Shell

In: Business and Management

Submitted By csact1314
Words 4280
Pages 18
|

Ship “Shell” Hit an Iceberg | Shell Oil Scandal in 2004 | | In 2004, the Shell Company was involved in an oil reserves reporting scandal. It made them caught in low point. | | Ines Chen, Leilani Zhao, Bingchen Wang |

Contents
Background……………………………………………………………………….. 2
Purpose of the case study… ………………………………………………...…2
Shell Company, the oil Industry giants………………………………………..3
The Iceberg ----Shell oil scandal ……………………………………………….. 4
Effect of the Scandal ……………………….……………………………………..6
The Origins of the Scandal …….………………………………………………....7
Weak internal controls, the dual company structure ......……………….…7
The shortage of oil reserves and World oil crisis ……………….....………10
The Closed Corporate Culture…………………………….………………..….11
Conclusion…………………………………………………………………….……14
Works Cited………………………………………………………………………15

Background:

In recent years, Shell was one of the most famous companies of the world because of excellent long-term planning, outstanding technical capabilities and unique management style. Shell, which was the Anglo-Dutch heritage and a twin board structure, once was treaded as textbook example of a multinational company. When people talked about the Shell Company, they always remembered the old corporate slogan, 'You could be sure of Shell'. Yes, this seemed a mere statement of fact. But such the good company liked this also did some bad things from the mid-1990s. The company had dealt with the environmental and human right's problem, and its competitors took this opportunity to grow bigger. In 2004, the company was involved in an oil reserves reporting scandal. They were caught in low point. Most people think this is the result of the twin board structure.

Purpose of the Case Study:

Corporate failure is never the result of a random set of events. It is normally a reflection of deep-seated corporate shortcomings. In this paper,…...

Similar Documents

Bash Shell

...is a Unix shell written by Brian Fox for the GNU Project as a free software replacement for the Bourne shell (sh). Released in 1989, it has been distributed widely as the shell for the GNU operating system and as the default shell on Linux and Mac OS X. It has been ported to Microsoft Windows and distributed with Cygwin and MinGW, to DOS by the DJGPP project, to Novell NetWare and to Android via various terminal emulation applications. Bash is a command processor, typically run in a text window, allowing the user to type commands which cause actions. Bash can also read commands from a file, called a script. Like all Unix shells, it supports filename wildcarding, piping, here documents, command substitution, variables and control structures for condition-testing and iteration. The keywords, syntax and other basic features of the language were all copied from sh. Other features, e.g., history, were copied from csh and ksh. Bash is a POSIX shell but with a number of extensions. The name itself is an acronym, a pun, and a description. As an acronym, it stands for Bourne-again shell, referring to its objective as a free replacement for the Bourne shell. As a pun, it expressed that objective in a phrase that sounds similar to born again, a term for spiritual rebirth.The name is also descriptive of what it did, bashing together the features of sh, csh and ksh. The Bash command syntax is a superset of the Bourne shell command syntax. The vast majority of Bourne shell scripts......

Words: 419 - Pages: 2

Shell

...Shell 1.You will be asked to present the objectives of the organisations of your choice according to what is stated on the websites of the organisations, marketing materials, mission statements, annual reports, etc.; feel free to bring these materials! 2.Find out what type of stakeholder groups the chosen organisation needs to deal with, what would be the most likely order of these groups according to company priorities and why? How would these groups alter the primary objectives of the organisation? 3.Also consider the difference between short-term and long-term objectives the organisation you have chosen has. Imagine yourself being a CEO of the company, what would be your objectives? Then imagine yourself being a member of one of the stakeholder groups, what would be your objectives in that case and why? 1. Our Vision To be the Top Performing and Most Admired Refinery in Asia Our Mission To continuously deliver shareholder value by: •Manufacturing and supplying oil products and services that satisfy the needs of our customers •Constantly achieving operational excellence •Conducting our business in a safe, environmentally sustainable and economically optimum manner •Employing a diverse, innovative and results-oriented team motivated to deliver excellence Our Objectives We are committed to deliver sustainable excellence in business performance by focusing on the following: •Benefit our shareholders •Realise the potential of our people •Meet our......

