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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Royal Dutch Shell

Royal Dutch Shell stories: 11 news summaries

Bush Cabinet Member in Criminal Inquiry

Interior secretary gave Shell big contracts, then took job with firm

Sep 17, 09 6:40 AM CDT
(Newser) - The Justice Department has opened a criminal investigation into whether Gale Norton illegally used her power as secretary of the Interior to obtain three oil contracts for Royal Dutch Shell—which only months later hired her as a legal counsel. The 2006 decision to award Shell leases on oil-rich federal... More »

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Bush administration • Department of Justice • Cabinet • Shell • Royal Dutch Shell • secretary of the Interior • Gale Norton

 Shell Settles 
 Nigeria Case 
 for $15.5M 

Saro-Wiwa settlement is milestone for international law

Jun 9, 09 5:40 AM CDT
(Newser) - Royal Dutch Shell agreed to settle a lawsuit over the 1995 deaths of Ken Saro-Wiwa and other Nigerians for $15.5 million, reports the Financial Times. Saro-Wiwa and eight other activists against petroleum exploitation were executed by the Nigerian military government, allegedly at the behest of the oil giant. In... More »

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Africa • oil • human rights • Shell • Nigeria • petroleum • international law • Royal Dutch Shell • Ken Saro-Wiwa

US Gets Tough on Foreign Bribery

Royal Dutch Shell,
Sun Micro among 120 being investigated

May 26, 09 8:06 AM CDT
(Newser) - US corporations are looking over their shoulders, thanks to a Justice Department crackdown on foreign bribery, the Wall Street Journal reports. At least 120 companies are being investigated under the Foreign Corrupt Practices Act, or FCPA—a nearly-forgotten Nixon-era law dusted off in the wake of a rash of... More »

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Department of Justice • bribery • Sun Microsystems • Alcatel Lucent • Royal Dutch Shell

Shell Accused of Crimes Against Humanity

Family of Saro-Wiwa sues oil company in American court

May 22, 09 7:18 AM CDT
(Newser) - Next week Royal Dutch Shell will finally appear in court to answer charges that it was complicit in the death of Ken Saro-Wiwa, the author and oil company critic executed by Nigeria's former military regime in 1995. Saro-Wiwa's family accuses the oil company of "a systemic campaign of human... More »

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oil • Shell • Nigeria • crimes against humanity • Royal Dutch Shell • corporate crime • oil industry • Ken Saro-Wiwa

 Fat Cat Exxon Primed to Deal 

Behemoth stood still when oil hit record highs, now has $40B for buying spree

Jan 12, 09 10:22 AM CST
(Newser) - Flush with cash after resisting costly acquisitions while oil prices hit record highs, Exxon Mobil could be ready for a shopping spree that could alter the face of the world’s energy supply, reports the Wall Street Journal. The company has nearly $37 billion in reserves and could target another... More »

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Brazil • mergers and acquisitions • Royal Dutch Shell • oil companies • Rex Tillerson • Exxon Mobil • Big Oil • oil prices

PR Blitz Aside, Big Oil Drilled Consumers for Stockholders

As demand drops, companies shelve plans to explore—among moves that benefit shareholders, not consumers

Oct 28, 08 12:43 PM CDT
(Newser) - Despite public-relations campaigns designed to make consumers think otherwise, big oil companies remain firmly tied to doing what’s best for their stockholders and bottom line, the Los Angeles Times reports. Though demand has outstripped production, companies spend more on stock buybacks than supply-boosting exploration. But, one analyst notes, “... More »

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shareholders • gas prices • alternative fuels • Royal Dutch Shell • oil companies • Exxon Mobil • Big Oil

 Gustav Kills 11, Weakens

Could strike US as Category 3

Aug 27, 08 11:09 AM CDT
(AP) - Thousands fled their homes as Hurricane Gustav triggered flooding and landslides that killed at least 11 people in the Dominican Republic and Haiti before weakening to a tropical storm, but forecasters said today that he still represents a major threat to the Caribbean and the Gulf of Mexico. They suggested... More »

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weather • Latin America • Mexico • Cuba • United States • Jamaica • Haiti • Caribbean • tropical storms • Dominican Republic • Royal Dutch Shell • Hurricane Gustav

 Supplies Drop as Big Oil's Power Shrivels

State-owned firms don't churn it out like Shell

Aug 19, 08 2:55 AM CDT
(Newser) - A rapidly changing world order has left the giant oil companies all monied up with nowhere to drill, the New York Times reports. The Western oil giants' share of production has plummeted from over half in the 1970s to just 13% today. Production is falling as oil supplies remain in... More »

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OPEC • ExxonMobil • Royal Dutch Shell • oil supply • oil exploration • oil companies • peak oil

Big Oil Deals Absent as Iraq Opens for Bids

No announcement of criticized contracts for Western companies

Jun 30, 08 11:13 AM CDT
(Newser) - The Iraqi government opened six oil fields to bidding today, without mention of expected no-bid contracts with big Western oil companies, the AP notes; it had been reported that several big companies were close to signing short-term deals with Iraq's government. "There is no preferential treatment for anyone, no... More »

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Iraq • Iraq oil • Chevron • BP • Royal Dutch Shell • Exxon Mobil • Total SA

Shell Profits Spike to a Record $27.6B

Critics say the oil giant's earnings are 'obscene' and want a windfall tax

Jan 31, 08 7:55 AM CST
(Newser) - Soaring crude prices and new oil and gas projects drove Royal Dutch Shell to 2007 profits of $27.6 billion—a new record for a British corporation—despite declining production. While critics branded the results “obscene” and called for a windfall tax, Shell’s CEO called them “satisfactory”... More »

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Nigeria • corporate earnings • gas prices • Royal Dutch Shell • Shell Oil • oil reserves

$100 a Barrel Oil Triggers Crisis

New energy shock caused by runaway demand

Nov 9, 07 11:11 AM CST
(Newser) - The planet is headed for the third major energy crisis in a generation, but this one may be more serious and last longer than the others, the Times reports. Energy crises in the '70s and '80s were triggered by interruptions in supply from the Middle East. This time around, the... More »

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China • India • solar energy • oil price • Energy crisis • Royal Dutch Shell • $100 a barrel oil • oil crisis

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