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Posts under ‘Malcolm Brinded’

Shell seeks to draw a line after fourth cut in reserves

FROM OUR ARCHIVES… Shell seeks to draw a line after fourth cut in reserves By Michael Harrison, Business Editor 25 May 2004 Royal Dutch-Shell, the crisis-torn oil giant, yesterday cut its proven reserves for the fourth time this year but then sought to reassure the City that it had drawn a line at last under [...]

Shareholders shake Shell with pay vote

23 May 2012 Shell became the latest company to receive a bloody nose yesterday, as more than a tenth of the oil giant’s investors failed to approve the pay awards of its top-level executives. Despite Shell reporting a 54 per cent jump in profits last year, just over 9 per cent of investors voted against [...]

Shell shareholders latest to warn on executive pay

May 22, 2012 By Alexis Flynn (Updates with details, context, background throughout.) LONDON (MarketWatch) — Royal Dutch Shell PLC (RDSA, RDSB.LN) shareholders showed their ire over high executive pay with 9% of investors rejecting the company’s remuneration report at Shell’s annual general meeting Tuesday. While the overwhelming majority of Shell shareholders backed paying Chief Executive [...]

Canada candidate for top Shell job

Financial Times: Canada candidate for top Shell job By Carola Hoyos in London Published: May 19 2004 5:00 | Last Updated: May 19 2004 5:00 Royal Dutch/Shell yesterday announced the first promotion to its committee of managing directors since the scandal over its oil and gas reserves cut its members from six to three. The [...]

Cash flows and oil spills for Shell’s directors

The CEO of the Royal Dutch Shell oil company Peter Voser earned more than $16.3 million last year amid surging oil prices, though the company was responsible for more than 200 spills last year. 16 March 2012 The CEO of the Royal Dutch Shell oil company Peter Voser earned more than $16.3 million last year [...]

Shell bosses cash in with shares plan sharing £54.5m between 19 senior staff

By Rob Davies PUBLISHED: 22:18, 15 March 2012 | UPDATED: 22:18, 15 March 2012 Shell’s top brass doubled their money in 2011 as the firm’s performance triggered generous share awards under an incentive scheme that has since been scrapped. Nineteen senior staff shared £54.5m compared to £26.9m last year, while they also picked up pension [...]

Shell’s Labor Costs Rose In 2011 Despite Fewer Workers

Published March 15, 2012: Dow Jones Newswires LONDON –  The cost of Royal Dutch Shell PLC’s global work force rose 2.8% last year, even though the Anglo-Dutch company reduced its overall number of employees by some 7.2% as the company continues to roll out a long-term plan to shrink headcount. In recent years, Shell has [...]

Pay of Shell chief more than doubles

FINANCIAL TIMES By Sylvia Pfeifer March 15, 2012 6:00 pm Peter Voser, chief executive of Royal Dutch Shell, Europe’s largest oil and gas company by market capitalisation, took home €11.7m last year, more than double his pay in the previous 12 months… Shell also disclosed that Malcolm Brinded, who will step down as head of [...]

PIGS AT THE TROUGH: PETER, MALCOLM AND SIMON

Shell admits 207 oil spills in 2011

Anglo-Dutch group is still investigating a further four spills in Nigeria that it admits may raise the 2011 total Terry Macalister guardian.co.uk, Thursday 15 March 2012 14.17 GMT Shell has revealed that its global oil spill record got worse over the last year with 207 sizeable incidents in 2011. The revelations in the company’s annual [...]

Shell CEO Voser’s Compensation More Than Doubles on Awards

By Fred Pals on March 15, 2012 Royal Dutch Shell Plc (RDSA) Chief Executive Officer Peter Voser’s compensation more than doubled to 11.7 million euros ($15.3 million) in 2011 from the previous year after long-term incentive bonuses and awards were vested. Voser’s total compensation included 6.5 million euros in awards that form part of Shell’s [...]

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 [...]

Shell chief’s pay soars to £10m ($15.6 million)

Russell Lynch 15 March 2012 Royal Dutch Shell chief executive Peter Voser saw his total pay packet more than double in 2011, a year when shareholders in the oil super-major had to make do with flat dividend payouts. The blue-chip’s annual report showed Voser’s total compensation last year hit €11.6 million (£10.1 million), boosted by [...]

Royal Dutch Shell CIO Alan Matula criticized by insiders

With Brinded now gone, might CIO Alan Matula now come under scrutiny? The parallels are there: years of over-promise/under-delivery, aggressive suppression of bad news, and the intimidation of critics through behaviour bordering on the psychopathic. Posting on Shell Blog by it4us 2012/03/05 at 8:37 am With Brinded now gone, might CIO Alan Matula now come [...]

The reality is Shell can’t build a refinery anywhere

The article re Brinded and Nigeria on “why Shell can’t build a refinery in Nigeria” is comical… the reality is Shell can’t build a refinery anywhere… Posting on our Shell Blog by a Shell/Motiva insider “Golden Triangle Watchman” on Mar 3rd, 2012 at 2:14 pm The article re Brinded and Nigeria on “why Shell can’t [...]