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Royal Dutch Shell News 22 March 2019: 5 Articles

Exxon Mobil Corp., Royal Dutch Shell, Chevron, Total and BP together have spent more than $1 billion on public relations since the Paris Agreement.

The world’s five largest publicly traded oil companies are increasing their investments in oil and gas, putting a combined $110 billion in new fossil-fuel production.

Meanwhile, those firms are projected to spend just $3.6 billion on low-carbon investments, such as biofuels and renewables, according to a new analysis that Influence Map, a British nonprofit that analyzes corporate influence on climate policy, derived from industry data and numbers buried in company disclosures.

The reckless disparity comes just months after the United Nations warned that the world must rapidly phase out fossil fuel use over the next decade or face catastrophic global warming of at least 2.7 degrees Fahrenheit. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

MOSOP Castigates Nigerian Government and Shell 

Ogoni Clean Up is Nigeria’s Ridiculous Image Laundering and Hypocritical Oil Resumption Programme read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

MOSOP Raises Alarm Over the Safety of the Ogoni People in Nigeria

The MOSOP President said the gradual militarization of Ogoniland only remind the Ogoni people of the evil Shell and  Nigeria have done to us in the past which led to the death of over 4,000 Ogonis.

MOSOP STATEMENT

The Movement for the Survival of the Ogoni People (MOSOP) says it is becoming increasingly clear that the Nigerian government is not bothered about the genocide against the Ogoni people in Nigeria.

Speaking in Bodo, Gokana local government area of Rivers State on Sunday, March 17, 2019, president of MOSOP, Fegalo Nsuke said the Nigerian government does not care about the poor living conditions in Ogoniland. He accused the Nigerian government of using the Ogoni cleanup program to deceive the people while their real intention is to resume oil production in the area without the consent of the Ogoni people. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Oil fat cat Shell CEO Ben van Beurden cashes in

Ben Van Beurden’s total pay package soared by 126% last year: Last year, over a quarter of Shell’s investors voted against Mr van Beurden’s pay at the energy giant’s annual meeting

The boss of oil and gas giant Royal Dutch Shell received a 126 per cent pay rise last year.

Chief executive Ben Van Beurden pocketed over £17million, including a long-term incentive plan linked sum of £12.8million, up from £7.6million, and a £2.5million bonus.

In its latest results, the group said: ‘As a consequence of the LTIP vesting in particular, the single figure of remuneration for the CEO is significantly higher this year than in previous years.’ read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Outrage over Shell CEO monster pay package

Shell’s CEO Ben van Beurden bows to Russian Leader Putin: Good Friday, 18 April 2014

Yesterday the Dutch newspaper Financieele Dagblad published a truly devastating article Shell gas leaks, fires and accidents about Shell playing fast and loose with the health and lives of its employees. Today there is mass coverage of the outrage over the £17m pay package awarded to Shell CEO Ben van Beurden. The revulsion also has to be seen against the damaging litigation engulfing the energy giant, including OPL 245 corruption charges and a related raid on Shell HQ involving BvB and his then CFO, Simon Henry. Both were embarrassed by a wiretapped conversation between them discussing obstructing the investigation and the revelation by BvB that Shell had hired hapless former MI6 “people” who had been cavalier with Shell’s OPL 245 secrets. Why is Shell rewarding such behaviour, which is completely at odds with Shell’s claimed business principles?  

Shell chief’s pay doubles to 143 times average UK employee’s

The chief executive of oil-company Shell saw his pay more than double last year to more than €20m (£17m). Ben van Beurden’s total salary in 2017, which was approximately €9m, prompted a shareholder revolt. The raise comes as the company increased its annual profits by almost $10bn and is largely down to long-term incentives kicking in. Dutchman Mr van Beurden’s pay is now 143 times larger than the average Shell employee in the UK. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell Annual Report 2018: CLIMATE CHANGE LITIGATION

Shell Annual Report 2018: CLIMATE CHANGE LITIGATION

CLIMATE CHANGE LITIGATION
In the USA, 12 lawsuits have been filed by several municipalities and one state against oil and gas companies, including Royal Dutch Shell plc. The plaintiffs seek damages for claimed harm to their public and private infrastructure from rising sea levels allegedly due to climate change caused by the defendants’ fossil fuel products. A similar suit has been filed by a crab fishing industry group claiming harm to their fisheries as a result of alleged ocean-related impacts of climate change. Management believes the outcome of these matters should be resolved in a manner favourable to Shell, however, there remains a high degree of uncertainty regarding the ultimate outcome of these lawsuits, as well as their potential effect on future operations, earnings, cash flows and Shell’s financial condition. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

OPL 245: Shell Annual Report 2018: NIGERIAN LITIGATION 

In February 2019, we were informed by the Dutch Public Prosecutor’s Office (DPP) that they are nearing the conclusion of their investigation and are preparing to prosecute Royal Dutch Shell plc for criminal charges directly or indirectly related to the 2011 settlement of disputes over OPL 245 in Nigeria. Investigations by authorities in other jurisdictions are ongoing.

