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Posts under ‘Nigeria’

Shell Profits Plunge By 80% Amid Oil Slump

Shell is pressing ahead with a £36bn ($52bn) merger with exploration group BG. It has said 10,000 jobs will go across the two companies as a result. The deal has been approved by shareholders and will complete later this month. The industry has been hammered by the collapse in the world energy market which has […]

LIVELY POSTINGS ON SHELL BLOG 1 FEB 2016

“TEXVETTE” Looks like Marvin Odum was stripped of key responsibilities and placed in a lame Role. Ironically he will have to clean up the messes he left in Alaska and Unconventionals. A bit of Karma, but he should no longer be on the payroll after all his major mistakes. “OUTSIDER” The merger of Shell T&T and […]

9 Billion Barrels Of Crude At Risk In Massive Nigerian Oil Shakeup

…not only could Shell and Eni lose the block, but they could also face billions of dollars in fines for allegedly bribing corrupt public officials and private citizens. By Julianne Geiger: Jan. 29, 2016 Supermajors Royal Dutch Shell (RDS.A, RDS.B) and Italian Eni (NYSE:E) could be facing the loss of one of the biggest offshore […]

Nigerian President Steps Up Fight Against Shell/ENI Corruption

By Andrew Oota, Bayo Oladeji, Bode Gbadebo, By George Agba, By Jonathan Nda-Isaiah:— Jan 28, 2016  In his quest for more potent laws against money laundering and to rev up the fight against corruption, President Muhammadu Buhari yesterday presented two bills before the Senate for amendment. They are the Money Laundering Prevention and Prohibition Bill 2016 […]

9 Billion Barrels Of Crude At Risk In Massive Nigerian Oil Shakeup

9 Billion Barrels Of Crude At Risk In Massive Nigerian Oil Shakeup By Julianne Geiger: 27 January 2016  Supermajors Shell and Italian Eni could be facing the loss of one of the biggest offshore oil exploration blocks in Nigeria, putting an estimated 9 billion barrels of crude oil at risk. As the new Nigerian government launches […]

Shell Shareholders Approve Acquisition of BG Group

Shell Shareholders Approve Acquisition of BG Group By STANLEY REED: JAN. 27, 2016 LONDON — In one of the first major deals struck as oil prices plummeted, Royal Dutch Shell shareholders on Wednesday approved the acquisition of the BG Group, the Britain-based oil and gas producer, for about $50 billion. Analysts had expected major oil companies […]

Shell, Eni In Fresh Trouble As Nigeria Begins Moves To Withdraw OPL 245

The retrieval of the controversial oil bloc, estimated to contain about 9 billion barrels of crude, as well as placing heavy fines on the oil giants, is contained in a far-reaching recommendation by the office of the Director of Public Prosecution, DPP, Mohammed Diri. The recommendation was at the instance of the Attorney General of […]

Shell re-opens Nigeria’s Trans Niger Pipeline shut since Nov

Shell re-opens Nigeria’s Trans Niger Pipeline shut since Nov LONDON Jan 25 (Reuters) – Royal Dutch Shell said on Monday that is had re-opened a key oil pipeline in Nigeria that had been shut since late November. The Trans Niger Pipeline, or TNP, which carries Bonny Light crude oil to the export terminal had re-opened […]

Shell, Eni in fresh trouble as Nigeria begins moves to withdraw OPL 245 from Malabu, Dan Etete

By Idris Akinbajo and Joshua Olufemi: 25 JAN 2016 The Nigerian government is set to retrieve one of Africa’s richest oil blocs from oil giants, Shell and Eni, PREMIUM TIMES has learnt. Not only will the two oil giants lose OPL 245, should President Muhammadu Buhari approve the recommendations, they will also be fined billions of […]

