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Posts under ‘Africa’

Why Shell Announced Force Majeure On Nigerian Bonny Crude Export

By: MICHEAL KAUFMAN: Aug 28, 2015 On Thursday, August 27, Royal Dutch Shell plc’s (ADR) (NYSE:RDS.A) Nigerian unit closed down its two crude pipeline and declared “force majeure” on export of Bonny Light crude, as reported by Reuters. The Hague-based company closed the Trans Niger Pipeline at Oloma because of a leakage in the pipeline. The […]

Shell denies greasing ANC palms

By Tony Carnie: 20 August 2015 Durban – Oil giant Shell has denied suggestions that it exercises “improper influence” over government officials or makes financial payments to the ANC to pave the way for shale gas fracking. The company’s local subsidiary, Shell South Africa, was responding on Wednesday to fears raised by local anti-fracking groups […]

New head of Nigeria’s state oil company sacks top management

By Julia Payne Aug 5 (Reuters) – The new head of Nigeria’s state oil firm dismissed senior managers after a government directive, the company said on Wednesday, barely a day after President Muhammadu Buhari appointed him as managing director. “All of the executive directors were let go … Buhari wanted a clean slate,” one of […]

Nigerian government finally sets up fund to clean up Ogoniland oil spills

John Vidal: Friday 7 August 2015  The long-delayed $1bn clean-up of heavily oil-contaminated Ogoniland in the Niger delta has moved closer with Nigerian president Muhammadu Buhari setting up a restoration fund four years after a damning UN report advised the government and oil industry to act urgently. But a spokesman for Shell, which discovered oil in […]

Shell Begins The Recovery Of Spilled Crude At Adibawa Oil Fields

BY SAHARA REPORTERS, NEW YORK: AUG 06, 2015 After weeks of prolonged rift with host communities and the resulting degradation of the environment, the Shell Petroleum Development Company of Nigeria (SPDC) has commenced the recovery of spilled crude from its Adibawa oil fields. Mr. Sunny Jacob Ubele, the traditional ruler of Edagberi community, said on Thursday […]

Shell given OK to take 21 days to cap a deep well oil blowout off N.S. coast

By Zachary Markan, CBC News Posted: Aug 05, 2015 Federal Environment Minister Leona Aglukkaq has signed off on Shell Canada’s plan for dealing with a potential deep-well blowout on the Shelburne Basin. Under its Well Containment Plan, Shell says it can have a primary capping stack in place within 12 to 21 days after a blowout. […]

Bayelsa community accuses Shell of abandoning oil spill

19 July 2015 The residents of Oruma–Yibama, Ogbia Local Government Area, Bayelsa, have alleged that Shell Petroleum Development Company (SPDC) is yet to clean up an oil spill that occurred in the area on June 2. The Chairman of Oruma-Yibama Community Development Committee, Eliot Igbigikeme, stated this in an interview with the News Agency of […]

ExxonMobil Indonesian Villagers Human Rights Abuse Case to Proceed in Federal Court

ExxonMobil Indonesian Villagers Human Rights Abuse Case to Proceed in Federal Court In the interim, in 2010, the Supreme Court restricted the types of claims that could be heard under the Alien Tort Statute in Kiobel v. Royal Dutch Petroleum, a case involving allegations of human rights abuses by Royal Dutch Shell in Nigeria. WASHINGTON, […]

Shell Kicks off Grassroots Campaign against Crude Oil Theft in Ogoniland

6 July 2015 The Shell Petroleum Development Company of Nigeria Limited (SPDC) has kicked off the second phase of its grassroots campaign against crude oil theft and illegal oil refining activities in Ogoni land, Rivers State. The first phase of the campaign in 2014 reached over 7,000 community people from Eleme, Gokana, Khana, and Tai […]

EFCC quizzes former minister, Etete, over alleged oil deal

EFCC quizzes former minister, Etete, over OPL 245 oil deal By Abosede Musari, Abuja on June 29, 2015 FORMER Minister of Petroleum, Dan Etete, was yesterday quizzed by the Economic and Financial Crimes Commission (EFCC) in continuation of an investigation that had been stalled for several years. A source told The Guardian that the former […]