Any violation of the US Foreign Corrupt Practices Act or other relevant anti-bribery, anti-corruption or anti-money laundering legislation could have a material adverse effect on Royal Dutch Shell plc’s earnings, cash flows and financial condition.

Shell Annual Report 2018: NIGERIAN LITIGATION

NIGERIAN LITIGATION
Shell subsidiaries and associates operating in Nigeria are parties to various environmental and contractual disputes brought in the courts of Nigeria, England and the Netherlands. These disputes are at different stages in litigation, including at the appellate stage, where judgements have been rendered against Shell entities. If taken at face value, the aggregate amount of these judgements could be seen as material. Management, however, believes that the outcomes of these matters will ultimately be resolved in a manner favourable to Shell. However, there remains a high degree of uncertainty regarding these cases, as well as their potential effect on future operations, earnings, cash flows and Shell’s financial condition. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

MOSOP Rejects Oil Resumption, NNPC/NPDC Take Over of Ogoni Oilfields

…peace-loving Ogoni citizens whose lives have been rendered miserable by years of state repression and environmental devastation from Shell’s long years of pollution.

MOSOP Rejects Oil Resumption, NNPC/NPDC Take Over of Ogoni Oilfields

Movement for the Survival of the Ogoni People (MOSOP) wishes to express its strong rejection of the directive by the Nigerian President for the NNPD/NPDC takeover of Ogoni oilfields and the resumption of oil production in Ogoni as reflected in a communication by the Chief of Staff to the President Abba Kyari.

Indeed, it is appalling that despite the severe impact this directive will have on the lives of the Ogoni people, this decision had been taken without consultations with the Ogoni people nor were our inputs sought in such a crucial issue that affect our lives. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Royal Dutch Shell News 12 March 2019: 4 Articles

Royal Dutch Shell News 12 March 2019:

4 Articles

FULL ARTICLE

FULL ARTICLE

|About: Royal Dutch Shell plc (RDS.A)By: , SA News Editor

Colombia’s government says it signed two offshore exploration and production contracts with Royal Dutch Shell (RDS.ARDS.B) that will require the company to make $100M in initial investments.

Shell’s investment could surpass $650M if exploration continues, according to the president of Colombia’s National Hydrocarbons Agency.

The government recently modified contractual terms for offshore exploration and launched a new process that allows companies to apply to explore in areas of interest, offering 20 blocks as part of a strategy to boost the oil sector. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Witness in Shell-Eni Nigeria Trial Withdraws Graft Accusations

By Kelly Gilblom, Sergio Di Pasquale and Chiara Albanese: 6 March 2019, 16:24 GMT

Richard Granier-Deferre testified in Milan Wednesday

Shell, Eni accused of participating in corrupt 2011 oil deal

A retired Swiss oil executive who previously said he had knowledge of illicit dealings over a Nigerian oil block involving Royal Dutch Shell Plc and Eni SpA reversed his statements at a trial in Milan Wednesday.

“I’ve never had contact with Shell,” ex-executive Richard Granier-Deferre said. “I’ve never had relations with people from Eni in my entire career.”

The trial centers on Oil Prospecting License 245, offshore Nigeria, which has snowballed into one of the largest scandals over alleged corruption in the industry’s history. Italian prosecutors are arguing that when Shell and Eni paid more than $1 billion to settle legal disputes over the block and acquire rights to develop it, much of that payment went into bribes and kickbacks. On Friday, Shell said it is also facing criminal charges in its home country of The Netherlands over the block. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell To Face Charges in the Netherlands For Nigerian Oil Deal

Both companies are also in court in London, where the Nigerian government is suing for more than $1 billion in an attempt to reclaim the money it says belongs to the Nigerian people.

Published: Monday, 04 March 2019

Royal Dutch Shell is to be prosecuted in the Netherlands over alleged corruption in a US$1.3 billion Nigerian oil deal, a case already standing trial in Italy.

