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Posts on ‘December 18th, 2015’

Shell could face ‘tens of billions in damages’ over Nigeria spills

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Court rules Royal Dutch Shell can be held liable for oil spills at its subsidiary in Nigeria

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Screen Shot 2015-11-20 at 08.55.47By Reuters: 1:34PM GMT 18 Dec 2015

A Dutch appeals court has ruled that Royal Dutch Shell can be held liable for oil spills at its subsidiary in Nigeria, potentially opening the way for other compensation claims against the multinational.

Judges in The Hague ordered Shell to make available to the court documents that might shed light on the cause of the oil spills and whether leading managers were aware of them.

A lower Dutch court in 2013 had found that Shell’s Dutch-based parent company could not be held liable for leakages of oil at its Nigerian subsidiary. 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 court: Nigeria farmers can sue Shell in Netherlands

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Dutch court: Nigeria farmers can sue Shell in Netherlands

Screen Shot 2015-11-20 at 08.55.47[JURIST] The Hague Court of Appeals [official website] ruled Friday that the Royal Dutch Shell [corporate website] can be sued in a Dutch court for their involvement in oil leaks in Nigeria. The ruling [text, in Dutch] stems from a suit brought by four Nigerian farmers that claimed Shell and its Nigerian subsidiaries were responsible for oil leaks leading to their lands being damaged. In a statement explaining their reasoning for their decision, the Court of Appeals said, “It cannot be established in advance that the parent company is not liable for possible negligence of the Nigerian operating company.” 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 boss faces challenge as oil price fall threatens tie-up

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Guy Chazan: December 18, 2015

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FULL FT ARTICLE

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 contests Dutch ruling on Nigerian spills

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Screen Shot 2015-11-20 at 08.55.47By Daniel J. Graeber: Dec. 18, 2015

THE HAGUE, Netherlands, Dec. 18 (UPI) — Dutch supermajor Shell said it was disappointed that a national court in The Hague has assumed jurisdiction over claims tied to oil spills in Nigeria.

Nigerian farmers said Royal Dutch Shell and the Shell Petroleum Development Company of Nigeria are liable for damages caused by leaking oil pipelines during a three-year period ending in 2007. The parent company said it has no liability for the actions of its subsidiary and that the Dutch court system holds no authority over the case. 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 appeals court says Shell may be held liable for oil spills in Nigeria

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Nigerian farmers affected by oil pollution get green light to pursue case against Anglo–Dutch multinational as judges order release of key documents

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Friends of the Earth activists hold a banner supporting civil action taken by Nigerian farmers whose livelihoods were affected by leaking pipelines in the oil-rich Niger delta. Photograph: Peter Dejong/AP

Reuters: Friday 18 December 2015 13.33 GMT

A Dutch appeals court ruled on Friday that Royal Dutch Shell can be held liable for oil spills at its subsidiary in Nigeria, potentially opening the way for other compensation claims against the multinational.

Judges in The Hague ordered Shell to make available to the court documents that might shed light on the cause of the oil spills and whether leading managers were aware of them. 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 Bay Day in the Dock

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Ken Saro-Wiwa must be chuckling at this turn of events. In his last testament before his execution 20 years ago, Saro-Wiwa declared that Shell will one day be in the dock. Now, the presence of Shell in the dock is not only happening but will pick up speed.

December 18, 2015

The decision of the Appeal Court at The Hague on 18 December 2015 that the four farmers whose lands and creeks were damaged by Shell’s pollution can indeed sue the oil mogul in The Netherlands has come as refreshing news.

While this is a sweet step towards total victory, we are saddened that while the case drags on the polluted lands are yet to be remediated and the victims are still deprived of the use of their lands and creeks.

Shell’s oil spills in the Niger Delta are well known and the oil company’s claims that such spills are caused by third party interferences often ring hollow, if you know the real story. The history of the spin by Shell that oil spills from their facilities are caused by third parties has been on since the 1980s. Although there was a spike in such interferences between 2005 and 2009 due to armed responses in the region, much of the spills are still attributable to equipment failure or poor maintenance. 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 Nigeria oil spill lawsuit

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A Dutch judge has ruled that a court in the Netherlands should hear a case against Royal Dutch Shell brought by four Nigerian farmers.

The farmers and fishermen want Shell to clean up oil spills in four villages in the Niger Delta and pay compensation.

The latest ruling overturns a decision that was made two years ago by a lower court.

The oil giant said it was disappointed with decision made by appeals court judge Hans van der Klooster.

He ruled that Dutch courts had jurisdiction in the case against Shell and its Nigerian subsidiary. 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

Nigerian Farmers Cleared to Sue Shell in Dutch Court

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Screen Shot 2015-12-18 at 08.01.07By MIKE CORDER, ASSOCIATED PRESS: THE HAGUE, Netherlands — Dec 18, 2015

Nigerian farmers will have the chance to sue oil multinational Shell in a Dutch court for pollution they blame on leaking pipelines, a Dutch appeals court ruled Friday.

