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Listen to wire-tapped call implicating Ben van Beurden in OPL 245 corruption cover-up

Listen and read proof in audio and transcript form of Shell CEO Ben van Beurden’s cover-up tactics in the OPL 245 Nigerian corruption scandal. Instruction given by him in the covertly recorded call to CFO Simon Henry was at odds with Shell’s claimed core business principles. Cover-up and obstruction, instead of transparency and integrity, says Shell critic John Donovan
royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell’s dubious tax arrangements

Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad

Shell avoids the dividend tax via a tax haven, which would have cost the Dutch treasury – and therefore the taxpayer – at least € 7 billion… The intervention of a ‘trust’ on channel island of Jersey seems to underline the dubious character of the ‘deal’.

Pressing Rutte to exchange dividend tax increases

Ulko Jonker • Economics & Politics

The coalition saw the storm on Saturday morning early. Shortly after Jesse Klaver of GroenLinks repeated his call for a parliamentary inquiry into the ‘cesspool’ around the dividend tax, the parliamentary questions of the financial spokespersons of VVD, CDA, D66 and ChristenUnie were already under State Secretary Menno Snel van Financiën.

Reason: the disclosure by Trouw that Shell avoids the dividend tax via a tax haven, which would have cost the Dutch treasury – and therefore the taxpayer – at least € 7 billion. They want to clarify this week about ‘the complete ruling policy on the dividend tax of the past 15 years’. How much were they, what was the nature, content and period of validity? And has all rulings checked whether they comply with the laws and regulations? read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell hits back at criticism of tax structure

Shell hits back at criticism of tax structure

Reports allege oil group’s plan has cost Dutch treasury as much as £6.1bn in lost income

Shell has hit back at criticism of a tax structure it set up as part of a relocation of its headquarters from London to The Hague following reports that it has cost the Dutch treasury as much as €7bn (£6.1bn) in lost income. Calls have been made for the European commission to investigate the oil group’s tax affairs after reports claimed that a multibillion-euro bill has been avoided through the use of an offshore trust in Jersey since 2005. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

DUTCH GOV’T UNDER FIRE OVER TAX DEAL WITH SHELL

By Janene Pieters on June 18, 2018 

The Tweede Kamer, the lower house of Dutch parliament, wants the government to explain a controversial deal that Shell made with the Dutch tax authorities in 2005. As a result of this deal, Shell’s British shareholders are exempt from dividend tax in the Netherlands, through which the Dutch treasury lost out on over 7 billion euros, newspaper Trouw reported on Saturday. The Kamer now wants to know whether this tax deal is allowed under Dutch law, and whether any politicians were involved in making it, according to newspaper AD. SP leader Lilian Marijnissen called it a “stinky” deal. GroenLinks wants a parliamentary inquiry into dividend tax. And the four coalition parties – VVD, CDA, D66 and ChristenUnie – jointly submitted questions to State Secretary Menno Snel of Finance. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell May Be Rediscovering Its Swagger in Texas Shale Oil Country

By Kelly Gilblom: 18 June 2018, 05:00 BST

Shale oil hasn’t always been Royal Dutch Shell Plc’s best friend, but they’re working on the relationship. Shell is said to have bid, with partner Blackstone Group LP, on a portfolio of U.S. shale assets BHP Billiton Ltd. wants to sell for about $10 billion. If it wins, the Anglo-Dutch oil major could exceed its goal of doubling its American onshore output, according to JPMorgan Chase & Co. That would boost the unit’s free cash flow — currently on track to grow by $2 billion by 2025 — and turn around a shale portfolio that is currently “mid-lower ranked,” analysts from the bank including Christyan Malek said in a report. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Dutch ecologist party asks for investigation of Shell dividend tax payment

Dutch ecologist party asks for investigation of Shell dividend tax payment

Sat 16 June 2018

The Dutch ecologist party, Groen Links, has asked parliament this Saturday to appoint a commission to investigate payment of taxes on dividends by multinational oil company Shell. According to newspaper Trouw, company has since 2005 avoiding this rate “with permission of Dutch Treasury, through Jersey, island of channel of La Mancha [a dependence British Crown]”. During those years, “Shell has distributed among its shareholders about 45 billion euros, of which 7 billion should have been entered in coffers of state.” Shell claims that it has not violated tax rules. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Italy’s top court rejects appeal to stymie Shell, Eni corruption trial

REUTERS STAFF: JUNE 13, 2018 / 4:03 PM

ROME (Reuters) – Italy’s Supreme Court threw out an appeal from Shell and four former Shell managers to stymie a corruption trial that has also involved Eni’s chief executive, legal sources said on Wednesday.