Shell attacked for its part in ‘extraordinary’ £2.3bn Nigerian tax break

Mark Leftly: 20 JAN 2016 Royal Dutch Shell has come under fire for being part of a consortium that accepted an “extraordinary” $3.3bn (£2.3bn) tax break in Nigeria – twice the poverty-stricken country’s annual health budget.   In a new report ActionAid estimated the consortium, which also includes France’s Total and Italy’s Eni, received this benefit […]

Nigeria: Shell Spill Set Ablaze in Bayelsa Community

By Igoniko Oduma: 3 JANUARY 2016 Yenagoa — An oil spill site at Oruma/Yiba-Ama community, Ogbia Local Government Area, Bayelsa State, has been set ablaze by unknown persons. Sources said Shell abandoned the Ogbia segment of the spill incident without carrying out clean-up and remediation of the devastated Oruma/Yiba-Ama environment. The report of the Joint Investigation […]

Environmental group condemns Shell for poor response to oil spill incident at Adibawa Oil field

By NAN on January 2, 2016 An Environmental Rights group has condemned what it called the ‘slow response of Shell Petroleum Development Company (SPDC) to the oil spill incident of July 12,2015 at the Adibawa Oil field, operated by the company. Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) made the condemnation in its field […]

YOUR COMPANY IS EVIL

London Rising Tide protesters outside the Royal Courts of Justice to highlight Shell’s devastating pollution in Nigeria  To whom this may concern,  I am writing an e-mail to you to let you know how disgusting and disgraceful company is, I am referring to the oil spills in Nigeria where your carelessness has affected the lives of the local people […]

$1.1bn Malabu Scam: Leaked emails show Shell, Eni, Jonathan’s aides conspired to divert money to Etete

The director of Global Witness, Simon Taylor, said, “We now know beyond all possible doubt or denial that Shell and Eni knew exactly where their payment was going. Nicholas Ibekwe: Dec 19, 2015 Despite repeated denial by oil giants, Shell and Eni, that they did not know that the $1.1 billion they paid for OPL […]

Royal Dutch Shell braced for a flood of compensation claims

By ROB DAVIES FOR THE DAILY MAIL: 19 December 2015 Royal Dutch Shell is braced for a flood of compensation claims against its Nigerian business over oil spills, after a ruling that makes it more vulnerable to lawsuits. Judges in The Hague, Netherlands, ordered Shell to hand over documents that could shed light on the cause […]

Shell could face ‘tens of billions in damages’ over Nigeria spills

Court rules Royal Dutch Shell can be held liable for oil spills at its subsidiary in Nigeria By Reuters: 1:34PM GMT 18 Dec 2015 A Dutch appeals court has ruled that Royal Dutch Shell can be held liable for oil spills at its subsidiary in Nigeria, potentially opening the way for other compensation claims against the […]

Dutch court: Nigeria farmers can sue Shell in Netherlands

Dutch court: Nigeria farmers can sue Shell in Netherlands [JURIST] The Hague Court of Appeals [official website] ruled Friday that the Royal Dutch Shell [corporate website] can be sued in a Dutch court for their involvement in oil leaks in Nigeria. The ruling [text, in Dutch] stems from a suit brought by four Nigerian farmers […]

Shell contests Dutch ruling on Nigerian spills

By Daniel J. Graeber: Dec. 18, 2015 THE HAGUE, Netherlands, Dec. 18 (UPI) — Dutch supermajor Shell said it was disappointed that a national court in The Hague has assumed jurisdiction over claims tied to oil spills in Nigeria. Nigerian farmers said Royal Dutch Shell and the Shell Petroleum Development Company of Nigeria are liable […]

Dutch appeals court says Shell may be held liable for oil spills in Nigeria

Nigerian farmers affected by oil pollution get green light to pursue case against Anglo–Dutch multinational as judges order release of key documents Friends of the Earth activists hold a banner supporting civil action taken by Nigerian farmers whose livelihoods were affected by leaking pipelines in the oil-rich Niger delta. Photograph: Peter Dejong/AP Reuters: Friday 18 December 2015 […]