Words: 2731 - Pages: 11

Shell

...Shell in the Niger Delta: A Framework for Change Five case studies from civil society sponsored by February 2010 About ECCR The Ecumenical Council for Corporate Responsibility (ECCR) is a church-based investor coalition and membership organisation working for economic justice, environmental stewardship, and corporate and investor responsibility. ECCR undertakes research, advocacy and dialogue with companies and investors. It seeks to influence company policy and practice and to raise awareness among the British and Irish churches, the investor community and the general public. For more information, please visit www.eccr.org.uk. Acknowledgements ECCR would like to thank the five civil society organisations that contributed case studies based on their work in the Niger Delta; Cordaid for generously sponsoring the report; members, partners and independent experts who advised, read and commented on the text before publication; Royal Dutch Shell Plc and Shell Petroleum Development Corporation of Nigeria for providing company information and commenting on the text. Cover photo credits: Friends of the Earth International; IRIN/UN Office for the Coordination of Humanitarian Affairs; Milieudefensie/Friends of the Earth Netherlands; Stakeholder Democracy Network. Disclaimers ECCR has commissioned and published these case studies as a contribution to public understanding. The text has undergone a careful process of fact-checking and review to achieve accuracy and balance.......

Words: 40025 - Pages: 161

Shell

...Shell is a global group of energy and petrochemical companies, operating in more than 145 countries and employing nearly 120,000 people. Shell produces circa 3% of the world's oil and circa 3.5% of the world's gas. Most people know the company for its retail outlets and its oil and natural gas exploration and production activity. Other Shell activities include: * marketing, transporting and trading oil and gas * providing oil products for industrial uses, including fuel and lubricant for ships and aircraft * generating electricity, including wind power and producing solar panels * producing petrochemicals used for plastics, coatings and detergents * developing technology for hydrogen vehicles. Shell considers it a business priority to diversify its business portfolio to include more unconventional fuels in order to meet the worlds increasing demand for energy whilst minimising the impact on the environment. Hence the need for the development of 'future fuels'. At the present time, any company seeking merely to exploit resources for immediate gain and at the expense of the environment or customers' best long-term interests is likely to generate government scrutiny, public hostility, customer resistance and, possibly, prosecution. Like any well-run business, Shell takes a long term view of what constitutes 'best possible use' of the resources available to it. One key challenge facing Shell is how to use its profits and accumulated reserves to promote......

Words: 1468 - Pages: 6

Csr Shell

...Corporate Social Responsibility: Shell Introduction An Overview to Shell Shell is a global company dealing in energy and petrochemical products. The company has its operation spread in more than 80 countries and has employed around 90,000 employees. The organisation helps to satisfy the rising energy demand in socially, environmentally and responsible way. During last few years, corporate social responsibility has been gaining more and more prominence and Shell had been one of the first organisations to weave corporate social responsibility into the firm’s business Philosophy. The group undertook a number of projects which all aimed at the sustainable development of those regions where the company carried out its operational activities. Across the globe, the Shell foundation, which was founded with an initial endowment of USD 250 million from Shell, has been actively involved in a number of sustainable development projects. The group’s initiatives were well appraised by World Environment Council. Corporate Social Responsibility Modern business is oblige to satisfy demanding environmental, ethical, commercial, ethical and public standards as specified by the wider society (Crane et. al., 2007; Burchell, 2008). It is an appraised fact these days that economic value enhances through voluntary cooperation between the companies and its stakeholders (Schwartz, 2011; Bacher, 2007). In Nigeria Delta, Shell has been accused of poor stakeholder management......

Words: 2748 - Pages: 11

Shell

...seem like unethical, and Royal Dutch Shell Public Limited Company is one of the example. As being a large and profitable company, Shell has started a new Athabasca Oil Sand Project in Alberta. World’s scientific community together with independent non-profit organization believe that this project will make the environment pollution in Alberta being more serious and adversely impact the ecosystem. They are disappointed to the unethical decision of Shell. Therefore, based on this case, the purpose of this research is to discuss the ethics issue that Shell cause and the company performance under its Code of Conduct in this regard. Solutions will be given, including the cost and benefit for the different shareholders. 2. THE CASE 2.1 THE SITUATION AND KEY FACTS Alberta is a province of Canada which is the largest producer of crude oil, natural gas and other gas products. It is active in every area of the oil and gas industry, including exploration, production and refining. Athabasca oil sand is the world largest receptacle of crude bitumen which locates in north eastern of Alberta. This oil sand stores a high quantity of unconventional petroleum which consists of a mixture of bitumen, clay minerals, water together with sand. 2.2 THE KEYSTAKEHOLDERS AND THEIR INVOLVEMENT Stakeholders refer to a person, group, organization or system that can affect and be affected by company decision. Government is one of the key stakeholders for Shell. They are the system by which......

