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Shell boss hit by shareholder revolt over £8m pay

A quarter of Shell shareholders turned on Ben Van Beurden after he pocketed €8.9m (£7.8m)

Jillian Ambrose: 

The boss of Royal Dutch Shell has suffered a bruising shareholder revolt after more than a quarter of its investors voted against his multi-million euro payout for last year.

Ben Van Beurden pocketed €8.9m (£7.8m) for 2017 after trebling the company’s profits to $12.1bn (£9bn) as the oil giant staged an impressive recovery from a crash in prices.

But shareholders took against the FTSE 100 boss after an accident in Pakistan last year claimed the lives of more than 200 people in an explosion of a fuel tanker operated by one of the energy giant’s subsidiaries. read more

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.

Pakistan threatens action against Shell over tanker fire

By THE ASSOCIATED PRESS: ISLAMABAD — Jul 12, 2017, 3:22 AM ET

Pakistan says it is considering legal action against a subsidiary of Royal Dutch Shell after the company refused to pay $2.4 million in compensation to the victims of a tanker fire last month that killed 215 people.

Imran Ghazanvi, a spokesman for Pakistan’s oil and gas regulator, said Wednesday that a probe found the company responsible for the disaster. After the fuel tanker crashed and started leaking, hundreds of people from a nearby village who had rushed to collect the fuel were engulfed in flames when it ignited. read more

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.