Shell’s Bay Day in the Dock

Ken Saro-Wiwa must be chuckling at this turn of events. In his last testament before his execution 20 years ago, Saro-Wiwa declared that Shell will one day be in the dock. Now, the presence of Shell in the dock is not only happening but will pick up speed. December 18, 2015 The decision of the […]

Shell to face Nigeria oil spill lawsuit

A Dutch judge has ruled that a court in the Netherlands should hear a case against Royal Dutch Shell brought by four Nigerian farmers. The farmers and fishermen want Shell to clean up oil spills in four villages in the Niger Delta and pay compensation. The latest ruling overturns a decision that was made two […]

Nigerian Farmers Cleared to Sue Shell in Dutch Court

  By MIKE CORDER, ASSOCIATED PRESS: THE HAGUE, Netherlands — Dec 18, 2015 Nigerian farmers will have the chance to sue oil multinational Shell in a Dutch court for pollution they blame on leaking pipelines, a Dutch appeals court ruled Friday. Activists said the ruling sets a landmark legal precedent that clears the way for Dutch-based […]

Dutch court says Royal Dutch Shell can be liable for Nigeria spills

By Thomas Escritt: FRIDAY, 18 DEC 2015 THE HAGUE (Reuters) – A Dutch appeals court ruled on Friday that Royal Dutch Shell can be held liable for oil spills at its subsidiary in Nigeria, potentially opening the way for other compensation claims against the multinational. Judges in The Hague ordered Shell to make available to […]

Dutch court to rule on landmark Nigerian case against Shell

FRIDAY 18 DECEMBER 2015 A Dutch appeals court is to rule Friday whether the country’s tribunals can hear a landmark case for damages brought by four Nigerians against oil giant Shell. The four farmers and fishermen, backed by the Dutch branch of environmental group Friends of the Earth, first filed the case in 2008 against […]

COURT REFUSES TO UNFREEZE FUNDS FROM “SMASH AND GRAB” RAID ON NIGERIAN OIL BLOCK

Prosecutors allege that “fronts for President Goodluck Jonathan of Nigeria” received US$523m in proceeds of “smash and grab” OPL 245 deal. Press release / 15 Dec 2015 Southwark Crown Court today rejected an attempt by a company owned by the former Nigerian oil minister Dan Etete to unfreeze US$85m in proceeds of the corrupt deal […]

Again, Shell Faces Dutch Court over Niger Delta Oil Damage

16 Dec 2015 Amnesty International has said Shell could be exposed to a raft of compensation claims and be forced to disclose previously withheld internal documents over its failure to stop and clean up decades of oil pollution in a test case before the Dutch Court of Appeal on Friday. According to a statement by […]

Shell faces Dutch court for Niger Delta oil damage

15 December 2015 The oil giant Shell could be exposed to a raft of compensation claims and be forced to disclose previously withheld internal documents over its failure to stop and clean up decades of oil pollution in a test case before the Dutch Court of Appeal on Friday. The case is the latest attempt […]

Despite Climate Concerns, OPEC Plans to Keep Pumping Oil While It Can

By STANLEY REED and SARA HAMDAN: A version of this article appears in print on December 5, 2015, on page B1 of the New York edition VIENNA — Even as United Nations climate-conference delegates met near Paris on Friday seeking ways to reduce the globe’s dependence on high-carbon fuels like oil, some of the world’s biggest […]

Ken Saro-Wiwa 20th Anniversary Commemoration

Afri organised a protest at Shell HQ in Dublin on Nov. 10th to mark the 20th anniversary of the execution of the Ogoni 9. The execution of Ken Saro Wiwa and his colleagues was carried out by the Nigerian military dictatorship with the collusion of Shell. Shell’s disregard for human rights and the environment continues […]