Shell’s Secret Sale of Oil, Gas Reserves In Bayelsa State, Nigeria

Shell’s Secret Sale of Oil, Gas Reserves In Bayelsa State, Nigeria “We just woke up one morning and started reading in the newspapers and the electronic media that our oil fields have been sold by Shell Petroleum Development Company Limited (SPDC) and acquired by an unknown company – Aiteo Eastern Exploration and production company limited…” […]

Ijaw Communities Head to S’Court Over $1.5 bn Oil Spillage Suit

14 June 2015 Leaders of an Ijaw communities in Bayelsa state have headed to the Supreme Court over the $1.5b oil spillage and environmental degradation suit against Shell Petroleum Development of Nigeria, which was struck out by the Federal Appeal Court in Port Harcourt, Rivers State. The leader of the Ijaw group, Mr. Pere Ajuwa,  […]

Nigerian auditors find NNPC failed to remit $11.6 bil in LNG export revenue

Nigerian auditors find NNPC failed to remit $11.6 bil in LNG export revenue NNPC holds 49% equity in NLNG on behalf of the Nigerian government, with partners Shell (25.6%), Total (15%) and ENI (10.4%.) 11 June 2015 State-owned Nigerian National Petroleum Corporation has not remitted $11.6 billion in dividends and loan and interest repayments earned […]

Oil Spillage: Nigerian High Court Orders Shell to Pay N30m

6 June 2015 Oil Spillage: S-Court Orders Shell to Pay N30m to Four Communities The Supreme Court, yesterday, ordered Shell Petroleum Development Company of Nigeria Limited to pay the sum of N30,288,681 to four communities in Delta State. The apex court found the company culpable for the oil spillage that adversely affected the communities about […]

Article about Corruption including Investigation into ENI Corruption in Nigeria

Centre for Public Integrity: 11 MAY 2015 EXTRACT FROM: Fighting Corruption in Mozambique’s Extractive Sector – Can Foreign Laws Work Where Mozambique’s Laws Fail? SECTION: Investigation into ENI Corruption in Nigeria The CEO of the Italian oil company ENI and one of his top lieutenants are currently under investigation for international bribery over the company’s acquisition […]

Fuel crisis worsens Nigeria’s power problems

WE UNDERSTAND FROM INSIDER SOURCES THAT THE INTERNAL NIGERIAN FUEL CRISIS DESCRIBED IN THIS PUNCH ARTICLE IS SEVERELY AFFECTING SHELL OPERATIONS, WITH POWER CUTS AND A LACK OF FUEL FOR VEHICLES.   MAY 25, 2015 : AKINPELU DADA, STANLEY OPARA, FEMI ASU AND GODWIN ISENYO  The current nationwide scarcity of refined petroleum products has reached […]

Sultan of Oman Spying On Shell Oil Oman

20 May 2015 at 11:42, Alastair Sloan Spy-tech firms Gamma and Trovicor target Shell Oil in Oman Extracts The Sultan of Oman’s intelligence services are spying on the local operations of British oil company Shell with the aid of controversial European tech companies, the Register has learned. Documents seen by el Reg reveal that the […]

Shell to Add Firepower to BG Assets in East Africa LNG Race

Article by Paul Burkhardt published 12 May 2015 by Bloomberg.com Royal Dutch Shell Plc’s $70 billion takeover of BG Group Plc will put Europe’s largest energy company in the middle of East Africa’s race to export natural gas and is set to boost the chances of Tanzania becoming a major supplier. The acquisition would include stakes in […]

Shell agrees to start cleaning polluted area

Under a compensation deal hammered out in London in January, Shell’s Nigerian arm agreed to pay $55m to people in Bodo following a three-year legal battle over the 2008 spills that devastated their environment. 3 May 2015 Lagos – Shell has agreed with Nigerian fishing community of Bodo in the Niger Delta to start the […]

Nigeria: Shell Rules Out Divestment in Nigeria, Others This Year

Article by Daniel Adugbo published 1 May 2015 by AllAfrica.com Shell Rules Out Divestment in Nigeria, Others This Year Royal Dutch Shell said yesterday it had reduced its expected 2015 capital expenditure (capex) to $33 billion from $35 billion as the company continues to adjust its business to the lower oil-price. Releasing its first-quarter results […]

Can Shell Afford To Drill In The Arctic?