Words: 1558 - Pages: 7

Shell

...Mercier Corporate Report Shell Introduction The reason for this report is to determine rather the company I chose is a good investment for the business. The company I chose is Shell. Shell Refining Company is incorporated in Malaysia. Shell’s fiscal year is from January to December. The stock exchange is reported in financial reporting to review appropriateness of management’s selection of accounting principles. The ticker symbol is expressed as RDS.A. Shell Malaysia places importance in ensuring its cost competitiveness in the industry and to the world. Analysis Name of corporation is Shell Malaysia. The headquarters are located in Malaysia. Shell is a global group of energy and petrochemicals companies around 9000 employees in more than 80 countries and territories. Shell’s fiscal year ended December 31, 2012. The stock exchange associated with Shell is the main board of Bursa Malaysia Securities Berhad. Stock name is SHELL and its stock code is 4324. There was no symbol included in the annual report. The primary source of revenue is primarily millions of barrels sold with products. Shell sold 40 million barrels of products with a yield of 8 per cent. Shell had a 29 per cent increase in sales volume which resulted in a year-on-year revenue growth of 15 billion. 4,170 RM billion is the total assets that were reported in 2012 that Shell produced. Cash was reported as 74 RM million in 2012. In 2011, cash was reported as 114 RM million so last year Shell had......

Words: 963 - Pages: 4

Shell

...vast majority of vehicles and as the base of many industrial chemicals makes it one of the world's most important commodities. Access to it was a major factor in several military conflicts, including World War II and the Persian Gulf War. About 80% of the world's readily accessible reserves are located in the Middle East, with 62.5% coming from the Arab 5: Saudi Arabia (12.5%), UAE, Iraq, Qatar and Kuwait. The USA has less than 3% 1.3: Major players 6 The oil industry is often described as having an oligopolistic market structure that is, it is dominated by a small number of big major players, which include Exxon, Mobil, Chevron, BP, and Shell. A slump in oil prices in the late 1990’s resulted in heavy cut backs in staff and operating costs in 1998-99 and merges between BP and Amoco and Exxon and Mobil. 1.4: PEST ANALYSIS OF SHELL COMPANY PEST Analysis is a simple but important and widely-used tool that helps you understand the big picture of the Political, Economic, Socio-Cultural and Technological environment you are operating in. PEST is used by business leaders worldwide to build their vision of the future. OR PEST analysis is very important that an organization considers its environment before beginning the marketing process. In fact, environmental analysis should be continuous and feed all aspects of planning. The organization's marketing environment is made up from: 1. The internal environment e.g. staff (or internal customers), office technology, wages and......

Words: 10567 - Pages: 43

Shell

...ENERGY FOR A CHANGING WORLD Shell – an Introduction Darwin Silalahi Presiden Direktur Shell Indonesia Copyright of Shell International B.V. ABOUT SHELL Recognised for technical innovation and megaproject delivery Employs 90,000 people in more than 80 countries Committed to social and environmental sustainability Producing the equivalent of 2,300 barrels of oil every minute Partners in innovation with Ferrari F1 team Active in alternative energies such as biofuels and wind One of the world’s bestknown brands Selling transport fuel to some 10 million customers a day Copyright of Shell Supply & Distribution RESTRICTED July 2012 2 THE WORLD’S LARGEST CORPORATIONS BY REVENUE Rank 2011 revenues ($ million) 484,489 452,926 2011 profits ($ million) 30,918 41,060 15,699 25,700 9,453 16,317 5,678 26,895 12,436 Shell ExxonMobil Wal-Mart Stores 1 2 3 4 5 6 7 8 9 10 446,950 386,463 375,214 352,338 259,142 245,621 237,272 BP Sinopec Group China National Petroleum State Grid Chevron ConocoPhillips Toyota Motor Source: Fortune Global 500, 2012 Copyright of Shell Supply & Distribution 235,364 3,591 RESTRICTED July 2012 3 THE NEW ENERGY FUTURE BY 2050 Rising energy demand, supply pressure, climate change 9 billion people, 75% living in cities (2 billion more than today) 2 billion vehicles (1 billion at the moment) Many millions of people will rise out of energy poverty; with higher living......