The long-running graft case on alleged corruption in Nigeria, revolves around the 2011 purchase by Eni and Shell of Nigeria’s OPL-245 offshore oilfield for about $1.3 billion. The trial began last month, with the next hearing set for June 20. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Italy’s top court tosses appeal in Shell, Eni corruption trial

|By: , SA News Editor

Italy’s Supreme Court rejects an appeal from Royal Dutch Shell (RDS.A, RDS.B) and four former Shell managers to reverse a trial on alleged corruption in Nigeria, which also has implicated Eni (NYSE:E) CEO Claudio Descalzi.

The appeal hoped to reverse the trial to the preliminary hearing stage due to what it said were procedural errors, but the court ruled that the appeal was inadmissible.

Nine current and former company executives or contractors, including Descalzi, are accused by Italian prosecutors of paying bribes to secure the license to explore Nigeria’s OPL-245 offshore oilfield, which holds ~9B barrels of oil but has never entered production. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Academic Report reveals true extent of pollution in Niger Delta following Shell oil spills

Academic Report reveals true extent of pollution in Niger Delta following Shell oil spills

The lawyer representing over 30,000 Nigerians following two devastating oil spills in the Niger Delta has expressed his grave concern following the publication of an academic paper which found that the environmental damage around the site of the two spills has worsened significantly after delays to clean up the region.

The Bodo community was devastated by two large oil spills in October and December 2008 from Shell’s pipelines in the Niger Delta which caused the largest destruction of mangrove habitat in the history of oil spills. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Malabu OPL 245 Scandal: How Etete bought luxury Dubai properties with funds

 and 

A leak of private property data in Dubai has shed new light on how the proceeds of a notorious $1.3 billion oil deal involving Shell may have been spent on luxury villas in the secretive Arab Emirate.

PREMIUM TIMES’ UK partner, Finance Uncovered, has discovered the name of former Nigerian oil minister Daniel Etete among thousands of property and residency records compiled by assorted real estate professionals in Dubai. The leak was obtained by the U.S. non-profit C4ADS, passed to the Organized Crime and Corruption Reporting Project and seen by Finance Uncovered.

Mr Etete was the suspected mastermind behind a 2011 deal known as OPL245 that is alleged to be one of the most corrupt in the history of the oil industry. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Groningen Earthquakes: Dilemma heaped upon dilemma

Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele DagbladRoyal Dutch Shell and ExxonMobil each own a 50% share in NAM, the company responsible for the earthquake blighted Groningen Gas Field and consequential potential bill for untold billions in damages to effected residences.

“The minister cannot sign a deal with Shell and Exxon, which involves billions of euros…

Shell and Exxon lack trump card in negotiations with Wiebes

BY BERT VAN DIJK AND GIJS DEN BRINKER

Negotiations between Minister Eric Wiebes of Economic Affairs & Climate and oil companies Shell and ExxonMobil about gas extraction in Groningen are almost complete. Within two weeks, the minister will present a coalition agreement on the billions issue. Which cards are on the table?

1. Security of supply

Minister Wiebes announced at the end of March that he wants to bring gas production in Groningen to zero as quickly as possible. That would mean that the gas extraction by those lower volumes would soon no longer be profitable for Shell and ExxonMobil. Even though there is hardly any money to be gained from gas extraction, several sources report the FD. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

OPL 245: Shell, ENI and Nigerian Ongoing Corruption?

The general thrust seems to be that a current OPL 245 contract tender has been rigged for corrupt purposes benefitting Shell, ENI and certain Nigerian parties. Shell has past expertise in such matters

By John Donovan

More information has arrived as a follow up to the information we published recently in the article “More OPL 245 corruption, continues into 2018?

