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Stock impact report

Over $40 million of fuel stolen from Shell refinery, Singapore court docs show [Reuters]

Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) (RDS.B) 
US:NYSE Investor Relations: shell.com/investors.html
Company Research Source: Reuters
Over $40 million of fuel stolen from Shell refinery, Singapore court docs show | Reuters 3 Min Read SINGAPORE, May 22 (Reuters) - Singapore authorities have levied new charges against a group of fuel thieves operating at Royal Dutch Shell’s oil refinery in the city-state, raising the value of the stolen fuel to over $40 million from around $10 million in earlier charges, according to court documents reviewed by Reuters on Tuesday. Five former employees of Shell’s Singapore subsidiary received 51 additional charges in court on Friday for suspected theft at the Pulau Bukom refinery, Shell’s biggest, to bring the total allegations against them to 63 each, the documents showed. The charges relate to incidents involving a total of 66,141 metric tonnes of gasoil valued at around $32.1 million between late April 2017 through to early January this year. An additional three former Shell employees received eight additional charges for incidents involving 16,394 metric tonnes of gasoil valued at Show less Read more
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