Words: 570 - Pages: 3

Shell

...DEDICATION 4 ACKNOWLEDGEMENT 5 Synopsis of Development and Growth of Shell Pakistan 6 Shell Pakistan’s History 6 Vision 6 Values 6 Main objectives 6 Products and services 7 FINANCIAL ANALYSIS 8 Ratio Analysis 8 Short Term Debt Paying Ability 8 Profitability Ratios 15 Ratios for Investors 18 Long Term Debt Paying Ability 19 Overall Financial Performance 21 PESTEL ANALYSIS 22 Political Factors 22 Economic Factors 22 Social Factors 23 Technological Factors 23 Ecological Factors 23 Legal Factors 23 SWOT ANALYSIS 24 Strengths 24 Weaknesses 24 Opportunities 25 Threats 25 REFERENCES 26 Synopsis of Development and Growth of Shell Pakistan Shell Pakistan’s History The Shell brand name enjoys a 100-year history in the subcontinent region, dating back to 1899 when Asiatic Petroleum, the far eastern marketing arm of two companies: Shell Transport Company and Royal Dutch Petroleum Company began importing kerosene oil from Azerbaijan into the subcontinent. The documented history of Royal Dutch Shell plc in Indo_Pakistan subcontinent dates back to 1903 when partnership was struck between The Shell Transport & Trading Company and the Royal Dutch Petroleum Company to supply petroleum to Asia. In 1928, to enhance their distribution capabilities, the marketing interest of Royal Dutch Shell plc and the Burmah Oil Company Limited in India were merged and Burmah Shell Oil Storage & Distribution Company of India was born.......

Words: 4804 - Pages: 20

Shell and Csr

...stakeholder   attributes   and   class,   Freeman   &   Wicks’   (2007)   conceptualization   of   ‘managing   for   stakeholders’,   and   the   ‘stakeholder   engagement   standard’   provided   by   AccountAbility.   In   order   to   properly   assess   ‘how   Shell   engages   its   stakeholders’,   it   is   necessary   first   to   map   their   most   salient   stakeholders   (as   proposed   by   Mitchell   et.   al.),  and  then  to  assess  how  they  manage  this  engagement  to  create  mutual  benefits   (as   conceptualized   by   Freeman   &   Wicks)   before   comparing   it   to   AccountAbility’s   engagement  standards  to  see  if  anything  can  be  improved.   Shell   has,   in   fact,   outlined   in   detail   who   their   main   stakeholders   are,   and   to   whom   they   conceive   responsibility,   in   ‘The   Shell   General   Business   Principles’   (SGBP).   These   include   Shell’s   shareholders,   customers,   employees,   business   partners   and   society1  thus   following   Freeman   &   Wicks   (2007:   3).   According   to   the   AccountAbility  ......

Words: 2012 - Pages: 9

Shell

...1. Shell makes a close relationship with the Nigerian military regime during the early 1990s. The oil company requested an increase in security and provided monetary and logistical support to the Nigerian police. Shell frequently called upon the Nigerian police for “security operations” that often amounted to raids and terror campaigns against the Ogoni. In response to growing Ogoni opposition shell and the Nigerian government coordinated a public relations campaign to discredit the movement, falsely attributing airplane hijackings, kidnapping and other acts of violence to Ken Saro-Wiwa and MOSOP. Shell was involved in the development of the strategy that resulted in the unlawful execution of the Ogoni Nine. Shell told the Nigerian regime they needed to deal with Ken Saro-Wiwa and MOSOP. Shell monitored Ken Saro-Wiwa, and closely followed the tribunal and his detention. Prior to the trial, Shell Nigeria told its parent companies that Saro-Wiwa would be convicted and told witnesses that Saro- Wiwa was never going free. Shell held meetings with the Nigerian regime to discuss the tribunal, including with the military president Sani Abacha himself. Shell's lawyer attended the trial, which, in Nigeria, is a privilege afforded only to interested parties. Brian Anderson, the Managing Director of Shell’s Nigerian subsidiary, met with Owens Wiwa, Saro-Wiwa’s brother and offered to trade Saro-Wiwa’s freedom for an end to the protests against the company. At least two witnesses who......

