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Posts under ‘Nigeria’

Shell, Eni and Nigerian Corruption

Malabu Oil Deal: prosecutors say that a senior official of Shell had a face-to-face meeting with Etete over expensive “lunch and lots of iced champagne”: Italian prosecutors said some of the $533 million slush money was used to buy private jets… By John Donovan The litigation involving former Nigerian oil minister, Dan Etete, who has […]

Eni payments ‘used to bribe Nigeria officials’

The article notes the involvement of the metropolitan police, but surely this is beyond the remit of the police involved? Where are the Dutch police, Interpol and Europol in this affair? Where is the SEC, and the authority that enforces the FCPA? It is simply not enough to say that Shell is “not under investigation”. […]

Royal Dutch Shell News Monday 29 Sept 2014

By John Donovan A selection of current news articles about Royal Dutch Shell from around the globe: Oil price fixing According to a Bloomberg article published by energyvoice.com, the UK is considering whether to criminalize manipulation of the world’s most-traded crude-futures market. Extract The UK is toughening the rules after the rigging of Libor and […]

Royal Dutch Shell News 23 Sept 2014

By John Donovan Nigeria FROM THE DAILY MAIL Shell has overhauled its security procedures in Nigeria to prevent oil theft that is costing it hundreds of millions of pounds. The Anglo-Dutch oil giant said it had stopped paying private security contractors to monitor its pipelines and oil facilities.  Carbon Pricing Forbes.com has published an article […]

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, […]

Follow-up: German Minister Calls for Shell Boycott

Email received from stakeholderdemocracy.org Dear good people I read your article on the German Minister and his comments with interest. We are an NGO working in the Niger Delta (50 staff Port Harcourt, 8 London) to improve environmental regulation and have developed a system (oilspillmonitor.ng) that allows Nigerian regulators to manage their data on oil […]

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…” […]