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Amid Climate Crisis, Shell’s Financial Windfall Is Profiteering At Its Most Grotesque

Common Dreams

Amid Climate Crisis, Shell’s Financial Windfall Is Profiteering At Its Most Grotesque

We may be in the dying days of the fossil fuel empire, but those companies are enriching themselves like never before, as people die from our climate crisis.

ANDY ROWELL: July 31, 2022

Oil giant Shell has just posted record profits for a second consecutive quarter, smashing its previous record from earlier this year.

Shell posted adjusted earnings of a staggering USD 11.5 billion for the second quarter of this year, beating the USD 9.1 billion from the first three months of 2022.

Europe’s largest oil group was boosted by the sky-rocketing energy prices caused by the Ukraine war.

This means in the first six months of this year the oil giant has earnings of over USD 20 billion. This is profiteering at its most greedy and grotesque. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

SHELL COMMENTS ON THE VERDICT FROM THE MILAN TRIBUNAL OVER OPL-245

SHELL COMMENTS ON THE VERDICT FROM THE MILAN TRIBUNAL OVER OPL-245

Mar 17, 2021

Ben van Beurden, Chief Executive of Royal Dutch Shell plc (“RDS” or the “Company”), today made the following statement after the Milan Tribunal acquitted the company of charges related to Oil Prospecting Licence (OPL) 245 in Nigeria:

“We welcome today’s decision by the Milan Tribunal. We have always maintained that the 2011 settlement was legal, designed to resolve a decade-long legal dispute and unlock development of the OPL 245 block. At the same time, this has been a difficult learning experience for us. Shell is a company that operates with integrity and we work hard every day to ensure our actions not only follow the letter and spirit of the law, but also live up to society’s wider expectations of us.” read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Nigeria to Continue $3.5 Billion Claim Against Eni And Shell

Bloomberg

Nigeria to Continue $3.5 Billion Claim Against Eni And Shell

(Bloomberg) — Nigeria will continue its $3.5 billion civil claim against Shell Plc and Eni SpA after Italian prosecutors dropped criminal proceedings against the companies, a lawyer representing Africa’s largest crude producer said.

The West African country, which joined the case as a civil party in 2018, still plans to appeal the March 2021 ruling by a court in Milan acquitting the energy giants and several of their current and former executives of corruption charges, Olabode Johnson, a lawyer for the Nigerian government, said by phone. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell says its Nigeria asset sale not affected by court ruling

REUTERS

Shell says its Nigeria asset sale not affected by court ruling

ABUJA, June 21 (Reuters) – Shell Plc (SHEL.L) has said its planned sale of onshore assets in Nigeria will go ahead and was not affected by a Supreme Court ruling in a case in which a Niger Delta community is seeking compensation for a 2019 oil spill.

Bamidele Odugbesan, spokesman for Shell in Nigeria, said the June 16 Supreme Court ruling was in response to an appeal launched by Shell against a contempt ruling linked to the dispute with the Niger Delta community.

The lawyer for the community said the ruling, which was made public on Monday, barred Shell from disposing its assets as ordered by a lower court in March.

“The Supreme Court ruling on 16 June was with respect to the contempt proceedings and not related to (the) onshore portfolio review,” Odugbesan said.

Shell has invited bids for its onshore assets. Odugbesan did not say how many bids had been received.

Eighty-eight communities in Rivers state were awarded $1.95 billion compensation for an oil spill they blamed on Shell and which damaged their farms and waterways. Shell denies causing the spill. read more read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Judgment reserved in case against Shell’s seismic survey along the Wild Coast

DAILY MAVERICK

Judgment reserved in case against Shell’s seismic survey along the Wild Coast

By Tembile Sgqolana: 31 May 2022

The second day of the three-day court case between Shell, Impact Africa and environmental activists kicked off at the Gqeberha High Court on Tuesday following arguments from advocate Tembeka Ngcukaitobi SC and advocate Nick Ferreira on Monday.

The judges adjourned the matter, reserving judgment in both granting the joinder application put forward by Natural Justice and Greenpeace Africa (represented by the environmental law firm Cullinan & Associates) and the declarator that Shell required an environmental authorisation under the National Environmental Management Act (Nema), and if their exploration rights had been lawfully awarded by the Department of Mineral Resources and Energy (DMRE).

On Monday, Judge President Selby Mbenenge, Deputy Judge President Zamani Nhlangulela and Judge Thandi Norman heard the merits of the joinder application.

