, Shell’s in-coming chief executive Peter Voser announced major restructuring plans yesterday that could cut thousands of rank-and-file jobs.
Some 24,000 staff at the Anglo-Dutch oil giant will be affected by the changes, with job losses expected to be in the thousands. Up to a third of senior management are believed to be under threat.
There are three major structural changes. The company’s three upstream businesses exploration and production (EP), gas and power (GP) and oil sands will be combined into two, new regional units: Upstream Americas and Upstream International. Mr Voser is also creating an entirely new “Projects & Technology” division which will manage everything from R&D to project delivery to contracting and procurement. Finally, some parts of Shell corporate are to be absorbed into specific business units, while the rest is streamlined under a single combined human resources (HR) corporate director role.
Shell Sees Recession Improving Acquisition Prospects
As other companies potentially -- either already have or potentially -- go into distress and have an inability to perform on what they have, that likely creates an opportunity, Marvin Odum, president of The Hague-based Shells U.S. operations, said today in an interview in New York.
Shell Sees Global Oil Demand Doubling By 2050
Morning Edition, February 27, 2009 · As oil companies plan for the future, they are expecting prices and demand to be higher. Oil company executives were on Capitol Hill this week to discuss offshore drilling, which they say needs to be part of America’s long-term energy policy. Shell Oil Company President Marvin Odum tells Steve Inskeep that he expects demand throughout the world to double by 2050.
Video clip available at… npr
Shell Oil chief complains of ‘clumsy’ government
WASHINGTON - Shell Oil Co.'s chief executive for North America, Marvin Odum, complained Wednesday that regulatory red tape has slowed the company's $2 billion investment in offshore leases in Alaska.
Shell executive says low prices may hurt energy policy
WASHINGTON (Reuters) - Shell Oil Co President Marvin Odum said Monday he is concerned that falling oil prices are hurting investment in the sector and may push energy down as a priority for lawmakers.
Shell’s new president planning for future
Odum, 49, succeeded the retiring John Hofmeister as president of Shell Oil, the U.S. holding company for Royal Dutch Shell, in June.
Royal Dutch Shell has a new face in the driver’s seat for its U.S. operations: Marvin Odum
Shell experienced a host country taking control of an operation when Russia's Gazprom took over the majority of Shell's natural gas operation on Sakhalin Island in 2006. Other companies have had similar experiences in host countries.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