Shell Forced to Scale Back Ambitions

By James Stafford: Thu, 26 November 2015 As with most oil companies, 2015 has been a rough year for Royal Dutch Shell. The Anglo-Dutch company reported a third quarter loss of $6 billion, which included $7.9 billion in impairment charges. During its third quarter earnings call, Shell’s CEO Ben van Beurden summed up the company’s strategy, […]

Nigerian researcher key to landmark $83 million Shell oil spill settlement to speak at IUPUI

INDIANAPOLIS — In an out-of-court settlement reached earlier this year, Shell Petroleum Development Co. of Nigeria agreed to an $83.4 million (55 million pounds) compensation package for Bodo, a Nigerian farming and fishing community damaged by massive oil spills in 2008 and 2009. The Bodo case is the first major legal settlement where compensation has […]

Commemorating the 20th Anniversary of the Extra Judicial Death of Ken Saro-Wiwa & all the Ogoni 9

10 Nov 2015, Dublin Ireland Shell to Sea Activists and AFRI commemorated the 20th Anniversary of the deaths of Ken Saro-Wiwa and the Ogoni Nine outside “Corrib House:” Shell’s Irish Headquarters in Dublin. The activists carried crosses bearing the names of each of the men executed by the corrupt Nigerian Government on 10 November 1995. […]

Shell must pay full cost of Saro-Wiwa’s murder, polluting Ogoniland, activists demand

November 11, 2015: Ben Ezeamalu A coalition of civil societies have demanded that Shell be made to pay “the full cost” for the murder of the Ogoni playwright and activist, Ken Saro-Wiwa, and eight others and the pollution of Ogoniland. At a joint press conference in Port Harcourt, Tuesday, the Social Action, Ogoni Solidarity Forum, Movement […]

Ken Saro-Wiwa’s widow talks about execution 20 years on

By Yvonne Ndege | Al Jazeera  A memorial march is due to be held in Nigeria for a champion of the environment who confronted one of the world’s biggest oil companies – and was then hanged. It is the 20th anniversary of the execution of Ken Saro Wiwa, who campaigned against oil pollution in the […]

Nigerian Probes Uncover $12bn Oil Fraud

In 2012, the Senate investigated the contentious Malabu Oil Field transaction. The Upper House re-opened investigation into an allegation of $1.1 billion round-tripping involving the federal government and two international oil companies – Shell and Eni (Agip) – over the sale of a contentious OPL 245 oil block. BY EDEGBE ODEMWINGIE AND BODE GBADEBO: Nov 10, […]

Shell haunted by Ken Saro Wiwa legacy as Niger Delta communities demand justice

10 November 2015 Today marks the 20th anniversary of the execution of Ken Saro Wiwa and eight other Ogoni leaders, hanged by the Nigerian state after they spoke out against the government and campaigned against Shell’s operations in Nigeria’s Ogoniland. Their executions sparked a global outcry. It’s a fitting moment to take stock of the […]

Anger over enduring ‘environmental horror’ in oil-rich, polluted Niger delta

Activists in Port Harcourt, Nigeria protest to demand that Shell pay reparations and clean up its oil spills. © Amnesty International John Vidal read more

Protest threatened over memorial 20 years after Ken Saro-Wiwa execution

Twenty years after ‘judicial murder’, Nigeria’s Ogoni people highlight international storm over oil spillage pollution John Vidal: Saturday 7 November 2015 Leaders of Nigeria’s Ogoni people have threatened to disrupt the country’s oil industry if the government does not release a British artwork commemorating the 20th anniversary of the execution of the writer Ken Saro-Wiwa. […]

How a poor Nigerian town got Shell to pay for major oil spills

JESSE WINTER: November 6, 2015 For decades, poor residents of the oil-rich Niger Delta have fought the pollution of their lands with little success. Now, writes Jesse Winter, a town ravaged by oil spills has changed the game with a historic court victory against Shell. The Yamaha outboard coughs indignantly but refuses to catch. John Agava […]

