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Royal Dutch Shell

Top 5 infamous data breaches

By Steve Evans: Published 8 July 2011

Thanks to WikiLeaks and hacktivists Anonymous, data breaches have never been higher up the agenda.

CBR looks at some of the more infamous incidents of data loss.

Extract

Shell, 2010

Keep your workers happy seems to be the message behind this leak. Energy giant Shell was rocked in early 2010 when a database of 170,000 of its workers was emailed out to human rights groups and environmental activists, including Greenpeace and royaldutchshellplc.com, a website run by anti-Shell campaigners. It was rumoured that the database was emailed out of the company by a disgruntled employee. According to The Times, a covering letter criticising Shell’s activities in Nigeria was sent out with the database, apparently signed by more than 100 workers in the US, Holland and the UK. read more

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Inside Shell’s Iran Game

Forbes: Inside Shell’s Iran Game

June 3, 2010 – 4:58 pm Mark DubowitzBio | Email Mark Dubowitz is Executive Director of the Foundation for Defense of Democracies, and leads the Foundation’s Iran Energy Project  

Royal Dutch Shell resumed its gasoline shipments to Iran, International Oil Daily reported this morning.  The company got back into business with the Iranian regime after a six-month hiatus. The move is a slap at the U.S. Congress, which has been working to develop energy sanctions that could curtail the regime’s nuclear weapons program, human rights abuses, and support for terrorism.

According to International Oil Daily, Shell delivered three 30,000-ton shipments of gasoline last month to Iran’s Bandar Abbas port. The company’s last known shipment to Iran was recorded in October 2009. read more

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Shell – First million barrels of oil from ultra-deep water off Brazil

Shell is the operator with a 50% share with partners Petroleo Brasileiro (Petrobras) holding 35% and India’s ONGC Campos Ltda. 15%.

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Essar bids for three Shell refineries in Europe

Ed O’Keeffe Photography

Financial Times

By Carola Hoyos in London

Published: August 17 2009 20:29 | Last updated: August 17 2009 20:29

Essar, the Indian conglomerate, has bid for three European Royal Dutch Shell refineries on sale as part of the Anglo-Dutch oil group’s restructuring of its downstream operations.

The disposals by Shell are part of its strategy to rid itself of smaller refineries in favour of investing in large, integrated complexes, such as those in Port Arthur, Texas and Rotterdam. The package is valued at about £1.5bn ($2.4bn). read more

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Oil giants destroy rainforests to make palm oil diesel for motorists

Shell had the best record of the major companies for declaring the sources of its biofuel. It said that it did not use any palm oil last year because it could not find any from a sustainable source. Luis Scoffone, vice-president for biofuels, said that Shell could have met its biofuel obligation more cheaply if it had bought palm oil.

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Arrow Energy Has Talks On Possible Takeover

Arrow and Shell have both said previously that they've held talks about Arrow selling more gas to Shell. It would hardly be surprising if a potential takeover transaction came up in conversation.

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Retired Shell Group Auditor questions integrity of Jorma Ollila

By Bill Campbell (above), retired HSE Group Auditor, Shell International

On the subject of the integrity of Royal Dutch Shell Chairman, Jorma Ollila, raised by former Shell executive, Paddy Briggs, the information below was copied to Nokia yesterday, it should be self explanatory, if Nokia do not act they could find themselves guilty by association:

The attached information explains why Royal Dutch Shell along with the UK Oil Industry Health and Safety Regulator the HSE are currently being investigated by the Crown Prosecution Service (CPS) in Scotland. read more

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Royal Dutch Shell rumoured to be interested in gatecrashing merger

Traders saw the logic in such a move. Not only would a bid for Heritage boost Shell's reserves, it would help it recover some ground against BP, whose consortium last month won the rights to develop Iraq's biggest oilfield.

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Shell pollution at Deer Park Refinery

Despite Shell's state permits, the environmental groups found more than 1,000 occasions from 2003-06 when emissions exceeded hourly limits, which are meant to protect the public from acute, short-term harm. On three dates, records showed, Shell emitted more toxic compounds in a single day than its permits allowed in an entire year

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Only faith can solve the energy crisis

Scandinavia is one of the most secularised corners of the world and by reputation one of the most rational. So I was astonished last week to hear the Finnish chairman of Royal Dutch Shell (and of Nokia) Jorma Ollila, say that the world's energy crisis would not be solved unless everyone turned off the lights when they left an empty room.

