Will Shell be forced to face the music, or will their toxic legacy be a burden borne by the Niger Delta for generations to come? Only time will tell, but for now, Shell’s exit strategy reads more like a crime thriller than a corporate transition plan.
Posted by John Donovan: 28 Feb 24
Oh, what’s this? Shell, the darling of the fossil fuel world, is attempting the corporate equivalent of dine and dash, but instead of skipping out on a restaurant bill, they’re leaving behind a slightly more problematic souvenir in the Niger Delta: a colossal, toxic mess. In a move that’s about as shocking as finding oil in the delta, Shell is trying to ghost the region with a cheeky $2.4 billion sale of its onshore assets to the Renaissance Africa Energy Company. But here’s the kicker: they’re packing up their oil-stained bags without cleaning up the environmental disaster they’ve lovingly crafted over the decades.
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