Posts Tagged ‘Royal Dutch Shell Plc’

(Reuters) – A commodities trader has filed suit against BP Plc, Royal Dutch Shell Plc and Statoil in a U.S. federal court, accusing the companies of colluding to fix prices in North Sea Brent crude oil. Thu May 23, 2013 4:33pm EDT (Reuters) – A commodities trader filed suit against BP Plc (BP.L), Royal Dutch [...]

EXTRACTS: Oil market participants have called into question the accuracy of Platts’s benchmarks. In an August letter to the International Organization of Securities Commissions, Total Oil Trading, an arm of French oil company Total, said Platts’s prices are “out of line with our experience” several times a year. Spokesmen for BP, Shell, and Statoil declined [...]

Allegations of “malpractice” in the oil market that could have cost drivers hundreds of pounds will be handed over to European investigators by a group representing 5,000 independent garages. By Rowena Mason, Political Correspondent: 12:01AM BST 23 May 2013 The Petrol Retailers’ Association said it has turned to the European Commission after British authorities failed [...]

By Rob Davies: PUBLISHED 22 May 2013 Investors joined environmental protesters in giving Royal Dutch Shell a slap on the wrists, as a tenth of them failed to back the oil giant’s pay arrangements. In what is likely to be chief executive Peter Voser’s last annual meeting before he retires, some 10 per cent of [...]

Shell is a very macho culture. There is some tokenism with weasel words spoken about the need for diversity – but little action. Voser’s claim that there are not enough talented women available is absurd given Shell’s financial and international strengths. The reality is that Shell was always run by British accountants and Dutch engineers [...]

By Andrew Callus THE HAGUE | Tue May 21, 2013 9:35am EDT (Reuters) – The hunt for Royal Dutch Shell’s (RDSa.L) next chief executive is underway, its chairman said on Tuesday, after CEO Peter Voser made what could be his last appearance at the oil group’s annual shareholder meeting. Voser announced his surprise decision three [...]

EMAIL RECEIVED BY JOHN DONOVAN Hello John and good-afternoon from Brazil! I don’t know whether you have been told or not but Shell and Basf have come to a judicial agreement and has paid for our rights along with medical assistance for direct former employees and its children for a lifetime. Thank you so much [...]

Royal Dutch Shell has admitted it needs more women on its board but pleaded for “patience” as it tried to find suitable candidates. Shell chief Peter Voser told the AGM that it would be “inappropriate” to speculate on the outcome of a European Commission investigation into oil price rigging. Photo: AFP/Getty By Emily Gosden: 7:13PM BST [...]

Bonus awarded to outgoing chief executive Peter Voser prompts 8% of shareholders to vote against remuneration policy Bumper £8m pay package for Shell boss Peter Voser (Daily Mail Article) Rupert Neate The Guardian, Tuesday 21 May 2013 18.38 BST Shell suffered an embarrassing 10% shareholder rebellion against its executive pay report on Tuesday. Almost 8% [...]

The whistleblower gave Halfon a statement in which he said the price of oil was being deliberately distorted: ‘I trade the oil market on a daily basis and every day the price is manipulated,’ he said. ‘There is ample oil in the system to satisfy demand at the moment. Profiteering seems to be the only [...]

John No doubt you picked this up already.   The words of a pharisee (red is mine). And what does he really mean, allegations of manipulation are against everything we believe. So Shell does not believe in allegations? Manipulation is OK?: Extracts from Dow Jones Report THE HAGUE, The Netherlands–The European Union probe into potential [...]

Suzanna Caldwell:May 20, 2013 A subdued Anchorage Assembly chambers turned into a federal courtroom of sorts Monday as members of the U.S. Coast Guard questioned Royal Dutch Shell officials over the grounding of one of its prized Arctic drilling vessels in stormy Gulf of Alaska winter weather. The Coast Guard’s formal marine casualty investigation hearings [...]

(Reuters 21 May 2013) – Days before a Shell drillship went aground in the storm-tossed Gulf of Alaska, it was clear that towing failures could spell disaster for the vessel, the crew and the marine environment, a company official told a U.S. Coast Guard panel on Monday. Other probes may result in civil or criminal [...]

  THE HAGUE | Tue May 21, 2013 12:05am BST May 21 (Reuters) – Royal Dutch/Shell CEO Peter Voser may be making his last appearance on the podium at the company’s annual shareholder meeting on Tuesday, turning the spotlight on management’s plans for a successor. Voser announced his surprise decision three weeks ago to step [...]

John, Your readers may find the following links interesting in view of the latest allegations regarding Royal Dutch Shell, BP, StatOil, and perhaps others: Racketeer Influenced and Corrupt Organizations Act - Wikipedia, the … en.wikipedia.org/…/Racketeer_Influenced_and_Corrupt_Organizations_…‎ This law-related article does not cite its references or sources. You can help Wikipedia by including appropriate … Summary - RICO predicate offenses - Application of RICO laws - Famous cases [...]