Mar 24th, 2012
by John Donovan.
Whatever the measure, some question whether a CEO deserves the credit for the outcomes for which he or she is rewarded. Peter Voser, CEO of Royal Dutch Shell, Europe’s largest company by market capitalization, enjoyed a doubling in his pay in 2011 to 11.7 million euros, largely thanks to a three-year bonus scheme linked to cashflow.
However, the rise in cashflow was tied to three giant projects sanctioned by Voser’s predecessor, Jeroen van der Veer – who famously declared that he would not have performed any better or worse had he been paid more or less – and devised by van der Veer’s predecessor, Phil Watts.
Feb 22nd, 2012
by John Donovan.
By Eduard Gismatullin – Feb 22, 2012 9:31 AM GMT Royal Dutch Shell Plc (RDSA) said Malcolm Brinded, a 37-year veteran at the company, will step down as exploration and production director and be replaced by Andrew Brown, currently Shells Qatar chairman. Brinded, who worked as an executive director for almost 10 years, will leave [...]
Feb 16th, 2012
by John Donovan.
“Van de Veer was in a tricky situation. The Shell reputation was already in the gutter after the reserves debacle and Brinded was the white knight in shining armour who was to help in the recovery process.” Introduction by John Donovan Former Shell International HSE Group Auditor, Bill Campbell (above right), provides more information about [...]
Oct 4th, 2011
by John Donovan.
Published: Oct. 4, 2011 at 7:55 AM BERLIN, Oct. 4 (UPI) — Executives in the energy industry need to invest more in shale gas while advancing environmental issues, an official said from Berlin. The United States is examining its shale gas potential as a way to address energy security issues. European countries like Poland and [...]
Sep 15th, 2011
by John Donovan.
That’s in marked contrast to Shell, which while operating Sakhalin-2 in 2006, was forced to execute a below-market sale of its operating position at bargain prices to Gazprom, the country’s giant gas gathering and distribution company. By Anna Shiryaevskaya – Sep 14, 2011 4:04 PM GMT+0100 OAO Gazprom expects the Sakhalin-2 venture to produce enough fuel [...]
Sep 13th, 2011
by John Donovan.
By John Donovan On Friday I sent an email to Mr Michiel Brandjes (right), Company Secretary & General Counsel Corporate of Royal Dutch Shell Plc. It had a subject – “Gannet Oil Spill: Document Authenticity” – but no content. It was sent by mistake. It prompted the subsequent self-explanatory email correspondence. EMAIL RESPONSE FROM MR [...]
Jul 30th, 2011
by John Donovan.
Results clouded by rivals and identity crisis! Titanic court battle looms for oil company! Executives may face charges! By Rowena Mason: 9:33PM BST 30 Jul 2011 If those headlines were meant for readers in 2011, the subject could be only one sorry corporate story: BP and its $40bn (£24bn) Gulf of Mexico oil disaster. However, [...]
Jul 5th, 2011
by John Donovan.
Shell has emerged as one of the top offenders despite promising to clean up its act five years ago after a large accident in which two oil workers died. Rob Evans, Richard Cookson and Terry Macalister guardian.co.uk, Tuesday 5 July 2011 22.34 BST More than 100 potentially lethal oil and gas spills took place on [...]
Jun 1st, 2011
by John Donovan.
Published: June 1, 2011 THE HAGUE, Netherlands, June 1 (UPI) — Royal Dutch Shell said Russian oil company Rosneft was interested in jointly exploring the hydrocarbon potential in Russia’s arctic waters. Shell Chief Executive Officer Peter Voser said following talks with Rosneft last week that both could look at “a multitude” of opportunities in the [...]
Apr 29th, 2011
by John Donovan.
One of the most striking features of the oil industry in recent times has been the divergent fortunes of Royal Dutch Shell and BP. BP has well-publicised problems that explain its recent under-performance, such as uncertainty over its future in Russia and the shock of last year’s Deepwater Horizon drilling rig explosion in the Gulf [...]
Apr 25th, 2011
by John Donovan.
FROM A DUTCH SHELL INSIDER Hello John The newspapers and some TV programmes are harping again on the bankers that have reduced bonuses but scandalously increased the basic salary and all are back to levels of before the crisis. So has Shell, it is mentioned several times. Voser is the highest earner in NL with [...]
Mar 9th, 2011
by John Donovan.
One of the examples of collusion between Shell and HSE was that HSE were aware that the Press Releases by Shell were false. From the feedback from the CPS investigation they confirmed that the CEO of the HSE was aware that the statements made by Shell in the Press Releases in 2006 were totally false [...]
Mar 4th, 2011
by John Donovan.
Introduction by John Donovan I have published below a self-explanatory statement by Bill Campbell (right), the retired HSE Group Auditor of Shell International. I will email this statement and a more detailed version to Michiel Brandjes, the Company Secretary of Royal Dutch Shell Plc and forward the same information to the senior Shell executives and [...]
Jan 8th, 2011
by John Donovan.
By Dr. John Huong (right) Below is a letter I last wrote on 3rd June 2004 to Shell Malaysian Management, hoping that if both sides entered into a constructive dialogue on a without prejudice basis, the matter could be resolved amicably despite the threats I had received on 17th May 2004 from their legal Manager [...]
Dec 28th, 2010
by John Donovan.
By Alfred and John Donovan Our outspoken friend, the former employee of Shell Oil USA, has raised the question of why Shell has not sued us for libel. Extracts from an article we published in February 2006 are informative on the subject. Since then, Shell was legally obliged to supply us with internal documents including [...]