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Netherlands: More than 50 lawsuits loom large as Shell holds AGM

21 May 2018, 15:41 UTC 

As oil giant Shell prepares for its annual shareholders meeting in The Hague tomorrow, Amnesty International is drawing investors’ attention to dozens of national and international lawsuits that are currently underway against the company and that could potentially cost it millions. Amnesty International has joined forces with four other NGOS – Global Witness, Groninger Bodem Beweging, Greenpeace and Milieudefensie – to hold a pop-up ‘exhibition’ at the meeting, showcasing details of 16 of the active lawsuits against Shell. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Don’t neglect to pay the middleman: How Shell and Eni ended up on trial

REUTERS STAFF: 21 MAY 2018

* Shell, ENI face corruption trial over oil deal in Nigeria

* Trial follows civil court cases fought by middlemen

* Key issues in the trial emerged during civil cases

By Libby George and Shadia Nasralla

LONDON, May 21 (Reuters) – Seven years ago, two middlemen launched civil lawsuits to seek payment for helping arrange a $1.3 billion oil deal in Nigeria.

Now, nine current and former executives or contractors from Italy’s Eni and British-Dutch giant Royal Dutch Shell , including ENI Chief Executive Claudio Descalzi, have been accused by Italian prosecutors of paying bribes to secure the licence to explore a large offshore oilfield in 2011. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell urged to resist calls to fall into line with Paris climate accord

20 MAY 2018 • 7:30PM

Britain’s largest shareholder advisory groups have called on investors in Royal Dutch Shell to reject growing demands for the oil giant to take full responsibility for its impact on the environment.

Shell faces a binding shareholder vote tomorrow to decide whether to adopt rigorous accountability standards to bring its operations into line with the Paris climate agreement. Glass Lewis and ISS have urged shareholders to reject the “unduly burdensome” and “problematic” proposal. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell partners with the Nigerian military again

By Doris Esa: 20 MAY 2018

The Nigerian Air Force (NAF) has met with Shell companies in Nigeria to plan the protection of oil installations, including deployment and use of Unmanned Aerial Vehicles (UAVs).

The Air Force said it was ready to partner with Shell to deploy the drones to help secure the companies’ oil and gas pipelines.

The NAF said it would deploy the drones to other critical oil installations in the Niger Delta.

A statement by the NAF Director of Public Relations and Information, AVM Olatokunbo Adesanya, announced this in Abuja. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Personal Intervention of Judy Moody-Stuart In Donovan/Shell battle

Extracts from the ebook “John Donovan, Shell’s Nightmare” (now available on Amazon websites globally)

Extracted from pages 118 & 119.

The Smart trial commenced on 15th June 1999 in Court 58 on the 7th Floor of the modern air-conditioned Thomas More Building at the Royal Courts of Justice in London.

At the start of the trial the Judge, Mr. Justice Laddie QC, commented that it was one of the most unpleasant cases that had ever come before him, with both sides making extremely serious allegations against each other.

Personal Intervention of Judy Moody-Stuart

Days before the Smart trial commenced, a magazine published an article containing a reference to an extraordinary personal intervention by Judy Moody-Stuart, the Quaker wife of the Shell Chairman, Mark Moody-Stuart. (Now Sir Mark & Lady Judy Moody-Stuart). read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

SHELL SPONSORED MILITARY RULE AND DEEPENING VIOLENCE IN OGONILAND

“Shell operations still impossible unless ruthless military operations are undertaken for smooth economic activities to commence.” Security forces led by Okuntimo shot at thousands of people who were peacefully demonstrating outside Shell’s main compound at Rumuobiakani in Port Harcourt. One eyewitness told Human Rights Watch that he heard Major Paul Okuntimo order his soldiers, “Shoot at anyone you see.” According to Human Rights Watch: “The troops began throwing canisters of tear gas, shooting indiscriminately…”

Extracts from pages 23 & 24 of an Amnesty International document headed: “A CRIMINAL ENTERPRISE? SHELL’S INVOLVEMENT IN HUMAN RIGHTS VIOLATIONS IN NIGERIA IN THE 1990s”