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Shell settles human rights suit for $15.5M

washingtonpost.com

Shell settles human rights suit for $15.5M

FILE - In this May 27, 2009 file photo, members of Nigeria's Ogoni community and their supporters rally to raise awareness of the trial of Royal Dutch Shell, in New York. Royal Dutch Shell settled a lawsuit Wednesday, June 3, that accused the oil giant of playing a role in the executions of activist Ken Saro-Wiwa and other civilians by Nigeria's former military regime. (AP Photo/Bebeto Matthews, File) FILE – In this May 27, 2009 file photo, members of Nigeria’s Ogoni community and their supporters rally to raise awareness of the trial of Royal Dutch Shell, in New York. Royal Dutch Shell settled a lawsuit Wednesday, June 3, that accused the oil giant of playing a role in the executions of activist Ken Saro-Wiwa and other civilians by Nigeria’s former military regime. (AP Photo/Bebeto Matthews, File) (Bebeto Matthews – AP) By CHRIS KAHN

The Associated Press 
Monday, June 8, 2009; 5:19 PM
 

NEW YORK — Royal Dutch Shell agreed to a $15.5 million settlement Monday to end a lawsuit alleging that the oil giant was complicit in the executions of activist Ken Saro-Wiwa and other civilians by Nigeria’s former military regime.

Shell, which continues to operate in Nigeria, said it agreed to settle the lawsuit in hopes aiding the “process of reconciliation.” But Europe’s largest oil company acknowledged no wrongdoing in the 1995 hanging deaths of six people, including poet Ken Saro-Wiwa. read more

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Good interest seen in Shell assets

Stuff.co.nz

BusinessDay

Last updated 12:08 08/06/2009
photo Fairfax Media Shell Oil

Private equity funds are expected to take a healthy interest in Shell’s New Zealand asset sell up, The Australian Financial Review reported.

Shell has put its so-called downstream businesses on the block which include 230 petrol stations, aviation and marine fuel, bitumen, chemical, supply and distribution businesses plus a 17 per cent stake in New Zealand Refining and a quarter stake of FlyBuys operator, Loyalty New Zealand.

The AFR reported that Shell’s adviser UBS was putting a financing package together for bidders, which would provide clarity about the terms on which a lending syndicate was willing to roll over debt. read more

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BP yields to pressure and closes final salary pension scheme to new members

Royal Dutch Shell, BP’s main rival, continues to offer a final salary scheme to its UK workforce, but BP’s move is likely to prompt fresh speculation that Shell will follow its competitor’s lead.

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Royal Dutch Shell to compensate shareholders for reserves scandal

News that the oil giant had overstated reserves in submissions to the US regulator, the Securities & Exchange Commission, led to the departure of Sir Philip Watts, the chief executive, and Walter van de Vijver, Shell's then exploration chief. It came as a serious shock to investors and left Shell's reputation – and share price – in such tatters that there was speculation it would be taken over by a resurgent BP. The FSA subsequently fined Shell for committing market abuse and breaches of the listing rules after making misleading statements between 1998 and 2004.

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Shell Blog Posting by Iain Percival, Royal Dutch Shell retired Global Chief Petroleum Engineer

By Iain Percival

I have now caught up with the news / comments having returned from a most refreshing break at my home in Scotland – no internet connection which is good, for a while at least 🙂

My two pence of observations are as follows.

1. I have written on several occasions that Shell upstream is populated by many, many seriously good and dedicated technical professionals who wish for nothing more than (i)an interesting and rewarding career coupled with recognition for good / original / innovative contribution , (ii) progression based not on WHO you know but on what you know (capability) and demonstrable delivery of technical and / or commercial contribution, (iii)  courageous, knowledgeable & honest leadership, (iv) minimal burden of dealing with “stuff”, (v)association with a well respected company name (brand Paddy??). read more

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The big name: Peter Voser

The need to adapt Shell to a lower oil price environment, partly through cutting thousands of jobs, is now Mr Voser's agenda. "Too consensus- oriented," he called a company whose culture he also hopes to change.

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Angry shareholders ambush the top pay bandwagon

Its managing director, Alan MacDougall, says that if Shell, for instance, fails to put its house in order, ministers will need to "rewrite the corporate governance rulebook" and make majority shareholder votes at annual meetings binding on management.

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Battle of the bonuses targets a $100m boss

Jubb last week held Sir Peter Job, head of Shell's remuneration committee, to account over a decision to agree bonuses for top bosses, even though Shell had fallen short of its targets

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Going deeper than the rest

Shell’s Perdido platform may provide lessons in innovation to industry

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Well-off chiefs turn to charity

Jorma Ollila, chairman of Nokia and Royal Dutch Shell, says it can help win back respect as long as it does not look like an afterthought. "The best thing is if you don't do it after the facts but that it is an ongoing feeling," he says. "Philanthropy is one way [to regain public trust] but it needs to be part and parcel of what you do every day."