On Tuesday, Jeremy Gauntlett SC, representing Impact Africa, argued against the joinder application sought by Natural Justice and Greenpeace Africa, saying the two organisations added nothing new to the case and had decided to attach themselves like a “cuckoo in a nest”.

During the second day, Gauntlett argued that the applicants were using a legal “knobkerrie” via interdict to undermine Minister Gwede Mantashe’s  authority to decide the matter, laying blame on imperfect legislation rather than the decision-maker. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

The Nigerian village that stood up to Shell and won

The Guardian

The village that stood up to big oil – and won

The fossil fuel industry faces a reckoning in the Niger Delta after a disaster left families ‘eating, drinking, breathing the oil’

Wednesday 1 June 2022

Today, the oil industry in Nigeria faces a reckoning with Shell at the helm. According to Amnesty International, the oil company has come under “unprecedented legal scrutiny” in recent years for its negligent and criminal practices in the Niger Delta. Several lawsuits are ongoing while others have culminated in courts ordering Shell to pay plaintiffs billions of dollars in damages. The mounting pressure has Shell considering a rapid departure from the region’s oil market. In early August 2021, the company announced it would sell off all remaining onshore oilfields in Nigeria, citing challenges with community unrest, sabotage and a company-wide refocus on promoting green energy. But locals and lawyers see the move as Shell ducking its responsibility to clean up after itself. A court in March barred Shell from selling any more assets in Nigeria while the company appeals against a ruling in which it was found liable for a 2019 oil spill and ordered to pay affected communities nearly $2bn in damages. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell Court Case Prompts Climate Protest in Cape Town

Bloomberg News

Shell Court Case Prompts Climate Protest in Cape Town

Bloomberg News: Paul Burkhardt: May 28, 2022

Protesters rallied in Cape Town on Saturday ahead of a court ruling on oil and gas exploration by Shell Plc.

Community groups in December won a temporary halt to the company’s seismic survey off South Africa, pending a decision on whether further environmental authorization is needed for the work to proceed. The case will reopen on Monday.

Demonstrators held signs that showed the Shell logo and read “stop all seismic blasting,” activity that they argue will harm local marine life and disrupt fishing, while the company maintains the practice has been well established and in line with industry standards. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell escaped liability for oil spills in Nigeria for years. Then four farmers took them to court — and won

CNN

Shell escaped liability for oil spills in Nigeria for years. Then four farmers took them to court — and won

Nigeria (CNN)When Nigerian environmental lawyer Chima Williams launched a lawsuit against oil giant Shell plc, he did not envisage a 13-year battle that would lead to a landmark ruling and land him a prestigious environmental award.

Williams, who is the executive director of the Environmental Rights Action/Friends of the Earth Nigeria, successfully convinced the Court of Appeal in the Hague that Shell plc was responsible for the activities of its subsidiary in Nigeria — Shell Petroleum Development Company of Nigeria (SPDC) — and for oil spills that ravaged local farmlands.

The suit against Shell Nigeria was brought by four farmers from the Goi and Oruma communities in the country’s oil-rich but impoverished Niger Delta region, who said their farms were left in ruins after major spills from underground pipelines.

The decision to allow Shell plc, formerly known as Royal Dutch Shell plc, to be sued in this jurisdiction set a precedent as it was the first time the Dutch parent company was sued in its home country for the actions of its foreign subsidiary, SPDC.

Environmental lawyer Chima Williams is the 2022 Africa Goldman Prize winner for his efforts in holding oil giant Shell accountable for oil spills.

Shell Nigeria (SPDC) was eventually held liable for the oil spills and ordered to pay damages to the farmers in a January 29, 2021, ruling by the Court of Appeal of the Hague. SPDC was also ordered to carry out an intensive clean-up of the damage to the communities.

Williams was on Wednesday awarded the Goldman Environmental Prize for his work in holding the company accountable for the environmental damage. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Oil Giants Sell Dirty Wells to Buyers With Looser Climate Goals, Study Finds

Oil Giants Sell Dirty Wells to Buyers With Looser Climate Goals, Study Finds

The transactions can help major oil and gas companies clean up their own production by transferring polluting assets to a different firm, the analysis said.