EXTRACT BEGINS

MILITARY RULE AND DEEPENING VIOLENCE IN OGONILAND

In November 1993, General Sani Abacha, a man intolerant of dissent who was prepared to use violence to suppress opposition, seized power in a coup.74 Abacha banned all political activity, replacing civilian governors with military administrators, and jailing and executing opponents.75 By early the next year, the military administrator of Rivers state

Lieutenant-Colonel Musa Dauda Komo had put in place a new plan to deal with MOSOP, creating the Internal Security Task Force (ISTF), under Major Paul Okuntimo.76 Almost immediately the ISTF engaged in excessive use of force and other human rights violations in response to community protests in the Niger Delta. For example, on 21 February 1994, security forces led by Okuntimo shot at thousands of people who were peacefully demonstrating outside Shell’s main compound at Rumuobiakani in Port Harcourt. One eyewitness told Human Rights Watch that he heard Major Paul Okuntimo order his soldiers, “Shoot at anyone you see.”77 According to Human Rights Watch: “The troops began throwing canisters of tear gas, shooting indiscriminately, beating demonstrators with the butts of their guns, and making arrests. P, a community elder, still has a scar on his head from the brutal beating to which he was subjected. Five people were shot, and more than ten people were arrested.”78 read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell and BP may face further shareholder opposition at AGM

Shell and BP may have to face down shareholder opposition to their chief executives’ pay packets at their annual general meetings next week.

Written by  – 

And for the third year in a row, Shell investors will vote on a resolution asking the company to set clear goals for meeting climate change targets.

Recommendations by the Institutional Shareholders Services (ISS) once again focus heavily on the pay of top executives at the energy giant, with ISS raising concerns over the 80% rate of bonus delivered to the CEO of Shell despite only reaching 70% on sustainable development targets.

Similarly, investors advisory firm Pensions and Investment Research Consultants (PIRC) continued to caution shareholders against sanctioning BP chief executive Bob Dudley’s remuneration package, which it called “excessive” in 2017 as it soared by more than £1 million to £9.5m. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell Spreads Its Bets Around as It Prepares for a Greener Future

Shell closed a deal to buy First Utility, a British energy company that owns neither power plants nor gas pipelines, in March. CreditTom Jamieson for The New York Times

By Stanley Reed

COVENTRY, England — There seems to be little about the scrappy energy company in central England that would appeal to Royal Dutch Shell, the button-down oil giant. The little company, First Utility, is an upstart challenger. It offers friendly customer service, and low prices on electricity and natural gas. But it doesn’t own any power plants or gas pipelines; First Utility is a virtual energy company — the product of technological advancement and deregulation. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Total warns of Iran pullout over US sanctions threat

 in Paris and  and  in London: 16 May 2018

Royal Dutch Shell, the largest European oil and gas group, also struck a provisional agreement with Iran in 2016 to carry out studies in three of the country’s biggest oil and gasfields. However, that agreement represented a much less firm commitment than Total’s and Shell has not opened an office in Iran or moved staff there. The Anglo-Dutch group said on Wednesday that it was still assessing the implications of Mr Trump’s withdrawal. FULL FT REPORT read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Carl Mortished: Higher pay for top bosses doesn’t deliver better results

CARL MORTISHED: 16 MAY 2018

It’s a sure sign of confidence: people are getting angry about the boss’s pay. When tumble weed blows down Main Street, no one complains about the trough in the boardroom. Envy doesn’t sit well with fear but the sun is shining on Royal Dutch Shell’s corporate livery, the share price is buoyant and cash overflowing. A shareholder advisory organisation is complaining about the €9 million (£7.9 million) pay of Ben van Beurden, Shell’s chief executive. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

