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December 17th, 2010:

Activists demand prosecution of Shell over Wikileaks revelations

Shell had gone beyond merely doing business in Nigeria but had “perfected its despicable act of corporate rule through which it has over the years evaded justice for all its atrocious activities against the environment and the Niger Delta People.”

By Ayo Okulaja

Environmental activists have urged the Nigerian government to begin criminal prosecution of executives of oil giant, Shell, for alleged treasonable activities committed by the corporation as revealed by an online whistleblower, WikiLeaks.

In the released cables of US diplomats in Nigeria, WikiLeaks revealed that Shell’s vice president Ann Pickard admitted to a former US envoy to Nigeria that its employees were seconded to all the relevant ministries and agencies of the Nigerian government and thanks to the infiltration, the company was able to keep a tab on all governmental policies and deliberations.

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Royal Dutch Shell Plc.com website under cyber attack

Apologies for this website being down earlier today. Our dedicated server was apparently under a denial-of-service high load attack by an unknown party. This information comes from our hosting company in Dallas. DoS attack generally involves organised efforts by a third party with malicious intent, to prevent an Internet site or service from functioning efficiently or at all, temporarily or indefinitely. Should this website disappear from the Internet as a result of legal or illegal action by a third party, please visit shellnews.net where we will post information. DoS attacks are unlawful. (some of this information is from a Wikipedia article)

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Oil Sands Have Limited Local Impact on Health, Ecology, RSC Says

By Eduard Gismatullin – Dec 16, 2010 11:37 AM GMT+0000

Canadian oil sand production has limited impact on the local environment and population, while the government needs to increase regulation of the industry to keep up with expansion, an academy of scientists said.

The Royal Society of Canada’s panel of experts couldn’t find “credible evidence” of increasing cancer rates in people living near the oil sands operations in northern Alberta, it said in a statement posted on its website. The industry doesn’t “threaten” the Athabasca River system and the impact on air quality is “minimal,” the RSC said.

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BP falls back on US lawsuit, but broker pitches possible Exxon bid

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Thursday 16 December 2010

BP shares have fallen back following news that the US government had issued a lawsuit relating to the Gulf of Mexico disaster, prompting talk of a fine of up to $20bn and total costs relating to the spillage of $40bn.

But American legal action could ultimately lead to an American takeover of the company, analysts suggested. BP shares climbed earlier this week on speculation of Middle Eastern stakebuilding or alternatively a bid from Royal Dutch Shell, but yesterday Exxon Mobil was put back into the frame as a possible predator. JP Morgan Cazenove said:

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Nigeria to drop Dick Cheney charges after plea bargain

Halliburton pays Nigerian regime a bribe/fine to stop bribery charges against Halliburton? (Comment by John Donovan)

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Halliburton agrees to pay $250m in fines in lieu of prosecution over alleged multimillion-dollar bribes

David Smith in Port Harcourt Wednesday 15 December 2010 19.42 GMT

Nigerian anti-corruption police said this month they planned to file charges against Dick Cheney. Photograph: Joshua Roberts/REUTERS

Nigeria‘s anti-corruption police have dropped charges against Dick Cheney, the former US vice-president, over a multi-million dollar bribery case after the energy firm Halliburton agreed to pay up to $250m (£161m) in fines.

The move followed the intervention of ex-president George Bush Sr and former secretary of state James Baker, according to Nigerian press reports.

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Shell: We’ll produce more gas than oil by 2012

Interview by Shelley DuBois December 15, 2010: 3:25 PM ET

FORTUNE — Slowly but surely, the energy landscape in America and around the globe is changing. Crude is still king, but oil and gas companies are increasingly folding in more and different assets.

Shell (RDSA), for example, has purchased and developed tons of natural gas assets, even though the commodity sells for cheap in the current market. To get some insight into Big Oil’s strategy for the future of energy, Fortune spoke with President of Shell Oil Company, Marvin Odum. Odum filled us in on the long-term natural gas outlook, drilling in the Gulf after BP (BP) muddied the industry’s reputation and why Shell feels like oil sands are cleaner than you think.

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