Shell announced on Friday that the Dutch Public Prosecutor’s Office is preparing to prosecute “for criminal charges directly or indirectly related” to the deal. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Dutch Public Prosecution Service (OM) starts a criminal case against Shell for bribery in Nigeria

Justice invaded the Shell headquarters in The Hague three years ago. Last March, Shell itself filed a report against the Australian former director Peter Robinson, who may have been guilty of corruption in Nigeria. However, that case is about another oilfield.

English translation of an article published today in Dutch by nrc.nl

‘Dutch Public Prosecution Service (OM) starts a criminal case against Shell for bribery in Nigeria’

It is a $ 1.3 billion oil deal from 2011, according to Shell. Some of that money would have ended up with high officials.

Steven Musch: March 1, 2019 at 9:58

The Dutch Public Prosecution Service is going to prosecute oil company Shell for illegal activities in Nigeria, reports the oil company on its website.

The Public Prosecution confirms this but does not yet want to say whether and when a summons is issued.

The company has been informed by the judicial authorities that they are working on criminal prosecution and that the investigation has almost been completed. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

OPL 245: Shell CEO Ben van Beurden in the firing line

In September 2017, four foreign NGOs filed a declaration in the Netherlands against Shell, Van Beurden and three (former) directors. According to lawyer Barbara van Straaten of the law firm Prakken d’Oliveira, this declaration was added to the current investigation by the Public Prosecution Service.: Almost a year ago, Shell itself filed a statement against former director Peter Robinson. According to the group, the Australian would have been guilty of corruption in Nigeria. Robinson is one of the four former Shell employees who stand trial in Milan. Justice in the US and stock market watchdog SEC were also informed.

English translation of a Dutch article published today by ncr.nl

The question is: did Shell know that the money ended up with the politicians?

Corruption The bulk of the purchase price for the Nigerian oil field OPL 245 ended up in the pockets of politicians. Justice thinks it has enough evidence to prosecute Shell.

Hester van SantenErik van der Walle: 1 March 2019 at 1:00

Shell is being prosecuted in the Netherlands because of possible corruption in Nigeria. The oil and gas company announced on Friday morning that it has been informed about this by the Public Prosecution Service (OM). According to a spokesperson for the Public Prosecution Service, “offences” have been committed and there is “enough to prosecute”. The spokesman states that the investigation has almost been completed. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Dutch Prosecutor prepares to prosecute Shell for 2011 purchase of Nigerian oilfield

MARCH 1, 2019 / 7:22 AM

March 1 (Reuters) – Royal Dutch Shell Plc said on Friday it was informed by the Dutch Public Prosecutor’s Office that they were preparing to prosecute the oil major for criminal charges related to its 2011 purchase of a Nigerian oilfield.

Italy’s Eni SpA and Shell bought the OPL 245 offshore field for about $1.3 billion in a deal that spawned one of the industry’s largest corruption scandals. It is alleged that about $1.1 billion of the total was siphoned to agents and middlemen. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell’s Conduct in Ogoni is a Crime Against Humanity – MOSOP

By MOSOP Ogoniland

President of the Movement for the Survival of the Ogoni People (MOSOP), Fegalo Nsuke, has described the conduct of Shell Petroleum Development Company of Nigeria, a subsidiary of Royal Dutch Shell, in Ogoniland as a national shame and crime against humanity.

The MOSOP president Fegalo Nsuke made the assertion in K-Dere in Gokana local government area on Wednesday while conducting journalists around oil spill sites in the Ogoni.

Nsuke said in a country where citizens health and welfare were taken seriously, the oil mining license of Shell should have been withdrawn. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

OPL 245: London court rejects JP Morgan’s objection to lawsuits involving Shell/Eni

Malabu Oil deal: FG claims $1.975b against JP Mogan, Shell, Eni

…London court rejects JP Morgan’s objection to suit

by Eric Ikhilae, Abuja: February 22, 2019

As part of efforts to recover funds lost by the country through the controversial Malabu Oil deal, the Federal Government has initiated two suits against American bank, JP Morgan Chase and two multinational oil companies – Royal Dutch Shell Plc and Eni.

Salihu Isah, spokesman to the Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami (SAN) said, in a statement on Friday, that in the first of the two suits, now pending before the Commercial division of the High Court in London, the FG is claiming $875m against JP Morgan for allegedly allowing the misappropriation of state funds over the Oil Prospecting License, OPL 245. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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