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Posts on ‘May 15th, 2009’

Co-op Asset Management rebels against Shell, Next fat cat bonuses

Daily Mail By RUPERT STEINER Last updated at 9:58 PM on 15th May 2009 Shell storm: Cooperative Asset Management says Shell ignored its own rules on payouts One of the City’s most influential institutional investors is leading a rebellion over fat cat bonuses at Royal Dutch Shell and Next. Co-operative Asset Management is so unhappy it [...]

Midwest Radio censors ‘Rossport 5’ advertisement

As part of the May 17th event, Mr Corduff will tell the story of his being beaten up in the Shell compound in Glengad and hospitalised while he was taking part in a peaceful protest last month. “This is another worrying insight into the media which, with very rare exceptions, has also refused to report the beating up of Willie Corduff by sinister forces in the Shell compound in Glengad” said Afri Chairperson, Andy Storey.

Plan tracks investments in Iran-linked oil firms

EXTRACTS: (1) “Iran remains an active state sponsor of terrorism, with the Islamic Revolutionary Guard and Ministry of Intelligence and Security directly involved in the planning of various terrorist acts,” Buckley said.

(2) She used the example of the Royal Dutch Shell Group, which operates Shell in the United States. “It is considered a global company, with over 100,000 employees in a number of countries. Less than one percent of those employees are in Iran,” Bilyeu said. “By comparison, Royal Dutch Shell employs 23,000 people in the United States.” Bilyeu said after the hearing that it would cost the PERS retirement system $21 million to divest from such companies.

Pirc asking investors to oppose remuneration report at Shell

Pirc is asking investors to oppose the remuneration report at Shell, the Anglo-Dutch oil and gas group, that made share awards to directors who missed a performance target. Shell has its annual meeting next week.