… the oil giant has opted for a dramatic exit, leaving Iraq’s dreams of petrochemical prosperity in the dust.
Posted by John Donovan: 14 Feb 24
Oh boy, Shell has done it again! After nearly a decade of dangling the carrot of investment in front of Iraq’s eager face, Shell has decided to pack its bags and leave the table, abandoning plans to build a mega petrochemicals plant in Basra. Just when you thought the plot couldn’t thicken any more, the oil giant has opted for a dramatic exit, leaving Iraq’s dreams of petrochemical prosperity in the dust.
“After an in-depth evaluation on the feasibility of the Nebras integrated petrochemicals complex with our government partners, Shell has decided not to proceed with the project,” Shell announced, sounding almost as if they had just decided to skip dessert. They cited reasons like “performance, discipline and simplification,” and the “high-grading of our chemicals portfolio.” Ah, the sweet sound of corporate speak meaning, “We’ve had a better offer,” or perhaps, “It’s not you, it’s me.”
BASRA, Iraq, May 21 (Reuters) – Shell has evacuated its foreign staff, numbering around 60, from Iraq’s Basra Gas Company and flew them out of Iraq on Wednesday, two Basra Gas Company executives told Reuters.
SPUTNIK: Shell Stops Sending UK-Flagged Ships Through Strait of Hormuz Over Tanker Seizure by Iran
Rania El Gamal
SCREENSHOT FROM A RELATED 
Of particular concern to Shell, the author provides first-hand insight into Shell’s security and intelligence activities in Nigeria, Iraq, Iran, Ireland and other global hot spots and details how Shell worked with US, UK and Dutch Intelligence and military agencies to further their mutual agendas. The author also discusses Shell’s secret communications with MEND militants in Nigeria through intermediaries. 
By 
FILE PHOTO: A worker walks at Nahr Bin Umar oil field, north of Basra, Iraq December 21, 2015. REUTERS/Essam Al-Sudani/File Photo
Rania El Gamal
Nov. 8, 2017 11:33 AM ET
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EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