OPL 245 is the notorious Nigerian oil deal involving the fraudster Dan Etete and more recently, his equally charming nephew, Ken Etete.

From what I know thus far, the leaked documents I am receiving now on an almost daily basis are authentic and were not previously known to OPL 245 investigators. I now have multiple insider anonymous contributors whose identity is known only to me. Frankly, I don’t know what it all means, but the information is apparently valuable to OPL 245 investigators who are trying to unravel what is going on. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

More OPL 245 corruption, continues into 2018?

By John Donovan

A high level insider source is alleging current major corruption in the continuing OPL 245 Zabazaba Shell/Eni JV project.

The source has supplied documents/emails from 2014 to 2018 containing references to  various parties, including Shell and Eni, relating to OPL 245. Links to the relevant leaked information/evidence are published below. 

It may assist investigators from anti-corruption organisations (such as Global Witness and Finance Uncovered) more familiar with the overall situation, who are trying to put all of the pieces together in a web of continuing financial machination and complexity.  read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Sinister side of Shell

Bilderberg 2018: new tech helps oil the wheels of the global elite

This year’s Bilderberg conference has begun in Turin…

Royal Dutch Shell is represented in Turin by its chief executive, Ben van Beurden…

The veins of Bilderberg run with oil, and its beating heart is the Dutch royal family and its oil interests. The founding president of the group was Prince Bernhard, the grandfather of the current king…

FULL ARTICLE

Why the mysterious Bilderberg meetings have spawned countless conspiracy theories about a global elite secretly controlling the world read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

NAM Earthquakes: Anger of Groningen Population with Minister Eric Wiebes

Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele DagbladRoyal Dutch Shell and ExxonMobil each own a 50% share in NAM, the company responsible for the earthquake blighted Groningen Gas Field and consequential potential bill for untold billions in damages to effected residences.

The Minister wants, as he explained once more, to avoid the risk of unnecessary housing being demolished by the reduction of gas production. By carefully examining the new situation first, it must be prevented that ‘an entire province is unnecessarily demolished…’

Minister Wiebes wants to make up again with the Groningers

Louis Hoeks • Economics & Politics

There were no apologies, but on Thursday Thursday Eric Wiebes was expressly looking for an understanding of the House of Representatives and the Groningers, many of whom occupied the public gallery. Originally, the debate was about the historic cabinet decision to close the Groningen gas tap in 2030.

Instead of praise for the March decision, the high-spirited quarrel in which the Minister of Economic Affairs and Climate had ended last week dominated. Not only the Groningen population is angry, but also a large number of regional administrators, such as former PvdA politician Hans Alders who stepped up as National Coordinator Groningen last week. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

The World’s Largest Oil & Gas Companies 2018: Royal Dutch Shell Surpasses Exxon As Top Dog

Royal Dutch Shell took the top spot among oil and gas companies on the Forbes Global 2000’s list of the biggest and most powerful public companies, surpassing last year’s leader Exxon Mobil Corp. The Anglo-Dutch oil and gas giant ranked 11th among all companies on the list, up from 20th the previous year, mostly because of higher sales due to lofty commodity prices. Irving, Texas-based Exxon came in at 13th, the same as last year. The Forbes Global 2000 is determined by a composite score of equally weighted measures of revenue, profits, assets and market value. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Royal Dutch Shell vs Peter Robinson

Posting by Bill Campbell, retired Shell HSE Group Auditor, on the article “Shell are in trouble. Deep trouble”  

RDS vs. Peter Robinson Esq as trouble looms

At the time I found it inexplicable that Shell launched it’s vitriolic attack against its ex employee and obedient servant Peter Robinson. With only weeks to go before the Trial in Italy WHY on earth would Shell undermine its own case at the upcoming trial by suggesting that Robinson was other than an upstanding member of society?

Well, it now appears kinda obvious, Mr Robinson it seems had gone outside the tent and has started urinating in, assisting the prosecution perhaps, if so deep trouble clearly looms. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan
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