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Posts on ‘July 15th, 2017’

Scottish SPCA sells investments in oil company Shell

Scotland’s largest animal welfare charity has announced that it has sold its investments in an oil company that tests products on animals.

The Scottish SPCA move came after it faced public criticism for holding a £600,000 stake in Royal Dutch Shell.

Shell has admitted experiments on animals including rabbits, rodents, birds and fish.

The Scottish SPCA said it had sold the shares following “a full review” of its investment portfolio.

The charity had argued that most of its shares in Shell had been donated by supporters – but did admit to buying some shares back in 2005.

Figures published on Shell’s website show the firm was involved with laboratory experiments on more than 100,000 animals in 2015.

Critics had accused the charity of dragging its feet on the issue, which was brought to its attention by journalists in November last year. read more

Appeals court says third-party companies are liable for compensation in offshore Shell drilling unit collision

Appeals court says third-party companies are liable for compensation in offshore Shell drilling unit collision

by Todd Barnett | Jul. 15, 2017, 8:00am

NEW ORLEANS — A federal appeals court recently ruled that two third-party companies involved in conducting an archaeological sonar survey near an offshore drilling unit in the Gulf of Mexico are not responsible for compensating the two companies found liable for the accident.

On June 21, the U.S. Court of Appeals for the Fifth Circuit affirmed a district court’s ruling that Integrity Fishers Inc. and Sea Eagle Fisheries Inc. are not responsible for compensating Tesla Offshore LLC and International Marine LLC, the parties found at fault in a collision that damaged a submerged mooring line attached to Shell Offshore’s Nautilus offshore drilling unit. read more

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