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Sharp divide in public opinion on bonus culture

Outrage is felt not just by the general public but by fellow business leaders. Jorma Ollila, chairman of Nokia and Royal Dutch Shell, said: "It doesn't help any of us when we have such public instances of excess and even wrongdoing."

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Royal Dutch Shell and Royal Bank of Scotland to merge

Posted on March 31st, 2009

by Paddy Briggs  RDS and RBS to merge

BY

Flora Poi

The leaked news, yet to be confirmed but buzzing around the City, that the two regal corporations Royal Bank of Scotland and Royal Dutch Shell are to merge has caught analysts and legislators off their guard. The idea that a failing bank and a struggling oil company should pool there resources seems extraordinary – but no stranger than the bizarre train of circumstances that has led to this apparent accord. The further leaked insider information that the two beknighted ex-CEOs of Shell and RBS, Sir Philip Watts and Sir Fred Goodwin, are to be jointly tasked with the creation of the new global giant has rocked the city to its foundations “It’s as if Lehman Brothers went bust” one insider said over a large glass of Château Margaux 1986. read more

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Shell to Sea campaigner jailed for 28 days for assault on garda

In sentencing her, Judge Devins told Ms Harrington she was less inclined to believe in her passion for her cause having “witnessed the enjoyment she seems to get in being in the public limelight”.

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Despite Recession and Prices, Exxon Plans to Expand

Oil prices have dropped more than $100 a barrel since their peak last summer, but Mr. Tillerson seemed unmoved. “We told our people to ignore all this noise about $100 oil,” he said. “We were not planning for a world of $100 oil, or $200 oil. We’re not having to huddle up or get on special meetings every other day. We really are making no adjustments to our business strategy. Around the house it feels pretty much business as usual.”

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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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Gold-plated retirements

In spite of losing his job, Sir Philip managed to hang on to a not insubstantial annual pension of almost £600,000.

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Shell says Qatar Pearl project tough but on track

"It's a very challenging project, but so far so good," Linda Cook, Shell's executive director for gas and power, told reporters on the sidelines of a conference.

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NAM to restart drilling at Dutch onshore oilfield

The Dutch NAM oil joint venture, owned by Royal Dutch Shell (RDSa.L) and Exxon Mobil (XOM.N), said on Wednesday it would start drilling at an onshore Dutch oilfield this week with production set to restart in 2010.

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BG Group bids for Australian gas company

Royal Dutch Shell last year joined forces yesterday with Arrow Energy to develop projects in Australia and international markets when it agreed to invest up to A$776m to buy 30 per cent of Arrow’s coal bed methane acreage in Queensland and 10 per cent of its international assets. Arrow is also a major shareholder in Pure Energy.

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Ensure there is no backlash against foreign workers says Lord Kerr, Deputy Chairman, Royal Dutch Shell

Published: February 6 2009 02:00 | Last updated: February 6 2009 02:00

From Mr Roland Rudd and others.

Sir, At this time of economic difficulty and real hardship for many people, it is more important than ever to cherish the principle of the free movement of labour in the European Union. This has been called into question by the strikes at the Lindsey oil refinery and elsewhere. The fundamental principle of the European single market is the free movement of goods, capital, services and labour. This means that continental European companies can invest in the UK; such investment generates economic growth and productivity. Similarly it enables UK companies to trade easily and invest in the rest of Europe. It is estimated that the single market is worth £20bn annually to the UK. read more

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Florida’s troubled state pension fund dumped $1 billion “prohibited” stocks, including Royal Dutch Shell

A law passed by the legislature in 2007 (Protecting Florida's Investment Act, PFIA) required the state pension fund to sell off any assets in companies that do business with countries on the US list of state sponsors of terrorism - principally Iran and Sudan. So far the state pension fund has sold more than $1.15 billion in probited companies. Among the divestments were several major oil and gas companies, including Brazil's Petrobras ($206 million), Total of France ($214 million) and Royal Dutch Shell ($215 million).

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Turkey’s private gas importers hit by Russian cut

ISTANBUL, Jan 16 (Reuters) - Gas imports by the Turkish units of Gazprom and Royal Dutch Shell , the only two non-state importers, were halted when Russian gas stopped flowing last week, company officials said on Friday.