: May 10, 2022

When Royal Dutch Shell sold off its stake in the Umuechem oil field in Nigeria last year, it was, on paper, a step forward for the company’s climate ambitions: Shell could clean up its holdings, raise money to invest in cleaner technologies, and move toward its goal of net zero emissions by 2050. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell 2021 oil spills in Nigeria double in volume

Reuters

Shell 2021 oil spills in Nigeria double in volume

LONDON, April 5 (Reuters) – Shell (SHEL.L) said on Tuesday the volume of crude oil spills caused by sabotage in Nigeria’s oil-rich Delta more than doubled to 3,300 tonnes last year, a level last seen in 2016.

While the volume of spills rose, the number of major spills fell to 106 in 2021 from 122 incidents the previous year, Shell said in its sustainability report.

It said in 2020, oil spills in Nigeria stood at 1,500 tonnes. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Nigeria: Dutch court rejects suit of ‘Ogoni Nine’ widows against Shell

Nigeria: Dutch court rejects suit of ‘Ogoni Nine’ widows against Shell

The court said there was insufficient evidence to support claims of the families of the activists executed alongside the writer Ken Saro-Wiwa in 1995.

23 March 2022

A Dutch court has thrown out a suit against Shell brought by four widows of activists who were executed by late Nigerian military leader Sani Abacha in 1995 after protests against the company’s exploitation of the oil-rich Niger Delta.

The court said there was not enough evidence to support the widows’ claim that Shell had been involved in bribing witnesses related to the case.

In 2019, the court had handed the widows a rare win in their long-running battle by allowing the case to continue. But it had also said the claimants needed to prove Shell’s liability.

Shell has always denied wrongdoing.

Esther Kiobel, whose husband Barinem Kiobel was among those executed, said she would file an appeal at The Hague.

“We can’t do it in Nigeria because they [the government] are the collaborators,” she said. “I want their [activists] names exonerated. That’s what I want and that’s what I’m fighting for.” read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

The Hague: Esther Kiobel vows to continue her campaign for justice

The Hague: Esther Kiobel vows to continue her campaign for justice

Human rights defender Esther Kiobel today lost her civil case against oil giant Shell, which she accuses of complicity in the 1995 execution of her husband by the Nigerian military government, but has promised to continue her campaign for justice. Esther has spent 27 years seeking justice for her husband Dr Barinem Kiobel, who was hanged along with eight other men in connection with widespread protests against oil pollution in the Niger Delta. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

CAN SHELL GREEN?

English translation of extracts from a Forbes article published in German on 1st March 2022. 

FORBES

CAN SHELL GREEN?

In the public perception, Shell is an industrial giant – now Fabian Ziegler, Chairman of the Management Board of Deutsche Shell Holding GmbH since spring 2020, wants to make the company greener.

Will the Swiss succeed in pulling off the coup so vital to the group’s survival?

Text: Matthias Lauerer
Photo: Deutsche Shell Holding GmbH

1st March 2022

Is Shell on its way to a carbon-neutral future? Will this be a reimagined world, where green hydrogen, e-mobility and decarbonization have become a reality? Or do they prefer to greenwash to perpetuate the dirty old business model on which the global economy hangs? read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

JP Morgan accused of negligence over corrupt $1.3bn Nigerian oil deal

The Telegraph

JP Morgan accused of negligence over corrupt $1.3bn Nigerian oil deal

The case revolves around $876m of missing money from an oil field sale in 2011

JP Morgan negligently allowed corrupt Nigerian officials to siphon off more than three quarters of a $1.3bn oil investment to a former oil minister’s company and assorted middlemen, the High Court will hear this week.

The world’s largest bank is being sued by the Nigerian state for allegedly allowing corrupt former state officials to extract $875m between 2011 and 2013 from a government account opened with JP Morgan in London. read more

shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

Shell discovers light oil offshore Namibia, in first for southern African country

S&P Global

PLATTS

Shell discovers light oil offshore Namibia, in first for southern African country

Energy major Shell has confirmed a light oil discovery at the Graff-1 well offshore Namibia, marking the first oil find for the southern African country, a company spokesperson said Feb. 4.

“Results from our exploration well are encouraging, establishing the presence of a working petroleum system with light oil,” the Shell spokesperson told S&P Global Platts. “We’ll continue evaluating the data and conduct further exploration activity to determine the extent of the system and how much of the hydrocarbons can be recovered.” FULL ARTICLE
shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.

EXCLUSIVE Shell hits oil and gas in Namibian offshore well

REUTERS

EXCLUSIVE Shell hits oil and gas in Namibian offshore well

By  and 

  • Shell made “significant” discovery in Graff-1 well
  • Namibian government to hold press conference on discovery
  • It remains unclear if Shell will develop a field
  • read more

    shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.