By Charles Kennedy: Wed, 29 April 2015 How can Shell possibly finance the purchase of BG? Royal Dutch Shell is set to report its first quarter earnings, and by all accounts, it will be a doozy. Analysts predict a 60 percent decline in earnings from a year earlier, including a massive 7 percent fall in production. […]

Oil Prices Decline Forces Royal Dutch Shell And Total To Postpone West Africa Offshore Projects

Bidness Etc looks at Royal Dutch Shell and Total SA’s West Africa projects and why the projects are facing delays By: MICHEAL KAUFMAN: Apr 28, 2015 The decline in global oil prices has led to a downturn in the energy industry, with oil companies being forced to take drastic steps to address the situation. One of […]

Royal Dutch Shell Arctic Assessment Understated, Say Environmental Groups

Royal Dutch Shell Arctic Assessment Understated, Say Environmental Groups Bidness Etc discusses why environmental groups want Shell to reassess the risks for drilling in the Arctic, and that the previous report undermined the drilling risks involved By: MICHEAL KAUFMAN: Apr 28, 2015 Major oil companies to safeguard themselves from the lower crude oil prices are cutting […]

SHELL TO ACQUIRE BG: IMPLICATIONS FOR THE NORTH SEA

14 April 2015 Shell announced an offer of a £47bn ($70bn) acquisition of BG in the second biggest oil and gas deal on record after Exxon and Mobil’s £51bn ($75.3bn) merger in 1998.  Shell and BG expect to make annual savings of £1.7bn ($2.5bn) and the combined company is estimated to be worth £180bn ($266bn). […]

Nigeria: Govt Receives $48 billion From Shell in Four Years

Nigeria: Govt Receives N9.6 Trillion From Shell in Four Years By Roseline Okere: 14 April 2015 The Shell Petroleum Development Company of Nigeria Limited (SPDC) paid $48 billion (N9.6 trillion) revenues to the Nigerian government from 2010 to 2014. Also, the company paid $3 billion (N600 billion) share of royalties and taxes to the Nigerian […]

Corporate espionage: Shell Cloak and Dagger activities

By John Donovan Corporate espionage: Shell Cloak and Dagger activities spanning more than two decades – much of it directed against me  SHELL ALSO Infiltrated spies into the Nigerian government  Was responsible for covert operations against Greenpeace and other perceived enemies, using a serving secret service agent freelancing for a private spy firm closely connected […]

Nigeria: President-Elect pledges to fight the evil of corruption

President-elect Muhammadu Buhari, a former military leader, vowed to fight the scourges of corruption and Boko Haram militants. Sunday Alamba/Associated Press From an article Adam Nossiter published 1 April 2015 by The New York Times under the headline: Nigerian President-Elect Muhammadu Buhari Sets Out His Agenda Extracts KANO, Nigeria — Nigeria’s president-elect, Muhammadu Buhari, did […]

Goodluck Jonathan and the missing $20bn

ARTICLE BY TIM COCKS AND JOE BROCK PUBLISHED 1 April 2015 BY THE RAND DAILY MAIL OF SOUTH AFRICA Between $10.8-billion and $20-billion of oil revenue was unaccounted for over a period of 19 months “Sanusi’s concerns around the first of these mechanisms centre on the 2011 sale by Royal Dutch Shell of its interests […]

Shell takes further steps away from Nigeria

Article by Daniel J. Graeber published 26 March 2015 by UPI Shell takes further steps away from Nigeria ABUJA, Nigeria, March 26 (UPI) — The Nigerian subsidiary of Royal Dutch Shell said it made further progress in its divestment strategy by selling Niger Delta assets from $1.7 billion. Shell Petroleum Development Co. of Nigeria said […]

Nigeria: Shell completes $1.7 billion sale of Nigerian assets to Aiteo

Shell completes $1.7 billion sale of Nigerian assets to Aiteo ABUJA (Reuters) – Oil major Shell said on Wendesday it completed the sale of its 30 percent stake in the Nigerian oil block 29 and the Nembe Creek trunk line to Aiteo Eastern Exploration and Production Co for $1.7 billion. Total and Eni’s Nigerian arms […]

