Posts under ‘Nigeria’

Reuters

Exclusive-Shell’s Nigerian oil assets attract interest from local firms, sources say

LONDON (Reuters) – At least five Nigerian oil and gas companies are preparing to submit bids this month for Royal Dutch Shell’s onshore oilfields in a sale that could fetch up to $3 billion, three sources involved in the process told Reuters.

Shell started talks with the Nigerian government last year about selling its stake in the West African country’s onshore fields, where it has been active since the 1930s, as part of a global drive to reduce its carbon emissions. read more

SHELL ASSETS DIVESTMENT IN THE NIGER DELTA: THE WHOLE TRUTH FROM AN INSIDER’S VIEW

By Zik Gbemre

• I am vindicated by the unbiased account expressed by a former Shell General Manager on why the oil major left Delta state.
• Until we situate the blame in all honesty and amend our ways, we will remain stagnated as a state and in the south of the Niger Delta at large.

When stakeholders often rationalise where to situate the blame over the Shell Petroleum Development Company (SPDC) unforgettable divestment of its key assets in Delta state which drastically shattered the state’s economy, I tell people not to look too far to find the key actors who forced that situation.

People may blame Shell, but Shell wasn’t the problem. Even if Shell genuinely intended to leave Delta, it never meant to leave the way it did. The greedy, thieving PDP hegemony of government over the state gave much recognition to violent youths above the law-abiding from the greed of James Ibori to the insensitivity of his successor cousin forced the Shell exit. read more

Vicious Infighting at the top of Shell Corporate Security

By John Donovan

Former high-level American spooks at Shell Corporate Security, including Mr Crockett Oaks III, have made serious discrimination accusations against the mysterious Brit, Mr James W.D. Hall.

Mr Hall was once described as the top executive in Shell’s entire corporate security organization, including the Business Integrity Department. He worked for the UK Foreign Office for many years, perhaps as a spymaster. In legal papers filed yesterday, it is alleged that “Hall is a professional peddler of falsehoods”. At the time of publication of this article, Mr Hall is Business Advisor, Project Lead and Chief of Staff to the Group Crisis Team at Shell. They must be busy. read more

Bloomberg

Nigerians in Oil-Rich Delta Pin Hope on U.K. Trial Against Shell

In the heart of Nigeria’s oil region, communities and their leaders see a U.K. court as their best chance to resolve a legacy of environmental damage in the area that they blame on Royal Dutch Shell Plc.

More than 40,000 residents of the crude-rich Niger Delta were permitted by the U.K. Supreme Court in February to seek compensation over pollution, allegedly caused by Shell, in a reversal of two previous rulings. The communities see this process as a guarantor of their legal rights, even if Shell were to follow through on its plans to exit some of the oilfields. A date for a trial hasn’t been set. read more

Allegations and Litigation Relating to Spymasters in Shell’s Corporate Security Department

By John Donovan

See below a self-explanatory email I sent yesterday to named senior executives at Shell.

It mentions the current momentous events at Royal Dutch Shell, although that is not the subject of the email. In that connection, I have not spotted any reference in current news coverage to the Dutch police raid at Shell’s current HQ in The Hague.

That astonishing development may have fuelled a growing feeling that the Dutch government has turned anti-Shell by allowing Nigerian and climate change litigation against Shell to proceed in the Dutch courts and tightening up Dutch tax regulations affecting Shell. read more

Royal Dutch Shell: How Nigeria’s Ex-Attorney General Bayo Ojo Received $10 Million From Malabu Largesse

10/05/2021 | 03:07am EDT

Christopher Bayo Ojo, who between June 2005 and May 2007 was Nigeria’s Attorney General and Minister of Justice, received $10.026 million the infamous Malabu OPL 245 share-outs, a payment investigators said was a “bribe” for his earlier controversial decision to reassign the lucrative oil block to Dan Etete, Nigeria’s former petroleum minister. read more

Contracts are the legal instruments that regulate the behaviour of individuals and parties in the corporate world. Developed societies have very high regard for contracts because it builds trust, makes for ease of doing business and reduce risks involved with investments.

Shell Petroleum Development Company (SPDC) is the pioneer leader of the Petroleum industry in Nigeria.

Shell is not only the leading energy company in Nigeria, the company is also a global brand with a presence in the most advanced economies in the world. Shell ought to know better about the sacrality of the contractual agreement and the imperativeness of their demands on implicated parties. read more

By John Donovan

Last Sunday I was described in the Channel 4 TV documentary Joe Lycett vs The Oil Giant as Shell’s No1 Enemy and as Shell’s nightmare. (Transcript of the relevant segment)

Within days I seem to have lost both titles to a billionaire upstart, Daniel Loeb, who seems intent on breaking up Shell.

From my unique perspective on Shell senior management over recent decades, he is right to question competence and direction.

