Shareholders in Royal Dutch Shell have been advised to oppose the oil giant’s “excessive” executive pay, which saw chief executive Peter Voser’s total remuneration double to more than £10m last year. By Emily Gosden 7:15PM BST 19 May 2012 Pensions and Investment Research Consultants (Pirc) urged its members to vote down the remuneration report at [...]
Posts under ‘Daily Telegraph’
US pension fund giants lead Shell onslaught
FROM OUR ARCHIVES By John Donovan In May 2005, Royal Dutch Shell was in the middle of the maelstrom arising from the reserves scandal. Shell had defrauded many of its own shareholders as a result of filing false information with the US Securities & Exchange Commission. The Sunday Telegraph article printed below provides an insight [...]
Shell results should reverse share decline
Questor share tip: Shell results should reverse share decline Investors in Royal Dutch Shell must have been very relieved that the recent oil spill in the Gulf of Mexico was nothing to do with them. The oil came from “natural seepage” from the sea floor. By Garry White 7:00AM BST 22 Apr 2012 Shell £22.02½ [...]
The Sunday Telegraph: Online revolutionaries
The Sunday Telegraph: 10 September 2007 ARTICLE ABOUT GRIPE WEBSITES EXTRACTS Today’s activists are giving business a bloody nose from behind their keyboards – not the barricades. Revolutions used to happen in the streets – these days they take place online. And the targets are more often big businesses than bad governments. Banks, in particular, [...]
Shell management see pay double to $86m
Directors and senior management at Anglo/Dutch oil giant Royal Dutch Shell saw their total pay ore than double in 2011 to $85.7m (£54.7m). By Jonathan Russell, Assistant City Editor: 11:44AM GMT 15 Mar 2012 The company put the jump down to the high performance gearing in its remuneration package. Total pay jumped from $42.3m to [...]
From our archives: Shell to pay $48m Nigerian bribe fine
These companies, including Shell, admitted they “approved of or condoned the payment of bribes on their behalf in Nigeria and falsely recorded the bribe payments made on their behalf as legitimate business expenses in their corporate books, records and accounts”. Royal Dutch Shell has been ordered to pay $48m (£29.4m) in civil and criminal fines [...]
Sir John Rose joins intelligence specialist Hakluyt
n 2001, it faced controversy when it was alleged to have employed an operative to infiltrate environmental groups on behalf of BP and Shell.
Oil price could fall to $70 in 2012 amid volatility, Shell warns
Oil prices could fall to $70 a barrel during 2012, from current levels above $110, as high volatility in the economy and energy markets becomes “a fact of life”, Royal Dutch Shell executives said. By Emily Gosden: 3 February 2012 The oil giant unveiled its 2011 results on Thursday, with a 54pc jump in full-year [...]
BP should take a close look at Shell
There are two main differences between Royal Dutch Shell and BP. By Damian Reece, Head of Business 11:17PM GMT 02 Feb 2012 Shell’s results on Thursday showed it was capable of mistakes, like any company. Hiccups in its production business and continued over capacity in refining meant it undershot market expectations and the share price [...]
Cuadrilla admits drilling caused Blackpool earthquakes
Private company Cuadrilla Resources has admitted that its activities probably caused two seismic events that occured in Blackpool earlier this year. By Garry White 12:36PM GMT 02 Nov 2011 In April, a tremor measuring 2.3 on the Richter scale was felt in the Lancashire seaside resort, followed by an event in May that measured 1.5 [...]
HSBC fined £10.5m for ripping off OAPs
Mon, 05 Dec 2011 By STEVE HAWKES, Business Editor BANKING giant HSBC faces a nearly £40million bill after being found guilty of ripping off almost 2,500 pensioners. The City regulator today said elderly customers who were mis-sold products were more likely to DIE than benefit from their investment bonds. The Financial Services Authority fined HSBC [...]
Shell to invest $1.6bn in Brazilian oil block
Royal Dutch Shell will invest more than $1.6bn in the second phase exploration of a key Brazilian oil block and also plans to compete in the countrys next auction of oil and gas concessions, senior company figures have disclosed. An oil rig in Guanabara bay, Rio de Janeiro Photo: Alamy By Robin Yapp, in Sao Paulo [...]
Former Shell chairman James Smith to lead deregulation of UK oil and gas industry
WHAT WILL BILL CAMPBELL MAKE OF THIS? PUTTING A FOX IN CHARGE OF THE HEN HOUSE? The Government has appointed James Smith, the former UK chairman of Royal Dutch Shell, to lead a radical deregulation of the oil and gas industry. By Rowena Mason 6:00AM BST 07 Sep 2011 Charles Hendry, the energy minister, promised [...]
Investigation gets under way as Shell plugs North Sea oil leak
It also emerged over the weekend that there was an internal investigation into Shell’s Gannet plaforms in 2003 raising concerns about unapproved repairs and unreliable fire sensors. The claims are made within papers held by Bill Campbell, a former senior Shell employee, who has questioned the company’s environmental and safety record. Government inspectors are preparing [...]
Royal Dutch Shell closes oil valve after 12 day North Sea battle
Royal Dutch Shell has finally managed to stop oil from spilling into the North Sea after a 12-day battle with the Gannet field leak. Shells work is not over as it will have to remove oil trapped in the pipeline between the sealed off well and the platform. The Marine Coastguards latest estimate is that [...]


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