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EMBARGO – Quietly, Chávez opens the door to Western oil firms

...faced with the plunge in oil prices and a decline in domestic production, senior officials here have quietly begun soliciting some of the largest Western oil companies in recent weeks, including Chevron, Royal Dutch Shell and Total, in the hope of getting them to invest in Venezuela again.

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Shell’s India arm buys LNG from Australia project

NEW DELHI, Jan 7 (Reuters) - The Indian arm of Royal Dutch Shell has bought 80 million cubic metres of liquified natural gas from Australia's Northwest Shelf project at $9.06 per mmbtu, an industry source told reporters on Wednesday.

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Royal Dutch Shell and the Nazi (updated with report of 4 day meeting between Deterding and Hitler)

LONDON, Oct. 25.-It is reported confidentially from Berlin that the object of Sir Henry Deterding's recent visit to Chancellor Hitler at Berchtesgaden, where he stayed for four days, was to discuss the conditions for granting a monopoly to the Royal Dutch and Shell Companies of petrol distribution in Germany for a long period of years.

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The Dislocated Americans

In the early 1990s, an in-house study conducted by Royal Dutch Shell found that an increasing number of two-career families were turning down overseas assignments. In the past, “a cadre of highly mobile employees would go anywhere at any time they were told,” said Simon Armstrong, who until recently was manager of Global Outpost Services, a support network for Shell employees and their families that was created in response to the study.

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Nigeria LNG declares force majeure on Shell shut-down

LAGOS, Nov 27 (Reuters) - Nigeria Liquefied Natural Gas Ltd (NLNG), supplier of around 10 percent of the world's LNG, declared force majeure on Thursday after Royal Dutch Shell was forced to shut down one of its feeder plants.

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Gazprom: Exxon, Conoco could join Yamal LNG

In the summer Gazprom said it saw Royal Dutch Shell as one of its potential partners in LNG projects in the gas-rich Arctic Yamal peninsula.

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Asians fail to join class action claims

According to Goal, almost $12bn in settlements, to which shareholders were entitled, was not reclaimed through class actions from 2000 to 2007. The list includes settlements against Enron, Worldcom, Parmalat and Royal Dutch Shell.

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Motiva Enterprises LLC

Motiva Enterprises (Motiva) is a joint venture between Shell (now known as Royal Dutch Shell) and Saudi Aramco. It refines, distributes, and markets oil products in eastern and southern US. The company operates in the US. It is headquartered in Houston, Texas. Motiva is a privately held company and does not publish its financial results.

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Analysis: Shell-Iraq gas deal a monopoly

A secret agreement obtained by United Press International reveals a planned joint venture company between Royal Dutch Shell and the Iraqi Oil Ministry would give the company a 25-year monopoly on the gas industry of southern Iraq.

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The dawn of a disturbing new reality

Royal Dutch Shell has dropped its proposed investment in plans to build the world's biggest offshore wind farm, the London Array, to concentrate on less risky US onshore wind power.

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Supermajors must up their game or eventually face extinction

The supermajors are now going to have to up their game to avoid being relegated to lower-value service providers - or eventually face extinction.

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Details of the final Kashagan agreement

Kazakhstan and a consortium of Western oil companies developing the Kashagan oilfield signed the final agreement on the future of the project on Friday after more than a year of tense negotiations.

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Oil Earnings Likely to Slip as Prices Fall

The major integrated oil companies report third-quarter earnings this week, with BP on Tuesday,Exxon Mobil and Royal Dutch Shell Thursday and Chevron Friday. Together, they are expected to report more than $35 billion in net income for the period...

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Chevron faces suit over Nigerian violence

A suit similar to Bowoto's, filed against Royal Dutch Shell by Nigerians including relatives of Ken Saro-Wiwa, a writer and activist hanged by the military regime in 1995, is scheduled to go to trial in New York in February.

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Oil cartel cuts output but price still falls

Many of the cuts will also hit energy groups working in Opec countries, including ExxonMobil and Chevron of the US, and Total, Royal Dutch Shell, Eni and Statoil of Europe.

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How Green Is the U.S. Supreme Court?

And, finally, Burlington Northern v. U.S., No. 07-1601, consolidated with Shell Oil v. U.S., No. 07-1607, also has potentially wide ramifications, all contend. The Court faces questions about the standards for apportioning liability among parties for Superfund site cleanups and for imposing so-called "arranger" liability under the same law.

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Crisis could hit Gazprom refinancing plans

...Gazprom’s net debt balance of Rbs1,103bn ($41.7bn) was still very high — the result of borrowing a record amount last year to fuel an acquisition spree in Russia, including control of Royal Dutch Shell’s Sakahlin-2 project.

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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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