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Shell: BP has leaked much more

Both oil concern BP and Royal Dutch Shell have been crossed off the list of most sustainable companies, writes the Dutch financial daily Financieele Dagblad on Friday based on the Dow Jones Sustainability Indexes Review 2010.

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Published on : 17 September 2010 – 12:00pm | By Sophie van Leeuwen (Photo: EPA/ANP)

Nigerian oil worker

The oil leaks in Nigeria are comparable to the oil disaster in the Gulf of Mexico. Both oil concern BP and Royal Dutch Shell have been crossed off the list of most sustainable companies, writes the Dutch financial daily Financieele Dagblad on Friday based on the Dow Jones Sustainability Indexes Review 2010.

The authors of the index want to speak with one voice. If BP is to be removed from the index, than Shell should be too, reports the newspaper, quoting anonymous sources. In a reaction, a Shell spokesperson said he is surprised.

“If this has anything to do with Nigeria, it would be very undeserved,” he said. “The situation in Nigeria cannot be compared to the BP oil disaster in the Gulf of Mexico in any way. In the last five years time Shell spilled 15,000 barrels of oil in Nigeria; BP lost millions of barrels. We are awaiting complete clarity about on Dow Jones’ reasoning.”

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COMMENT FROM A SHELL RETIREE

Shell says themselves they no longer are on the Dow Jones index for sustainability. Main reason apparently the bad behaviour in Nigeria and all the flaring they do.

I arrived in Nigeria after the famous ‘Decree 99’ was issued, ‘Thou shalt not flare’. Shell was very worried that the Nigerian government meant this seriously. But soon they found escapes and over the years have informed own staff and the rest of the world that they would stop flaring in the late 90s, then 2004, then 2008 and now it is 2010 and they are still flaring at a massive scale.

Whatever the excuses, the fact is they do flare obscene amounts of gas.

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