Magazine article New Internationalist

Shell Shock: The Secrets and Spin of an Oil Giant

Magazine article New Internationalist

Shell Shock: The Secrets and Spin of an Oil Giant

Article excerpt

Shell Shock The Secrets and Spin of an Oil Giant by lan Cummins and John Beasant (Mainstream Publishing ISBN 184018941 X)

Shell Shock is a timely and valuable history of one of the three remaining oil giants. The authors start with the company's recent Enron-like crisis where bosses knowingly overstated reserves - and therefore the company value - for four years. Shell wanted to continue with this policy and provide the public with 'an external story line and investor relations script'. But this book lifts the lid on the story and many other episodes in the company's unprincipled history.

The first part covers Shell's early history which will be familiar to those who have read Anthony Sampson's The Seven Sisters. The second reveals the power battles and marriages of convenience between oil companies and national governments; Shell's aggressive marketing of persistent pesticides; its lobbying against the Kyoto Protocol; and its disgraceful record in Nigeria. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.