Selection of links to news articles about Shell Pension Fund Problems which are undermining confidence in the proper administration of the funds.
March, 2009:
News headlines file for Royal Dutch Shell Pension Problems
GREENWASH: NEWS HEADLINES FILE FOR ROYAL DUTCH SHELL GREENWASH
Selections of links to news articles about Royal Dutch Shell GREENWASH activity involving deliberate deception, treating the public as mugs.
NEWS HEADLINES FILE FOR ROYAL DUTCH SHELL RESERVES FRAUD
THE ROYAL DUTCH SHELL RESERVES FRAUD UNFOLDS: SEE OUR SELECTION OF LINKS TO NEWS ARTICLES WITH HEADLINES SUCH AS "INVESTORS HOWL FOR SHELL"S BLOOD", "SHELL'S REPUTATION LEFT IN TATTERS" & "MEMOS EXPOSE SHELL'S YEARS OF LYING"
Controversy in U.S. fraud claim brought against Shell Oil
The lawsuit centers on claims by Sentis Group Inc., and owner Alan Barazi, regarding a contract with Shell Oil Co. to operate 29 mini-mart gas stations in Kansas City. Barazi disputed Shell's expense and profit figures and sought $28 million in damages for alleged fraud and breach of contract under the Petroleum Marketing Practices Act. Sentis Group Inc. v. Shell Oil Co., No. 07-2308 (8th Cir.)
Greenwash: Shell betrays ‘new energy future’ promises
The energy company has sold out on its renewable investments, claiming they are ‘not economic’
-
- guardian.co.uk, Thursday 26 March 2009 10.29 GMT
Shell, I have to report, is the new Exxon. The company that back in December was filling this and other newspapers with double-page adverts promoting its conversion to a “new energy future” of wind farms, hydrogen fuels, fuel made from marine algae and much else, has pulled the plug.
Jorma Ollila tribute
Mr. Ollila demonstrates his pragmatism defending Shells recent decision to stop investing in wind and solar energy and focus generally on biofuels as its approach to climate change measures.
Clampdown on greenwash
David Norman, director of campaigns at WWF UK, whose complaint against an advertisement by Royal Dutch Shell last year was upheld by the ASA, gave the change in rules a cautious welcome.
State intervention vital if Britain is to meet its green energy targets, says former BP boss
Britain must revert to greater state control of energy markets to hit ambitious targets on renewable energy and climate change, according to the former head of BP.
Green energy is not such a breeze
One by one, the energy giants that hoisted green flags and trumpeted their conversion to renewables are ducking and diving and hiding behind the curtains. Iberdrola, a big investor in wind farms in Spain and the owner of ScottishPower, is slashing its spending on renewables by 40 per cent. Shell said recently it would no longer invest in wind turbines, preferring to focus its efforts on new biofuel technology, while BP has opted out of the UK renewables market, deeming it to be a poor bet.
Fears for green energy after investment is slashed
Shell and BP have shelved or pulled out of renewable energy projects, including a £3 billion project for 341 turbines in the Thames Estuary, and questions have been raised over the future of npowers £2.2 billion Gwint y Mor farm off the Welsh coast.
Gasbags talk up Santos takeover
SANTOS shares jumped 80c, or 5 per cent, to $16.93 yesterday on revived speculation of a bid from an international oil giant.
With Suncor and Petrocan merging, analysts look at who’s next
"I think it's possible that they could be acquired, but I think the likelihood with their scale becomes less so, because then it becomes a major transaction, even for a supermajor," he said, naming ExxonMobil, Royal Dutch Shell and BP as possibilities.
Exxon, Chevron Count Every Dollar to Protect $40 Billion Hoard
At risk for Exxon Mobil and Chevron is money that could be used for acquisitions.
The Great Game Moves North
The U.S. Ninth Circuit Court, for example, ruled last November that before the Royal Dutch Shell company can move forward with exploratory drilling in the Beaufort Sea north of Alaska -- for which it had already paid the U.S. government billions of dollars in leases -- the U.S. Interior Department needs to further study the environmental impacts of drilling on the sea's bowhead whale population and nearby indigenous communities.
A noose tightens *(no mention of Shell’s key role in Al Yamamah oil for arms scandal)
But the biggest case was always the Al Yamamah probe, which became even more explosive after it emerged that the SFO was investigating allegations that the company had paid more than £1bn to Prince Bandar bin Sultan, the former Saudi ambassador to Washington. Prince Bandar has also always denied wrongdoing. The scrapping of the Saudi case on national security grounds proved a pyrrhic victory for BAE, however, as it triggered a wave of criticism of the company and was followed by the launching of other investigations around the world.