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Shell Dumps $2.4 Billion Nigerian Assets, Doubles Down on Deepwater Destruction

Posted by John Donovan: 19 Dec 2024

Well, isn’t this just rich. Shell Plc, the oily overlord of environmental devastation, has finally managed to offload $2.4 billion worth of Nigerian assets to Renaissance Group, after being given the go-ahead by Nigeria’s oil minister. You know, the same oil minister who, just two months ago, hit the brakes on Shell’s attempt to bail on its onshore and shallow-water operations in the Niger Delta. But apparently, a couple of months—and maybe a few “persuasive” conversations—were all it took for Shell to get the approval it needed. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan. There is also a Wikipedia segment.

5: Royal Dutch Shell initiatives

It is not all a bad news story. Royal Dutch Shell has been responsible for many important initiatives in relation to the environment, encouraging business start-ups, supporting charitable causes and other good works. Shell has also had a long successful relationship with Ferrari.

(Information from WIKIMEDIA COMMONS: The above Shell logo image is in the public domain because its copyright has expired and its author is anonymous.)

Royal Dutch Shell is responsible for many important initiatives in relation to the environment, encouraging business start-ups, supporting charitable causes and other good works. With regard to the environment, Shell has however been accused of “greenwash“, betraying new energy future promises, and in March 2009, announced its intention to abandon wind, solar and hydropower in favour of biofuels.

The Shell Foundation

The Shell Foundation launched in 1997, is a worldwide, social investment initiative to concentrate on working with external partners to promote sustainable development. It is an independent registered charity which has three Shell executives on its board balanced by an equal number of independent non-executive directors, in line with UK Charity Commission rules. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan. There is also a Wikipedia segment.
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