A very interesting view on Multinationals.
“Stop ‘bashen’ multinationals: Shell is paying tax as they should!”
(20-12-2019)
By Martijn van den Winkelhof – fiscalist, bedrijfskundige en publicist 30 december 2019, 17:30
Having worked for Shell, I’m proud to read an article like this. It also makes me question some people who are bashing. Based on what? Facts or feelings or a big misunderstanding….
Especially the conclusion that economies are depending on the Multinationals operating in their countries and paying tax, that more than 40% of worldwide R&D is sponsored by these Multinationals and allow for 40% of the jobs in the Netherlands, and creating about 80% of the trade in the Netherlands makes me wonder why some politicians dare to comment in such a negative way on these Multinationals. Multinationals are a true contributor to the welfare and wellbeing of the people of the Netherlands.
“Royal Dutch Shell plc changes its name to Shell plc | Shell Global”
(21-1-2022)
Shell announced the Board’s decision to change its name to Shell plc on December 20, 2021. This change has now taken effect.
Euronext Amsterdam, the London Stock Exchange and the New York Stock Exchange have been informed of this name change and it is anticipated that Euronext Amsterdam and the London Stock Exchange will reflect the change of name on Tuesday January 25, 2022, while the New York Stock Exchange will follow on Monday January 31, 2022.
“Shell to exit Russia after Ukraine invasion”
(1-3-2022)
https://www.reuters.com/business/energy/shell-exit-russia-operations-after-ukraine-invasion-2022-02-28/
Shell said in a statement it will quit the flagship Sakhalin 2 LNG plant in which it holds a 27.5% stake, and which is 50% owned and operated by Russian gas giant Gazprom .
Shell said the decision to exit Russian joint ventures will lead to impairments. Shell had around $3 billion in non-current assets in these ventures in Russia at the end of 2021, it said.
“We are shocked by the loss of life in Ukraine, which we deplore, resulting from a senseless act of military aggression which threatens European security,” Shell Chief Executive Ben van Beurden said in a statement.
Hacktivist group Anonymous is using six top techniques to ‘embarrass’ Russia
(28-7-2022)
Anonymous uses many strategies in its digital fight against Russia, the most effective being hacking into databases and leaking the information online, according to cybersecurity specialist Jeremiah Fowler. The size of the leaked data will take years to process. The hacks have also exposed Russia’s cybersecurity defenses to be far weaker than previously believed, say cybersecurity researchers.
Ongoing efforts by the underground hacktivists known as Anonymous are “embarrassing” Russia and its cybersecurity technology. That’s according to Jeremiah Fowler, co-founder of the cybersecurity company Security Discovery, who has been monitoring the hacker collective since it declared a “cyber war” on Russia for invading Ukraine. “Anonymous has made Russia’s governmental and civilian cyber defenses appear weak,” he told CNBC. “The group has demystified Russia’s cyber capabilities and successfully embarrassed Russian companies, government agencies, energy companies and others.”
BRUSSELS — Thousands of cyberattacks have inundated Europe’s energy grid since Russia’s invasion of Ukraine, and a top industry leader is calling for help as officials and researchers fret that not nearly enough is being done.
“The crooks are becoming better by the day, so we need to become better by the day,” Leonhard Birnbaum, the chief executive of E.ON, one of Europe’s largest utilities, said in an interview. “I’m worried now and I will be even more worried in the future.”
A recent report by Europe’s cybersecurity agency ENISA also showed the energy sector ranked below sectors like transport, health care, banking and the wider ICT sector in terms of what IT spending went into cybersecurity.