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Shell to sell Egypt onshore assets for up to $926 million

Mar 9th, 2021
by John Donovan.
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Shell to sell Egypt onshore assets for up to $926 million

By Reuters Staff: MARCH 9, 2021

CAIRO (Reuters) – Shell Egypt RDSa.L has entered into an agreement to sell upstream assets in Egypt’s Western Desert to Cheiron Petroleum Corporation and Cairn Energy Plc for up to $926 million, the company said on Tuesday.

The deal includes Shell Egypt’s stake in 13 onshore concessions and its share in the Badr El-Din Petroleum Company (BAPETCO). It is subject to government and regulatory approvals and is expected to be completed in the second half of 2021, the statement said. read more

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Even more legal woes for Shell in Nigeria

Mar 4th, 2021
by John Donovan.
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Even more legal woes for Shell in Nigeria

Hi John Donovan,

Find attached a clear copy of the Petitions filed against Shell to the Nigerian Government by the Consortium of Lawyers for Human Right & Justice and African Centre for Justice & Human Right.

INFORMATION AND PETITIONS SUPPLIED FOR PUBLICATION

NEW DEVELOPMENT/BREAKING NEWS FRESH LEGAL WOES, TENSION HITS SHELL AS CIVIL SOCIETY YOUTH GROUP ASKS COURT FOR ORDER OF MANDAMUS TO COMPEL ATTORNEY GENERAL OF NIGERIA AND EFCC TO INVESTIGATE AND PROSECUTE SHELL FOR STOLEN 16 MILLION BARRELS OF CRUDE OIL read more

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

Parent company owes duty of care in transnational cases – Hague Court of Appea

Mar 3rd, 2021
by John Donovan.
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Parent company owes duty of care in transnational cases – Hague Court of Appea

1 March 2021 by 

The Hague Court of Appeal has recently handed down a ruling that is of profound importance to environmental lawyers. It is not only the first case at the appellate level in Europe that has resulted in a victory on the merits for the victims, but also the first case to hold that a parent company was under a duty of care with regard to foreign claimants. I will attempt to summarise one of the judgments in the following paragraphs, but readers would do well to look at the detailed analysis of the case by  Dr Lucas Roorda on the Rights as Usual blog: “Wading through the (polluted) mud: the Hague Court of Appeals rules on Shell in Nigeria”. read more

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

Shell’s woes over NIgerian Oil

Feb 26th, 2021
by John Donovan.
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By John Donovan

The BBC recently published an article under the headline: Shell’s legal woes over Nigeria’s oil.

The article listed some of the growing numbers of lawsuits being brought against Shell in multiple legal jurisdictions, all arising from Shell’s deplorable conduct in Nigeria.

The damaging global news coverage reporting on the various court actions seems to have stung Shell’s CEO Ben van Beurden into threatening that Shell may pack its corporate bags and pull out of Nigeria. read more

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

Shell moves to recover frozen bank accounts

Feb 22nd, 2021
by John Donovan.
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Shell moves to recover frozen bank accounts

By Femi Adekoya 22 February 2021   |   3:58 am

Shell Petroleum Development Company (SPDC) has said it is working to secure expeditious discharge of court order freezing its accounts, which was obtained by AITEO Eastern (E&P) Company Limited.

AITEO had sought an ex-parte order from a Federal High Court in Ikoyi, Lagos for an injunction directing 20 commercial banks to block accounts of SPDC and affiliates of the Royal Dutch Shell company operating in Nigeria in a bid to recover cash value of more than 16 million barrels of crude allegedly diverted by the oil giant. read more

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

Shell’s Nigerian accounts frozen in oil deal dispute

Feb 20th, 2021
by John Donovan.
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Shell’s Nigerian accounts frozen in oil deal dispute

Feb. 19, 2021 9:59 AM ET Royal Dutch Shell plc (RDS.A) By Carl Surran, SA News Editor: 12 Comments

