Royal Dutch Shell plc .com Rotating Header Image

Posts Tagged ‘Peter Voser’

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 [...]

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 [...]

Toxic pay spotlight shifts beyond bank bosses

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.

An open wound for Shell

Some Shell employees complained on their website Royaldutchshellplc.com that a ‘Swiss Mafia’ is running the group. “Meanwhile, staff flocked to Royaldutchshell.com to attack the group’s management.” “Influential–you bet. The Donovans and their blog are regularly quoted in the mainstream media–no doubt that the father-and-son team is an ongoing headache for Shell.” By John Donovan We [...]

BP and Shell fight over African oil find

Italian search for partner to drill massive field off Mozambique attracts biggest energy players Mark Leftly: SUNDAY 18 MARCH 2012 BP and Royal Dutch Shell are looking at a $4bn (£2.5bn) stake in a gas field in Mozambique, a sale that would confirm East Africa as the hottest growth area in world energy. Eni, 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 [...]

Gazprom and Shell discuss further joint efforts in Russia and abroad

03/16/2012 | 02:43am The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Peter Voser, Chief Executive Officer of Royal Dutch Shell. The parties discussed the joint efforts within the Protocol on Strategic Global Cooperation. Special attention was paid to the interaction within the Sakhalin II project and possible cooperation deepening in geological [...]

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 [...]

£10.1m is Shell of a pay packet for oil giant’s boss

By STEVE HAWKES, Business Editor Published: Today at 13:41 THE BOSS of SHELL trousered £10.1million last year – and didn’t spend a penny on petrol. The oil giant’s annual report today revealed chief executive Peter Voser made a fortune in bonuses and long-term share awards. Benefits included “company provided transport for home-to-office commuting”. It came [...]

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 [...]