Words: 610 - Pages: 3

Shell

...Social Sciences, Vol. 1, No. 5, pp 70-82, August 2012. URL: http://www.ejbss.com/recent.aspx ISSN: 2235 -767X IMPACT OF EMPLOYEES SAFETY CULTURE ON ORGANISATIONAL PERFORMANCE IN SHELL BONNY TERMINAL INTEGRATED PROJECT (BTIP) Dr. M.O. Agwu, MNIM, MNISP Department of Business Administration, Niger Delta University, Wilberforce Island, Bayelsa State ABSTRACT he paper focuses on the impact of employees’ safety culture on organizational performance (improved management/employees safety practices, enhanced productivity, increased profitability and reduced accident/ incident rate) in shell bonny terminal integrated project. It defines employees’ safety culture as a product of individual and group values, attitudes, perceptions, competencies, and patterns of behavior that determine the level of commitment, style and proficiency of an organization’s safety management system. It assumes that inculcation of employees’ safety culture on the workforce at the task level using behavior-based safety culture approach (enforcement and education) has an influence on employees’ safety performance as well as on company performance: enhancement of productivity, profitability and loss control through reduction of accident/incident rate. The paper posits that: if construction companies in Shell Bonny terminal integrated project (BTIP) inculcate safety culture in their workforce through changing employees’ attitude to safety, there will be an improvement in......

Words: 5343 - Pages: 22

Shell Intro

...Shell is an Anglo–Dutch multinational oil and gas company incorporated in the United Kingdom and headquartered in the Netherlands. Created by the merger of Royal Dutch Petroleum and UK-based Shell Transport & Trading in 1907. By 2011, they became the second largest company in relation to revenue, growth and profitability in the oil and gas sector (Bruijn et al, 2002). The company operates in all areas of oil and gas industry, these areas include exploration of oil and gas, supplies and distribution, marketing, production, refinery, petrochemical development and power generation (McIntosh, 2001). The company is also concerned about environmental conservation, and it has invested heavily on the production, and distribution of renewable energy (Carroll, 1999). It supports initiatives of developing and distribution bio-fuel energy, wind and solar power, and hydrogen energy. The oil boom of the early 1920s, particularly at Shell’s Signal Hill, California site, provided the company with an opportunity to penetrate the Los Angeles area with sales of Shell gasoline and petroleum products manufactured in its new refineries nearby. In 1922, Shell Company of California and Roxana Petroleum merged with Union Oil Company of Delaware to form a holding company called Shell Union Oil Corporation. Approximately 65 percent of the holding company’s shares was held by Royal Dutch/Shell Group. Upon developing the ability to synthesize 100-octane gasoline, Shell began supplying this fuel to the U...

Words: 907 - Pages: 4

Shell

...Holland’s biggest profitable organization Evaluative Report Preface In front of you lies an evaluation report about the biggest profitable Dutch company, Shell. Via this report we want to show you how Shell is performing at this moment and how they stay at the top of their segment. The reason for writing this report is to give an insight into what Shell does, we all know them from their gas stations but Shell does much more and tries to be innovative by looking for new and improved energy sources all around the world. Besides that we choose Shell because of its Dutch background and the fact that they are recognized all over the world. Briefly said, Shell is the biggest company in The Netherlands and via this report we´ll try to unfold how they manage to perform this well and what the secret is to their success. Bergen op Zoom, Noord – Brabant May 31st , 2011 Table of Contents 1. Introduction 1 2. General description of Shell 2 2.1 History of the organization 2 2.2 Products and Services 3 2.3 Operations 3 2.4 Financial Situation 4 2.5 Legal Aspects 4 2.6 Corporate Governance and Social Responsibility 5 2.6.1 Corporate Governance 5 2.6.2 Social Responsibility 5 3. Organization Environment 6 3.1 Relevant market 6 3.2 Supply chain 6 3.3 Shareholders 6 3.4 Relevant Macro Factors and Business Trends 7 3.5 Competition in Particular 7 4. Organization Goals and Strategies 9 4.1 Mission and Vision 9 4.1.1 Mission 9 4.1.2 Vision 9 4.2...

Words: 9120 - Pages: 37

FileZilla | Nouvelle génération | Mahou Sensou BD Sub Indo Batch Eps 1-12 Lengkap