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Posts under ‘Africa’

Shale Fracking is a ‘Ponzi Scheme’

“Shale Fracking is a “Ponzi Scheme” … “This Decade’s Version of the Dotcom Bubble” By John Donovan A regular contributor has very kindly drawn my attention to an article published by GlobalResearch under the headline: “Shale Fracking is a “Ponzi Scheme” … “This Decade’s Version of the Dotcom Bubble” In making the case to support […]

ROYAL DUTCH SHELL PLC NEWS FRIDAY 19 SEPT 2014

By John Donovan Shell’s Arctic Drilling Plans  fuelfix.com has published an article about Shell’s latest plans for exploratory oil drilling in the Chukchi Sea, north of Alaska. The detailed article contains links to a document Shell has filed with the U.S. Bureau of Ocean Energy Management, a related federal court document and an exploration plan.  A lawyer […]

Safe Sex and Corruption in Nigeria – OPL245

Vanguard cartoon from allAfrica.com article: “Nigeria: U.S. Report Shows Corruption, Rights Abuses” FROM A REGULAR CONTRIBUTOR  Safe Sex and Corruption in Nigeria – OPL245 In the Economist article from last year – Safe sex in Nigeria – the numbers simply do not add up. The explanation given is that “others” had benefited from the proceeds […]

Shell joins battle against Ebola in Nigeria

By John Donovan All credit to Shell for its donation of ambulances, trucks and medical supplies to the Lagos and Port Harcourt Ebola Centres, as reported by ThisDayLive. Extracts Shell’s Corporate Media Relations Manager, Mr. Precious Okolobo, said in a statement at the weekend that the company’s anti-Ebola support initiative started in August and was ongoing, […]

German Minister calls for boycott of Shell

“If you went to the Niger Delta and saw the standard of oil extraction, none of you would use the petrol stations of that oil firm,” he said. He said the company prioritized profit over concern for the environment. “That is unacceptable,” Müller added. By John Donovan Germany’s development minister Gerd Müller attacked the production […]

Royal Dutch Shell Implicated in Nigerian OPL245 Corruption Scandal

Can’t help wondering whether Malcolm Brinded will be “helping the police with their enquiries” regarding OPL245 as he was in charge of E&P at Shell at the time. Assuming that Shell/ENI lose the block, I presume there will be a $550 million hole in the Shell accounts to explain… By John Donovan Claudio Descalzi, the […]

Shell prepares pullout from Ogoniland

By John Donovan Ogoniland is back in the news again. According to Africa Energy Intelligence.com: “Shell is highly discreetly working to sell its licenses in the Ogoni region in Rivers state, the theatre of violent clashes between local inhabitants and Nigeria’s security forces in the early 1990s. Since that time the once-prolific area has ceased…” […]

This article is of great concern to Shell employees in Nigeria

Ebola situation in Port Harcourt, Nigeria: Issued by World Health Organization Situation assessment – 3 September 2014 The Commissioner of Health, Rivers State, Nigeria, has now reported 3 confirmed cases of Ebola virus disease in Port Harcourt, the country’s oil hub. Additional suspected cases are being investigated. Background on the Port Harcourt index case Ebola virus […]

Ebola in Nigeria: Royal Dutch Shell issues warning to employees

By John Donovan I received an email from a regular contributor at noon today advising that “Ebola has reached Port Harcourt now. No doubt you are aware Shell has ‘some’ operations there…” The contact also supplied a BBC News article: Ebola spreads to Nigeria oil hub Port Harcourt Before I had time to decide whether to […]

Royal Dutch Shell Retreat from Nigeria

The FT states: “Shell’s phlegmatic chief executive Ben van Beurden will need to hold his nose when he takes the money…” and in a related article, describes Shell’s actions as a “retreat from the Niger Delta” (triggered in part by militancy, violence and bunkering). By John Donovan The global firesale of Shell assets continues with […]

Robert Writt vs. Shell Oil Company – Update

The litigation relates to a corruption case in which Shell was ordered to pay $48 million (£29.4m) in civil and criminal fines after its contractor (Panalpina Inc.) bribed Nigerian customs officials. It appears Shell decided  to make Robert Writt the fall guy for Shell’s involvement in the massive corruption scheme (targeting officials of a host […]