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Posts on ‘September 21st, 2013’

Nigeria’s stolen oil is sold and laundered abroad – report

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* Billions of dollars in Nigerian oil stolen each year

* Stolen oil is sold on international markets

* One part of complex criminal web

* Money from theft laundered in global financial centres

Reuters – Thu, 19 Sep 2013 09:00 PM

By Joe Brock

ABUJA, Sept 19 (Reuters) – Stolen Nigerian oil worth billions of dollars is sold every year on international markets and much of the proceeds are laundered in world financial centres like Britain and the United States, a report said on Thursday.

An estimated 100,000 barrels per day (bpd) of oil was stolen from pipelines in the Niger Delta in the first quarter of this year, the report by London-based Chatham House said, not including the unknown quantities stolen from export terminals. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

It’s time to draw a line in the Arctic ice over oil and gas

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  Author: Tavis Potts, Senior Lecturer in Oceans Governance at Scottish Association for Marine Science: 20 Sept 2013

I have a great respect for National Geographic. I’m a card-carrying member with an annual subscription, and I appreciate the balance, depth and understanding they bring to revealing the links between the natural and human world.

So the latest issue had prepared me for a recent debate at the Royal Society in London which examined the question of the Science of Change in the Arctic. It painted a stark and disturbing picture of our planet’s future in terms of the impact of global sea level rise on coastal cities. It dramatically brought home the message that a fossil fuel-driven civilisation has profoundly altered the planet, which by 2070 will put some 150m people and US$35 trillion worth of assets in the world’s coastal cities at risk from flooding. Our desire for carbon intensive energy has raised sea level by 60mm since 1994 and the draft fifth IPCC report predicts a one metre rise by the end of the century. That is a lot of coast underwater. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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