Nigeria: Oil Spill – Era/FoEN Accuses Shell of Denying Communities JIV Reports

“THE NIGER DELTA, Nigeria—Oil is so cheap these days that for people around here, it isn’t even worth stealing anymore.” An article by Igoniko Oduma published 24 March 2015 by AllAfrica.com/Daily Independent (Lagos): Nigeria: Oil Spill – Era/FoEN Accuses Shell of Denying Communities JIV Reports Yenagoa — The Environmental Rights Action/Friends of the Earth (ERA/FoEN) […]

Shell Gives Conditions for More Investments in Nigeria

An article by Ejiofor Alike published 24 March 2015 by ThisDayLive.com Shell Gives Conditions for More Investments in Nigeria Shell Petroleum Development Company (SPDC) has given conditions for it to invest in Nigeria, saying that though it has divested assets, it is also ready to invest more than it has divested if the operating environment […]

Joint Investigation Visit Reports Indict Shell On Oil Spills In Bayelsa

From an article by Fyneface Aaron published 23 March 2015 by The Tide Joint Investigation Visit Reports Indict Shell On Oil Spills In Bayelsa, Nigeria (JIV) report on Seibou and several other oil wells that are spilling its contents into the environments in Bayelsa State operated by Shell Development Company has been attributed to equipment […]

A sad situation in Rhodesia 50 yrs ago: Even worse now. 

Robert Mugabe was a “key player” campaigning against the white settler regime in Rhodesia nearly 50 years ago, and remains the key player today, but considerably richer.  Some of this information, including the anti-Apartheid poster, comes from “A History of Royal Dutch Shell Volume 3. 

Shell and Eni Struggle To Control Oil Spills In Nigeria

By: MICHEAL KAUFMAN Published: Mar 20, 2015 at 9:35 am EST As reported by Bloomberg, Amnesty International has indicated that Royal Dutch Shell plc (ADR) (NYSE:RDS.A) and Eni SpA (ADR) (NYSE:E) are finding it difficult to control the oil spills in Nigeria. Amnesty International asserted that both companies have been involved in over 550 oil […]

SPDC Completes Sale of Oil Mining Lease 18 in Nigeria

Cautionary note: Shell has a track record in Nigeria of repeated oil spills; toxic gas flaring without end; arming police thugs; hiring militant gang leaders; hanging Nigerian campaigners while in bed with one particularly despotic regime; paying bribes to corrupt Nigerian government ministers and infiltrating spies into the Nigerian government. THE HAGUE, The Netherlands, March 20, 2015 /PRNewswire/ — The Shell Petroleum Development […]

Africa: Statoil’s Historic Disclosures Blow Holes in Exxon and Shell’s Campaign for Secrecy

Statoil’s disclosures deal a major blow to efforts by a small number of backward looking oil firms, including ExxonMobil, Royal Dutch Shell and BP, to weaken the U.S. transparency rule. Unless transparency rules include these elements, they will give companies a licence to continue making corrupt payments. Extracts from a Press Release by Global Witness published […]

Shell, Eni Making No Progress on Nigeria Oil Spills: Amnesty

(Bloomberg) — Royal Dutch Shell Plc is making no progress curbing oil spills in Nigeria and Eni SpA’s operations in the West African country are out of control, according to Amnesty International. The two companies reported more than 550 spills in the southern oil-rich Niger River delta last year, compared with an average of 10 […]

Shell to divest from three more oil blocks in Nigeria

By Roseline Okere on March 18, 2015 Royal Dutch Shell Plc has signed agreements for the divestment of Shell Petroleum Development Company of Nigeria (SPDC) interests in three more onshore Oil Mining Leases (OMLs), which completion is subject to the consent of the Federal Government of Nigeria. Besides, the company has concluded plans to stake […]

NIGERIA: Oil Spill From Shell’s Seibou Well In Bayelsa Traced To Equipment Failure

The oil spills from Seibou oil well operated by Shell Petroleum Development Company (SPDC) in Bayelsa State has been traced to a ruptured and dilapidated pipeline. A joint investigation visit (JIV) report on the incident obtained by SaharaReporters estimated that some 549 barrels of SPDC’s crude was discharged into Ogboinbiri River in Southern Ijaw local […]