Trial set for two of the world’s largest oil companies
13 May 2018: Two of the world’s largest oil companies, Royal Dutch Shell and Eni of Italy, are expected to go on trial on Monday in Milan. Prosecutors are bringing corruption charges over a $1.3 billion oil deal in Nigeria. The defendants include current and former oil executives, among them Claudio Descalzi, Eni’s chief executive, who has the backing of his board despite his legal troubles. The case revolves around a payment the companies made in 2011 to the Nigerian government to settle a dispute over an offshore oil tract in the Atlantic Ocean known as OPL 245. The companies have consistently denied wrongdoing, but the case may shine a light on the sometimes murky dealings of the international oil industry. The proceedings, which are expected to last for months, may be delayed after initial procedures. Stanley Reed SOURCE

Royal Dutch Shell is facing the threat of a shareholder rebellion against its chief executive’s €9m annual pay packet, piling further pressure on the energy group which was already braced for a clash with investors this month over climate change. Institutional Shareholder Services, the advisory firm whose recommendations influence votes at annual meetings, has urged investors to reject Shell’s 2017 remuneration report, citing concerns about high payouts and safety issues. Ben van Beurden, chief executive, received €8.9m last year… 


Shell and Italian oil giant, Eni, are also defendants in the charge of ‘Aggravated international corruption,’ leveled against the oil executives in the trial which began in Milan, Italy on Monday.

By Bayo Akinloye: 12 MAY 2018

The manager of Shell’s eastern division, J.R. Udofia, faxed the Commissioner of Police in Rivers State specifically requesting the intervention of the Mobile Police (also known as MOPOL), a paramilitary unit. According to a subsequent judicial enquiry, the villagers had not in fact attacked Shell installations, but conducted a peaceful protest demanding that the oil company compensate them for damage caused by pollution from oil spills. Over the course of the next two days, the Mobile Police attacked the village, “like an invading army that had vowed to take the last drop of the enemy’s blood”, the inquiry found. The Mobile Police, using guns and grenades, killed 80 people, throwing many corpses into a nearby river, the survivors testified.



For decades, communities in the Niger Delta oil heartland have complained that spills and pollution have destroyed their land and killed off wildlife. Rights group Amnesty International accused international oil majors Royal Dutch Shell PLC and Eni SpA in March of negligence when addressing spills in Nigeria.
…other extra costs, such as repair and consolidation of houses, will soon be charged to the national debt to the extent that they are not paid by NAM. How high they are remains to be seen…
Shell sued by two former Chinese distributors for alleged antitrust violations. 





A unit of 

Reuters staff: Monday 8 May 2018

“This corrupt deal is spawning legal action all over the world. Global Witness wholeheartedly supports the move to revoke the rights to this oil block. Shell and Eni should not be allowed to profit from their appalling behaviour…”























