Wednesday, 28 December 2011
CASE 375 - Shell
Royal dutch Shell or just Shell based in the Hague, Netherland and registered in the City of London is the 5th largest corporation in the world, 2nd largest enrgy corporation according to Forbes magazine. Shell has operations in over 90 countries, produces around 3.1 million barrels of oil equivalent per day and has 44,000 service stations worldwide. Shell Oil Company, its subsidiary in the United States, is one of its largest businesses.
Shell has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has secondary listings on Euronext Amsterdam and the New York Stock Exchange.
Royal Dutch Shell Plc board members Jeroen van der Veer and Jorma Ollila, and Queen Beatrix of the Netherlands – a long term major shareholder in Royal Dutch Shell are all members of the secret group the bilderbergers and all three have attended the infamous secret meetings many times.
There are so many stories of corruption oil spills such as in Nigeria or the North Sea that shell have been to blame for and clearly just got away with and ignored all in the name of profits.
Royal Dutch Shell, six other firms to pay fine