Five weeks have been put aside for the court hearing of the action by 700 former Southern shareholders who are suing Shell Exploration New Zealand…
Posts on ‘May 11th, 2008’
Mohammad-Javad Shams, board member of the Pars Oil and Gas Company, was speaking a day after Royal Dutch Shell RDSa.l said it had pulled out of developing another phase of South Pars, after pressure not to participate from U.S. lawmakers.
…sources say that Shell seems very willing to ensure that its top executives maintain their high-living lifestyles when they retire, whilst turning a blind eye to the thousands of their ex-employees who live in less comfortable circumstances.
The American Petroleum Institute, the industry’s main lobby, has embarked on a multiyear, multimedia, multimillion-dollar campaign, which includes advertising in the nation’s largest newspapers, news conferences in many state capitals and trips for bloggers out to drilling platforms at sea.
During 2007 the largest oil companies were bringing in an astounding $1,300 per second! If I were them I wouldnt lower prices either.
Shell co-owns a wind farm in Lamar and is involved in 11 wind projects in the U.S. and Europe.
In its quest to remove oil from western Colorado’s shale, Royal Dutch Shell has been buying land and water rights in anticipation of what is likely to be a thirsty new industry.
There is a common pattern here – greed mendacity, selfishness and, most culpable of all, stupefying ignorance. Add to this a meanness of sprit – no wonder many of us in the Shell afterlife feel that we don’t know the company at all any more.
Royal Dutch Shell is facing a showdown with investors over its plans to pay £3m to directors simply to stay on the board for three years.
Following recent in-cessant attacks on its production facilities and widespread theft of its crude oil and condensate, especially in the volatile Niger Delta region, the Shell Petroleum Development Company (SPDC) has described the situation as precarious and an impending disaster in the oil industry.