How has Shell ended up with a foe (me) operating a website using the top-level domain name royaldutchshellplc.com and as a consequence dealing on Shell’s behalf with job applications and all manner of other email correspondence meant for Shell? This is the humiliating situation Shell has been in since 2005. Evidently, no one at Shell has had the gumption to do anything to put an end to such a farce. read more

Fresh Trouble, Panic hits Shell Hqrs as Oil Giant, AITEO launches $2.5b lawsuit against Shell over the sale of OML 29  with fraud and misrepresentations  read more

Royal Dutch Shell: How Nigeria’s Ex-Attorney General Bayo Ojo Received $10 Million From Malabu Largesse

Extracts from an article published by Premium Times on 5 October 2021

Christopher Bayo Ojo, who between June 2005 and May 2007 was Nigeria’s Attorney General and Minister of Justice, received $10.026 million from the infamous Malabu OPL 245 share-outs, a payment investigators said was a “bribe” for his earlier controversial decision to reassign the lucrative oil block to Dan Etete, Nigeria’s former petroleum minister. read more

Image Credit: KICKBACK NEWS

By John Donovan

KickBack.news, the anti-corruption website recently founded by Javier Ferrandis has published a remarkable article under the headline:

DONOVAN vs. SHELL: A 30 Years Epic battle against a corporate giant.

Extract

Disgruntled employees, interested in learning about or airing the dirty laundry of the Shell Group, or journalists, who want to find out what’s up at one of the largest corporations in the world, know that you have to start your search by simply typing royaldutchshellplc.com on your browser. read more

REVEALED: How Embattled Ex-Attorney General, Adoke Sought To Transfer Over $1billion From Nigerian Government Account After Leaving Office

BY SAHARA REPORTERS,

NEW YORK SEP 28, 2021

An internal email exchange between anti-money laundering officers at JP Morgan Chase (JPMC) bank records that a former Nigerian Attorney-General of the Federation, Mohammed Adoke sought to transfer over $1 billion from government account, after he had left office.

 The information showed that “Mr Adoke”, described in the email as “the former Nigerian Minister of Justice and Attorney General”, sought to transfer $1,092,015,000 from a Federal Government of Nigeria (FGN) account, held with the London branch of JPMC, even though he was not a Minister at the time, an Italian newspaper, IRPIMEDIA reports. read more

From an email sent to John Donovan and Shell CEO Ben van Beurden: 27 Sept 2021

ON THE PRODUCTION OF OVER 6,000 ITEMS/PRODUCTS FROM NATURAL PETROLEUM RESOURCES

By Zik Gbemre

• Why is the Nigerian government only thinking of and focusing on “quick returns” derived from the export of natural gas and crude oil without considering investing in the production of these other commodities/items that can be derived from these natural petroleum resources? 
• Aside from the economic benefits that can be derived from the exports of these finished products/commodities to other foreign countries from Nigeria, the enormous job opportunities this would bring about will greatly reduce the unemployment problems in the country. 
• If over 6,000 commodities/items that can be derived from natural gas and crude oil are produced locally in Nigeria in high quality obtainable in developed countries, we are sure that nobody in Nigeria will continue to patronize foreign-made goods. 

If over 6000 items/products can be derived/gotten from natural gas and crude oil, which Nigeria is naturally endured well-enough with, how come the Nigerian governments over the years, have not thought it necessary to massively invest in this area so as to greatly improve on the nation’s economy, and the same time provide millions of job opportunities for the Nigerian youths? Why is the Nigerian Government only thinking and focusing on the “quick returns” derived from the export of natural gas and crude oil, without any consideration to invest heavily in the production of these other products/items that can be derived from these natural resources? read more

The Telegraph

Nigerian oil spill victims sue City lawyers over Shell settlement

Oil spill victims accuse Leigh Day of unlawfully deducting £6m from a settlement due from Royal Dutch Shell

By Simon Foy 29 August 2021 • 9:00am

The City law firm Leigh Day is accused of unlawfully deducting £6m from a settlement due from Royal Dutch Shell to the Nigerian victims of an oil spill.

Eight members of the Bodo group from the Niger Delta have claimed that Leigh Day wrongly took the money – including £4m in “referral fees” to local lawyers – from a £55m payment. read more

REUTERS

Gunmen kill seven at Shell gas project site in Nigeria

Reuters Staff: AUGUST 17, 2021 10:54 AM

YENAGOA, Nigeria (Reuters) -Gunmen killed a police officer and six employees of a Nigerian oil and gas services contractor during an attack on buses transporting workers to a Shell project site in the southeastern state of Imo, police said on Tuesday.

The Nigerian arm of Shell, SPDC, confirmed that unknown gunmen had attacked a convoy of buses taking staff of its contractor, Lee Engineering, to its Assa North Gas development project site in the Ohaji area of Imo State on Monday morning. read more