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Posts under ‘Africa’

Shell Sells Off More Assets In Nigeria

Due to the rise in incidents of oil theft in the Niger Delta Shell is looking to sell of its assets in the region Published: November 20, 2014 at 2:56 pm EST By: Micheal Kaufman Nigeria’s Niger Delta has been see a lot of oil spills over the last 30 years. According to statistics the […]

UK Court Lifts Secrecy Order On Corrupt Nigerian Oil Deal Law Suit

A High Court in the United Kingdom has lifted a secrecy order imposed on a 2013 legal challenge by The Corner House of a decision by the Crown Prosecution Service (CPS) not to freeze some $215million alleged proceeds of crime from a corrupt Nigerian oil deal. Shell and ENI have denied paying any money to […]

Oil price slump: fire sale of Shell assets gathers pace

*Royal Dutch Shell Plc has sold a $600 million stake in a Nigerian oil lease as part of its plan to sell off $15bn worth of assets around the world. The fire sale no doubt has added momentum in view of the collapse in the price of oil. Shell has already disposed of under-performing assets […]

Shell Lied to Dutch Court

“The walls are beginning to close in on Shell. The image that the company would like to present of itself, in the role of the victim instead of the perpetrator, is crumbling more and more,” The oil company Shell lied to a Dutch court about steps taken to minimize the risk of oil spills during […]

Royal Dutch Shell (RDS.A) Takes Responsibility For Nigeria Oil Spills

    Bidness Etc discusses how Amnesty International’s accusations helped the Nigerian community leverage its rights against the oil giant Published: November 17, 2014 at 8:08 am EST By: Micheal Kaufman Royal Dutch Shellplc (ADR) (NYSE:RDS.A) has accepted responsibility for the two oil spills in Bodo community in Nigeria that occurred in 2008, and has […]

Nigeria Oil Spill Scandal another devastating blow to Shell’s reputation

By John Donovan This selection from today’s headlines about Shell oil spills in Nigeria says it all about a company that has proved time and time again that it cannot be trusted. AMNESTY INTERNATIONAL: Court documents expose Shell’s false claims on Nigeria oil spills AllAfrica: Nigeria: Shell Lied About Amount, Impact of Bodo Oil Spills […]

Shell Defamation Suit

In 2007, the Department of Justice confronted Shell about its work in Nigeria, and at the time, investigators suspected that there may have been bribery of foreign officials that would allow Shell to get better access to various goods and services. From a JD Supra Press Release The Texas Supreme Court recently agreed to hear […]

Objection to Divestment of Shell Oil Blocks in Ogoniland

National Union of Ogoni Students’ USA 3747 W. 138TH Street, Crestwood Illinois 60445, Tel. 1-(888) 610-5590, email – [email protected] Press Release 10/25/2014 CAVERT EMPTOR: Divestment of Shell Oil Blocks: Oil Mining License 11 not for sale We, the Ogoni students in Diaspora under the National Union of Ogoni Students’ (NUOS INTL), USA on behalf of the […]

Shell Announces Gabon Deep-Water Gas Discovery

THE HAGUE, The Netherlands, October 22, 2014 /PRNewswire via COMTEX/ — THE HAGUE, The Netherlands, October 22, 2014 /PRNewswire  Shell today announced a frontier exploration discovery offshore Gabon, West Africa.  Leopard-1 is located around 145 kilometres off the Gabonese coast, west of Gamba. It was drilled in water 2,110 metres deep to a total vertical […]

More alleged fraud in Nigeria

The trial of Chidi Adabanya, a former employee of Shell Petroleum Development Company (SPDC), who, along with some officials of the Bayelsa State Government, allegedly obtained the sum of N1.9 billion from the oil company through a phony consultancy contract for development permit in the Gbanran- Ubie project, has resumed  before Justice Adeniyi Ademola of […]

Shell Sells More Nigerian Assets

By John Donovan According to a report published by The Wall Street Journal, Shell has signed agreements to sell off all of the Nigerian oil assets it put on sale in 2013. Shell has now made sale and purchase agreements for four Nigerian oil blocks.  FULL ARTICLE