More investor rebellions brew as BP and Shell bosses’ pay comes under fire

Alys Key: Retail and leisure reporter: Tuesday 15 May 2018

More shareholder rebellions are brewing as a summer of AGM revolts gets underway, with oil and gas companies the latest to face the music. Shareholders in BP are being urged to vote against the “unacceptable” pay of chief executive Bob Dudley, whose remuneration is 48 times higher than the company’s average employee. Advisory service Pensions & Investment Research Consultants (Pirc) advised shareholders to oppose the company’s remuneration report at the annual general meeting on 21 May. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Nigeria: Tackling Insecurity in the Niger Delta

15 May 2018

Shell’s payment of $4.32 billion to the Nigerian government in 2017, despite the closure of the 400,000 barrels per day capacity Forcados Oil Terminal, has clearly demonstrated the potentially huge earnings in Nigeria’s oil sector if security challenges are fully addressed, Ejiofor Alike reports. Apart from the shutdown of Forcados export terminal, sabotage-related oil spill incidents in SPDC’s facilities also rose to 62, from 48 recorded in 2016, according to Shell’s Sustainability Report 2017. But despite these gloomy pictures of insecurity in the Niger Delta, the Royal Dutch Shell Plc paid $4.32 billion to the Nigerian Government in 2017, representing an increase of 19 per cent from the $3.64 billion the oil giant paid in 2016. The Shell’s Sustainability Report 2017 showed that the $4.32 billion paid to Nigeria was the highest paid by the oil giant to any government in the 29 countries covered by the report. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell, Eni trial on Nigeria corruption re-adjourned to June

Reuters Staff: MAY 14, 2018

MILAN (Reuters) – The trial of top executives from oil majors Eni (ENI.MI) and Shell (RDSa.L) over alleged corruption in Nigeria kicked off on Monday with a brief procedural hearing and a decision to re-adjourn next month.

At the next hearing, set for June 20, the Milan court said it would assess requests from third parties, including a series of international non-profit organizations, to join the case.

At Monday’s hearing Domenico Cartoni Schittar, a lawyer representing the Nigerian government, said he was stepping down from his role.  read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell Faces Shareholder Outcry Over Incident That Killed 200

BY Kelly Gilblom: 14 May 2018, 12:02 BST

Royal Dutch Shell Plc will face difficult questions at its annual general meeting next week after an investor-advisory group urged shareholders to challenge executive pay and the company’s response to a fatal accident in Pakistan. 

Institutional Shareholder Services Inc., an influential adviser on corporate governance, has recommended investors reject Shell’s pay report at its AGM on May 22, saying it was initially “silent” on the Pakistan incident. ISS also said it could only offer “qualified support” to the re-election of the independent director looking after corporate social responsibility.  read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Total, Shell in gas development deal with Oman

Two oil majors have struck a deal with Oman over the development of natural gas resources in the Middle Eastern state.

Written by  – 

Total and Shell, as operator, will develop several natural gas discoveries located in the Greater Barik area on onshore Block 6 with respective shares of 25% and 75%. They aim to produce of around 500million cubic feet of gas per day, rising to 1billion at a later stage. Total will use its share to develop a regional hub for supplying LNG as a fuel to marine vessels. Arnaud Breuillac, president, exploration and production at Total, said: “We are pleased to sign this MoU with the Sultanate of Oman that will give us access to new gas resources and the opportunity to develop an integrated gas project. FULL ARTICLE read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan

Shell, Eni oil executives on trial for graft in Nigeria

A corruption trial against oil giants Shell and Eni and Nigeria’s ex-oil minister Dan Etete is getting started in Milan. The case deals with alleged bribes valuing millions, and the Italian trial is not the only one.

Starting Monday, the Italian city of Milan will be the scene of a month-long trial that deals with corruption allegations in the oil industry.

The Milan public prosecutor’s office accuses the Italian oil firm Eni and the British-Dutch oil company Shell of having paid millions of dollars in bribes in order to acquire a lucrative oil exploration and drilling license in Nigeria.

Now 15 defendants are facing trial. Most of them employees of the two companies but Nigeria’s ex-Minister of Petroleum, Dan Etete, will also be tried. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnews.net and cybergriping.com are all owned by John Donovan
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