FAMILY members of three Nigerian Ogoni minority activists executed in 1995 say they have been excluded from a $A19.5 million settlement reached with Royal Dutch Shell.
June 17th, 2009:
‘Exclusive’ Shell deal challenged in Nigeria
Exxon taking more active role in NAM joint venture company with Shell?
By John Donovan
Historically Exxon have kept very quiet about their involvement in the Dutch company Nederlandse Aardolie Maatschappij (NAM) which operates the Groningen (Slochteren) natural gas field in The Netherlands.
The average Dutchman thinks that NAM is a government entity rather than a 50/50 joint venture between the two oil giants Royal Dutch Shell Plc and ExxonMobil Corp. So the comments of Exxon Chief Executive Rex Tillerson reported in a Bloomberg article today, suggest there may be significant changes underway in the operation of NAM.
Exxon Set to Tap Enormous Slochteren Field for 50 More Years
Exxon operates the field with Royal Dutch Shell Plc, Europes biggest oil company, through Nederlandse Aardolie Maatschappij.
Shell Says Nigerian Exports Will Be Disrupted for a Fifth Month
Bloomberg.com
By Dulue Mbachu and Alex Kwiatkowski
June 17 (Bloomberg) — Royal Dutch Shell Plc told customers that Nigerian shipments will be disrupted for a fifth month in July as violence escalates in Africas largest oil producer.
Shell suspended export obligations on crude exports from the Forcados terminal inNigeria to cover the remaining loading program for June and July, company spokesman Precious Okolobo said by phone from Lagos today.
A government offensive against armed groups since May has resulted in intense fighting in the western part of the oil- producing Niger delta region, where the Forcados terminal is located. Militant attacks have cut Nigerias oil exports by more than 20 percent since 2006.
Gazprom sees Sakhalin LNG exports at 5 mln T
Gazprom's export chief Alexander Medvedev told a news conference Sakhalin-2, which also involves Royal Dutch Shell and Japan's Mitsui and Mitsubishi, would reach target capacity of 9.6 million tonnes next year.
Shell’s “humanitarian” gesture in settling out of court is entirely self-serving – Kate Allen, Director, Amnesty International UK
All of this could have been avoided had the oil companies been held properly accountable for decades of adverse impacts on human rights.
Exxon Chief Says Oils Advance Reflects Weak Dollar
Tillerson was in The Netherland to attend the 50-year anniversary of the discovery of the Slochteren gas field. Exxon Mobil operates the field with Royal Dutch Shell Plc, Europes biggest oil company. The site has generated more than 160 billion euros ($221 billion) in revenue for the Dutch state, according to Maria van der Hoeven, the minister of Economic Affairs.