  • A Nigerian court has restricted Royal Dutch Shell’s (RDS.A, RDS.B) access to its bank accounts in the country amid a legal dispute over a pipeline deal six years ago.
  • A local oil producer is demanding billions of dollars in damages, claiming Shell misrepresented the condition of the pipeline and undercounted the volume of crude one of its facilities received from the Nigerian company, Bloomberg reports, citing court documents.
  • The allegations involve its $2.4B purchase in 2015 of a 45% interest in an oil block and pipeline from three multinational companies, including Shell.
  • The dispute is just one among several related to Shell’s activities in Nigeria; YTD, a Dutch court has ruled Shell is liable for oil spills in two villages 13 years ago, and the U.K. Supreme Court allowed 40K fishermen and farmers to sue Shell in England.
    • read more

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

    Shell’s past sins in Nigeria catching up with the oil giant at last

    Feb 17th, 2021
    by John Donovan.
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    Shell’s past sins in Nigeria catching up with the oil giant at last

    The recent UK Supreme Court judgement represents a major defeat for Shell after decades of evading legal retribution for its evil plunder and pollution in Nigeria.  

    The crusading solicitors Leigh Day (London) – the scourge of errant corporations, brought the action against Shell on behalf of Nigerian communities impacted over many years by Shell’s horrific environmental legacy in Nigeria. 

    My help was sought by Leigh Day in bringing the action after Leigh Day discovered “invaluable” information on my website royaldutchshellplc.com.  read more

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    Landmark court ruling could ‘end impunity’ for Shell and other multinationals

    Feb 17th, 2021
    by John Donovan.
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    Landmark court ruling could ‘end impunity’ for Shell and other multinationals

    Okpabi and others v Royal Dutch Shell Plc (41 pages)

    A major court defeat for oil and gas giant Shell could herald the end of “a long chapter of impunity” for multinationals implicated in human rights abuses overseas, lawyers and campaigners have said.

    The UK Supreme Court ruled on Friday that the Ogale and Bille communities in the Niger Delta can bring legal claims for clean-up and compensation against Royal Dutch Shell plc (RDS) and its Nigerian subsidiary, the Shell Petroleum Development Company of Nigeria (SPDC). read more

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

    Brazilian residents sue Braskem in Dutch court over salt mines

    Feb 15th, 2021
    by John Donovan.
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    The case is the latest attempt by local communities to seek compensation from large commodities companies in European courts after the UK Supreme Court on Friday allowed Nigerian residents to sue Royal Dutch Shell (RDS) in England over years of oil spills. “This is, sadly, yet another case of a giant corporation that is more than happy to exploit the natural riches of an area but has had little consideration for those who live in it…

    Brazilian residents sue Braskem in Dutch court over salt mines read more

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    Shell Files Arbitration Against Nigeria Over Spill Dispute

    Feb 14th, 2021
    by John Donovan.
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    Shell Files Arbitration Against Nigeria Over Spill Dispute

    William Clowes: Feb 13 2021, 7:57 PM Feb 13 2021, 10:38 PM

    (Bloomberg) — Royal Dutch Shell Plc launched arbitration proceedings against the Nigerian government over a long-running community dispute.

    The oil major’s Netherlands-registered holding company and a Nigerian unit filed a case at the World Bank’s International Centre for Settlement of Investment Disputes on Feb. 10, according to the Washington-based organization’s website. Shell brought its claim against Africa’s biggest crude producer under the bilateral investment treaty between the governments of the Netherlands and Nigeria, it said. read more

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

    Nigerians win UK court OK to sue Shell over oil spills

    Feb 12th, 2021
    by John Donovan.
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    Nigerians win UK court OK to sue Shell over oil spills

    By Julia Payne, Kirstin Ridley: 4 MIN READ:

    LONDON (Reuters) – The UK Supreme Court on Friday allowed a group of 42,500 Nigerian farmers and fishermen to sue Royal Dutch Shell (RDS) in English courts after years of oil spills in the Niger Delta contaminated land and groundwater.

