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Posts on ‘May 15th, 2007’

The Times: Queue to sue

16 May 2007 Class-action lawyers on both sides of the Atlantic can only be encouraged to redouble their efforts, and their potential fees, by the $3 billion settlement with aggrieved shareholders that Tyco has finally agreed. Everyone else should be appalled. When shareholders sue a company, for instance for issuing misleading information to the stock [...]

Article by former Shell Executive, Paddy Briggs: Royal Dutch Shell AGM 15th May 2007

Article by Paddy Briggs Royal Dutch Shell AGM 15th May 2007 In the good old days small shareholders of Shell Transport and Trading, the British arm of the Shell Group, could pop along once a year to see our Board of Directors and see the colour of their eyes as they answered our questions. We [...]

Geelong Advertiser: SHELL SHOCK: Indecision puts water plant in limbo

Kerri-Ann Hobbs Wednesday, 16 May 2007 SHELL’S refusal to commit to its Geelong refinery outside a year could torpedo its bid to grab $20 million for a water recycling plant. The gaffe also casts doubts on the security of Geelong’s water supply. And the global oil giant’s reluctance to secure the future of the Geelong [...]

Friends of the Earth International: Shell Shareholders Get Billion Dollars Bills

FOR IMMEDIATE RELEASE MAY 15, 2007 4:01 AM CONTACT: Friends of the Earth International Paul de Clerck, +32-494380959;    Shell Shareholders Get Billion Dollars Bills    THE HAGUE (THE NETHERLANDS), 15 May 2007 – Environmental activists presented today several multi-billion dollar bills to shareholders attending oil giant Shell’s Annual General Meeting in The Hague. The [...]

Financial Times: Nigerian unrest forces Shell to cut capacity

By Dino Mahtani in Lagos Published: May 15 2007 19:31 | Last updated: May 15 2007 19:31 Royal Dutch Shell, Nigeria’s largest oil producer on Tuesday said it had been forced to cut 170,000 barrels per day of oil production after villagers demanding money occupied a major pipeline. The protest had begun on May 10, [...]

Paddy Briggs comments on the article in The Guardian: Iraq’s oil wealth is being stolen

    (Retired Shell Executive, Paddy Briggs)  Please see the article I wrote FOUR YEARS AGO ! “Of course the war in Iraq is all about oil” http://shellbrand.blogspot.com/2003/03/of-course-war-in-iraq-is-all-about-oil.html Paddy Briggs Paddy worked for Shell for 37 years during the last fifteen of which he was responsible for Brand management in a number of appointments. He was [...]

Reuters: Ogoni youths halt Shell oil pipeline in Nigeria

Tue May 15, 2007 2:04 PM BST PORT HARCOURT, Nigeria, May 15 (Reuters) – Villagers have occupied a major oil pipeline hub feeding the Bonny export terminal in Nigeria’s southern Niger Delta, forcing Royal Dutch Shell (RDSa.L: Quote, Profile , Research) to reduce output, activist sources said. The protest was triggered by a dispute between [...]

allAfrica.com: Obasanjo’s Visit Divides Ogoniland

Ahamefula Ogbu, This Day (Nigeria) Despite protestations by representatives of Ogoni people against the planned visit of President Olusegun Obasanjo for the ‘spiritual cleansing’ of Ogoniland as part of the peace process initiated by the Reverend Father Mathew Hassan Kukah Committee, the occasion is scheduled to hold today. THISDAY learnt that at the weekend when [...]

RTE News: Campaigners raise concerns at Shell AGM

(Willie Corduff of “The Rossport Five” spoke at todays AGM in The Hague) Tuesday, 15 May 2007 14:14 The Shell to Sea Campaign has made a number of submissions to the board of Royal Dutch Shell at the company’s AGM in the Netherlands. Three of the members, Willy Corduff, John Monaghan and Terence Conway, made [...]