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Posts under ‘Peter Voser’

China posed for more investment in shale?

BEIJING, May 1 (UPI) — China invested $222 million in its shale gas sector last year, a government official said. Yet China’s investment in shale gas exploration and development is “very small” in proportion to the country’s overall oil and natural gas exploration and development, which totaled more than $9.5 billion last year, Wang Min, [...]

Shell sees profits surge on oil price rise

Oil giant Royal Dutch Shell today revealed that profits rose almost 50 per cent during the first three months of the year as it joined rival BP in benefiting from higher oil prices. The Anglo-Dutch firm reported earnings of $4.9bn (£3.2bn) for the first three months of the year – just one day after BP [...]

Shell Boosts Asset Sales, Posts Consensus-Beating Profit

By Alexis Flynn Of DOW JONES NEWSWIRES LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSB.LN) Thursday raised the amount of asset sales it plans for this year as it posted consensus-beating adjusted profit for the first quarter due to high oil prices and a small increase in its production. The results marked a return to form [...]

Shell Net Little Changed, Projects Offset Lower Output

By Eduard Gismatullin – Apr 26, 2012 7:48 AM GMT+0100 Royal Dutch Shell Plc (RDSA), Europe’s biggest oil company, reported first-quarter earnings that beat estimates and raised a target for asset sales this year. Excluding one-time items and inventory changes, Shell posted profit of $7.28 billion, compared with the $6.7 billion average estimate of eight [...]

Shell’s wildly inaccurate reporting of Niger Delta oil spill exposed

23 April 2012 A major oil spill in the Niger Delta was far worse than Shell previously admitted, according to an independent assessment obtained by Amnesty International and the Centre for Environment, Human Rights and Development (CEHRD), which exposes how the oil giant dramatically under-estimated the quantities involved. The spill in 2008, caused by a [...]

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 [...]

Shell, Ferrari and the controversial 2012 Bahrain Grand Prix

Royal Dutch Shell (Shell) has contractual obligations to Ferrari which it must honour. However there is no reason why Shell  should not take the action I have outlined above in order to protect its reputation… EMAIL FROM RETIRED ROYAL DUTCH SHELL EXECUTIVE PADDY BRIGGS TO SHELL CEO PETER VOSER —– Original Message —– From: Paddy [...]

Showa Shell renews oil deal with Iran

Japan’s Showa Shell cuts Iran oil imports, renews deal-sources By Osamu Tsukimori TOKYO, April 18 (Reuters) – Japan’s top buyer of Iranian crude Showa Shell Sekiyu KK has renewed its annual oil purchase deal with Iran but cut the volume in line with other Japanese refiners to comply with U.S. sanctions, trade sources said on [...]

Partnership deals between Shell and PetroChina likely to be investigated

By John Donovan In February 2012, Royal Dutch Shell CEO Peter Voser confirmed that Shell is in a global partnership with PetroChina and its parent company, China National Petroleum Corp. Mr Voser said in relation to CNPC: “It’s part of our global partnership to optimize our business working environment inside and outside China.” The partnership [...]

Shell shale gas deal with China National Petroleum Corporation

Reports are now beginning to emerge drawing the China National Petroleum Company and Zhou Yongkang, a member of the all-powerful nine-member Politburo Standing Committee, into the unfolding political scandal, viewed as the most significant development/power struggle in China for many years. EMAIL DATED 15 APRIL 2012 SENT BY JOHN DONOVAN TO MR MICHIEL BRANDJES, COMPANY [...]

Chinese whispers linking Shell with Neil Heywood/Hakluyt

EMAIL DATED 13 APRIL 2012 SENT BY JOHN DONOVAN TO MR MICHIEL BRANDJES, COMPANY SECRETARY & GENERAL COUNSEL CORPORATE, ROYAL DUTCH SHELL PLC. POSTED AS AN ARTICLE From: John Donovan <john@shellnews.net> Subject: Chinese whispers linking Shell with Neil Heywood/Hakluyt Date: 13 April 2012 10:30:07 GMT+01:00 To: michiel.brandjes@shell.com Cc: peter.p.voser@shell.com Dear Mr Brandjes On 31 March [...]

Shell wins injunction, Greenpeace looks at options

When an oil company with billions of dollars employs an army of lawyers to undermine your right to peaceful protest and free speech, then you know you’re doing something right. April 6th 2:56 pm | Jim Paulin Shell has won an injunction requiring Greenpeace to keep its distance, 1,000 meters from oil rigs and 500 [...]

Energy in 2050 — Shell’s Peter Voser

Rich Karlgaard, Forbes Staff This article originally appeared in the Apr. 23, 2012 issue of Forbes magazine. This year will likely be the first time in history that a company tops $500 billion in sales. Two oil companies are good bets to pass the mark: the U.S.’ ExxonMobil and the U.K.-registered, Netherlands-headquartered Royal Dutch Shell. [...]

Peter Voser, the boss of Shell, got just over £10m

One of the standout features of the pay of boardroom bosses for 2011 is the number who seem to be at or near the £10m mark for their take-home packages. For example, Peter Voser, the boss of Shell, got just over £10m while Marjorie Scardino, the chief executive of Pearson, received £9.6m. FULL ARTICLE

Shell scrambles to pay huge bill for Iran oil

“Shell is working hard to figure out a way to pay NIOC,” said an industry source, who requested anonymity. “It’s very sensitive and very difficult. They want to stay on good terms with Iran, while abiding by sanctions.” By Richard Mably and Peg Mackey LONDON | Sun Mar 25, 2012 11:18am BST (Reuters) – Royal [...]