Exposed: The fake recruitment boss who offered oil expert £10,000 a month job with Shell

4 NOV 2015 BY ANDREW PENMAN Fraudsters lure victims into paying upfront fees to cover supposed costs only to find out the employer has never heard of them One Mirror reader who has just been targeted is out-of-work oil industry logistics expert Alan Winks. It seemed that his years of experience in the North Sea […]

Niger Delta: Shell’s manifestly false claims about oil pollution exposed, again

3 November 2015, 00:08 UTC Claims by oil giant Shell that it has cleaned up heavily polluted areas of the Niger Delta are blatantly false, Amnesty International and the Centre for Environment, Human Rights and Development (CEHRD) said in a new report published today. Clean it up: Shell’s false claims about oil spills in the […]

Amnesty report accuses Shell of failing to clean up Niger delta oil spills

John Vidal: Tuesday 3 November 2015 00.01 GMT read more

Kola Aluko reveals why he paid rent for ex-minister’s mother

Alison-Madueke was detained in London on October 2, 2015, by the United Kingdom’s National Crime Agency (NCA) over allegations that she laundered billions of dollars from her country’s treasury. Nigerian oil tycoon, Kola Aluko has admitted paying rent for Mrs Beatrice Agama, the mother of former Petroleum Minister, Diezani Alison-Madueke. Alison-Madueke was detained in London […]

Fugitive Oil Tycoon Kola Aluko Admits Paying UK Rent For Alison-Madueke’s Mother

BY SAHARAREPORTERS, NEW YORK: NOV 01, 2015 Kola Aluko, a Nigerian oil magnate now wanted in the UK for money laundering, has admitted that he paid rent for a high-end apartment for the mother of a former minister of Petroleum Resources, Diezani Alison-Madueke. Mr. Aluko told the British Sunday Times newspaper that he was responsible for […]

Oil tycoon faces quiz over lost billions

Article involving Diezani Alison-Madueke, former executive director of Shell in Nigeria read more

New Report Blames Shell, Exposes Failure to Clean Niger-Delta Oil Spills

By Senator Iroegbu: 29 October 2015 The Amnesty International (AI) and the Centre for Environment, Human Rights and Development (CEHRD) will launch a new report exposing what it described as Shell’s blatantly false statements about its efforts to clean up oil spills in the Niger Delta next week. The Press Officer, AI Nigeria, Mr. Eulette […]

Oil Spill: Ilaje Coastal Communities Demand Compensation from Shell

22 October 2015 The Ilaje coastal communities in Ondo state have alleged that oil giant, Shell Petroleum Development Company (SPDC) allegedly excluded them from the ongoing discussions and compensation agreement it reached with the communities that were affected in the oil spill from the Bonga oil field in 2011. They have therefore appealed to President, […]

Nigeria President Escalates Campaign to Stem Corruption

In recent days, the campaign escalated with the arrest of two high-profile figures: Diezani Alison-Madueke, the former oil minister whose five-year tenure was marred by recurring accusations of widespread theft; and Olajide Omokore, the chairman of a Nigerian oil company. Both were held as part of inquiries into corruption and money laundering. By NORIMITSU ONISHI: OCT. […]

Is Cameron’s campaign against corrupt cash starting to bite?

The arrest of Nigeria’s glamorous former oil minister suggests it is, says Clementine Wallop 13 October 2015 Like many others, I was sceptical when in July, Prime Minister David Cameron said in a speech in Singapore he was planning to crack down on corrupt foreigners who own luxury properties in London and use the capital […]

Nigeria’s President Enlists the West to Help Recover Stolen Money

Benoît Faucon in London: Oct. 12, 2015  U.S., U.K. act quickly at behest of Muhammadu Buhari, who took office in May on a pledge to stamp out corruption; ex-oil minister detained in London London police this month briefly detained Nigeria’s former oil minister, Diezani Alison-Madueke.  Following a summer meeting in Washington between British and American investigators, […]

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