    Senior judges said there was an arguable case that UK-domiciled Shell, one of the world’s biggest energy companies, is responsible, in the latest test of whether multinationals can be held to account for the acts of overseas subsidiaries. read more

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

    Royal Dutch Shell can be sued by Nigerian communities, UK Supreme Court rules

    Feb 12th, 2021
    by John Donovan.
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    Royal Dutch Shell can be sued by Nigerian communities, UK Supreme Court rules

    Oliver Haill

    12:25 Fri 12 Feb 2021

    Two communities from the Niger Delta have brought the case because they say numerous oil spills over many years have contaminated their land and waterways

    The Supreme Court in London has today ruled that a group of thousands of farmers and fishermen in Nigeria can sue Royal Dutch Shell (LON:RDSB) in English courts over years of contamination from oil spills in the Niger Delta.

    Judges said the FTSE 100-listed oil supermajor has a common law duty of care for the activities of its Nigerian arm. read more

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

    Shell in Nigeria: Polluted communities ‘can sue in English courts’

    Feb 12th, 2021
    by John Donovan.
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    Shell in Nigeria: Polluted communities ‘can sue in English courts’

    12 FEBRUARY 2021

    The UK Supreme Court has ruled that polluted Nigerian communities can sue oil giant Shell in English courts.

    The decision is a victory for the communities after a five-year battle and overturns a Court of Appeal ruling.

    The Niger Delta communities of more than 40,000 people say decades of pollution have severely impacted their lives, health and local environment.

    Shell had argued it was only a holding company for a firm that should be judged under Nigerian law. read more

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

    Niger Delta oil spills: Dutch court rules Shell Nigeria responsible

    Feb 12th, 2021
    by John Donovan.
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    Niger Delta oil spills: Dutch court rules Shell Nigeria responsible

    Nigerian farmers have long complained of the poisoning of fish ponds and farmland.

    Friday 29 January 2021 13:26, UK

    Oil giant Shell’s Nigerian subsidiary is responsible for oil pipeline leaks in the Niger Delta, a Dutch appeals court has ruled.

    It was ordered to pay unspecified damages to farmers who have long complained of the poisoning of fish ponds and farmland.

    The decision – in a long-running legal dispute between Royal Dutch Shell (commonly known as Shell) and Nigerian farmers – could pave the way for more cases against the Anglo-Dutch energy company. read more

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

    Shell’s ‘Hard Look’ At Nigeria – All Bark No Bite

    Feb 9th, 2021
    by John Donovan.
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    Shell’s ‘Hard Look’ At Nigeria – All Bark No Bite

    Dilya Safine, CFA: Feb. 08, 2021 4:50 PM ET Royal Dutch Shell plc

    Summary

    • Shell’s comments on its Q4 call about “taking a hard look” at its onshore Nigeria assets prompted concerns that it might look to exit the region.
    • I estimate that its onshore Nigerian assets to be worth at least 6% of its stock price, as well as the backbone for its offshore and LNG expansions.
    • I believe that Shell’s comments are aimed at achieving more favorable terms for its other contract negotiations. More details at its Analyst Day.

    Q4 Earnings: Comments on Nigeria Raise Alarms

    On its 4Q’20 earnings call, Shell CEO Ben van Beurden called the company’s Nigerian assets a “headache” and said it is time to “take a hard look” at the company’s operations in the country. He cited frequent incidents of oil theft and operational challenges in the Niger Delta, blaming the leaks that his company had been forced to clean and compensate for on pipeline sabotage. These comments raised alarms that Shell (NYSE:RDS.A)(NYSE:RDS.B) might look to exit the country, and the stock fell as a result. RDS is expected to provide additional detail on its operations during its Strategy Day this week. However, I believe that the company is unlikely to halt its operations in the region, as it would have a material impact on its valuation and impact other areas of its business, as I explain below. read more

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

    Farmers win damages in major case against oil giant over ecological damage in the Niger Delta

    Jan 30th, 2021
    by John Donovan.
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    Farmers win damages in major case against oil giant over ecological damage in the Niger Delta

    By Bart H. Meijer

    AMSTERDAM, Jan 29 (Reuters) – A Dutch appeals court on Friday held Royal Dutch Shell’s Nigerian subsidiary responsible for multiple oil pipeline leaks in the Niger Delta and ordered it to pay unspecified damages to farmers, in a victory for environmentalists.

    The case was brought in 2008 by four farmers and environmental group Friends of the Earth, seeking reparations for lost income from contaminated land and waterways in the region, the heart of Nigeria’s oil industry. read more

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