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Posts Tagged ‘Peter Voser’

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 [...]

Shell Remains Committed To Natural Gas Strategy – CEO Voser

May 22, 2012 LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSB) believes rising natural gas demand will underpin its future profits, even though oil pricing still accounts for 80% of its margins, its Chief Executive Peter Voser said Tuesday. The oil giant, which expects to produce more natural gas than crude oil for the first time [...]

Shell CEO Peter Voser ignores plea from poisoned former employees

By John Donovan Printed below is an email sent to RDS CEO Mr Peter Voser on 4 May 2012 by a former Shell employee representing former workers at a Shell/Basf Chemicals factory in Brazil. The factory was built in 1977 by Shell. Dozens of former employees of the plant have been diagnosed with prostate, thyroid [...]

Shell’s pay plans are ‘excessive’

Oil giant Royal Dutch Shell is set to suffer a backlash from shareholders over executive pay, including a £9.4 million package for its boss. Chief executive Peter Voser took home 11.7 million euros last year – more than double the amount he earned in 2010 – after lucrative long-term incentive plans paid out. 20 May [...]

Shell latest victim of pay backlash

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 [...]

Shell has prepared for Greek exit from Eurozone

By Nina Dos Santos, CNN May 16, 2012 With a staff of more than 90,000 to consider and operations in more than 80 countries to oversee, Shell CEO Peter Voser has admitted that he must plan for what the markets say is an increasingly plausible outcome to a tragedy well into its third year. Speaking [...]

Carbon Sciences / Shell PR propaganda

press release May 14, 2012, 3:01 a.m. EDT Shell Executives’ Comments Confirm the Validity of Carbon Sciences’ Business Opportunity Exclusive Oil & Gas Middle East Interview Reveals Royal Dutch Shell’s View of the Future Role of Natural Gas and the Importance of Catalyst Technology SANTA BARBARA, CA, May 14, 2012 (MARKETWIRE via COMTEX) — Carbon [...]

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 [...]

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 [...]