Activists said the ruling sets a landmark legal precedent that clears the way for Dutch-based companies to be sued for alleged negligence of their subsidiaries elsewhere in the world.

“There is now jurisprudence that means victims of human rights violations or pollution can sue Dutch multinationals in the Netherlands,” said Geert Ritsema of the Dutch arm of Friends of the Earth, the environmental group that is also involved in the case.

The case centers on a charge from four farmers that Shell and its Nigerian unit are liable for damages caused by leaks from two underground oil pipes from 2004-2007. Shell has argued that it has no liability in the case and that Dutch courts did not have jurisdiction. 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 court says Royal Dutch Shell can be liable for Nigeria spills

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Screen Shot 2015-12-18 at 08.01.07By Thomas Escritt: FRIDAY, 18 DEC 2015

THE HAGUE (Reuters) – A Dutch appeals court ruled on Friday that Royal Dutch Shell can be held liable for oil spills at its subsidiary in Nigeria, potentially opening the way for other compensation claims against the multinational.

Judges in The Hague ordered Shell to make available to the court documents that might shed light on the cause of the oil spills and whether leading managers were aware of them.

Friday’s ruling overturned a finding by a lower Dutch court in 2013 that Shell’s Dutch-based parent company could not be held liable for spills at its Nigerian subsidiary.

The legal dispute dates back to 2008 when four Nigerian farmers and campaign group Friends of the Earth filed suit against the oil company in the Netherlands, where its global headquarters is based. 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 Philippines says will exhaustively challenge 53.14 billion peso tax claim

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MANILA | BY NEIL JEROME MORALES: Fri Dec 18, 2015

The Philippine unit of Royal Dutch Shell (RDSa.L) will exhaust all legal means, including international arbitration, to challenge a 53.14 billion peso (£751.8 million) tax claim against its Malampaya natural gas project, a company official said on Friday.

Shell Philippines Exploration B.V, is the operator of Malampaya in the southwestern Philippines, along with partners, Chevron Malampaya LLC, a unit of the U.S. energy firm (CVX.N) and the Philippines’ state-owned PNOC Exploration Corp. 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

Offer by Royal Dutch Shell plc for BG Group plc

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LONDON, December 18, 2015 /PRNewswire/ —

ROYAL DUTCH SHELL PLC

RULE 2.10 ANNOUNCEMENT

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

Disclosure of total Royal Dutch Shell plc shares in issue pursuant to Rule 2.10

Royal Dutch Shell plc (NYSE: RDS.A) (NYSE: RDS.B) announces that it has today issued 49,040,564 A ordinary shares of €0.07 each in relation to the scrip dividend programme for the third quarter 2015 interim dividend. In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the “Code”), Royal Dutch Shell plc confirms that following this issue, it has the following relevant securities held and in issue outside treasury: 3,990,921,569 A ordinary shares of €0.07 each, with ISIN reference GB00B03MLX29; and 2,440,410,614 B ordinary shares of €0.07 each, with ISIN reference GB00B03MM408, each admitted to trading on the main market of the London Stock Exchange and on Euronext Amsterdam. The total number of Royal Dutch Shell plc A ordinary shares and B ordinary shares held and in issue outside treasury is 6,431,332,183. Royal Dutch Shell plc has A and B American Depositary Shares (“ADSs”) listed on the New York Stock Exchange. The Bank of New York Mellon acts as depositary. Each A ADS represents two A ordinary shares of €0.07 each and each B ADS represents two B ordinary shares of €0.07 each. The Royal Dutch Shell plc A ADSs have the trading symbol RDS.A and ISIN US7802592060 and the Royal Dutch Shell plc B ADSs have the trading symbol RDS.B and ISIN US7802591070. 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, Gazprom’s Russian LNG Venture Readying Export Boost Plans

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Screen Shot 2015-12-18 at 08.13.03By Stephen Stapczynski and Ichiro Suzuki: Bloomberg.com: Dec 18, 2015

Sakhalin Energy Investment Co., the only liquefied natural gas exporter in Russia, has agreed to begin design work on an expansion, the joint venture said Friday.

The partners — Gazprom PJSC, Royal Dutch Shell Plc, Mitsui & Co. and Mitsubishi Corp. — will add a third production unit at the Sakhalin-2 LNG export terminal to raise capacity by 4.8 million metric tons to 14.4 million metric tons a year, Miyuki Shiga, a Mitsui spokeswoman, said by phone. The design process will take about a year and the first cargo from the new unit is expected to ship early next decade, Shiga said. 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 court to rule on landmark Nigerian case against Shell

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Screen Shot 2015-12-18 at 08.01.07FRIDAY 18 DECEMBER 2015

A Dutch appeals court is to rule Friday whether the country’s tribunals can hear a landmark case for damages brought by four Nigerians against oil giant Shell.

The four farmers and fishermen, backed by the Dutch branch of environmental group Friends of the Earth, first filed the case in 2008 against the Anglo-Dutch company in a court case thousands of kilometres from their homes.

They want Shell to clean up devastating oil spills in four heavily-polluted villages in the west African country’s oil-rich Niger Delta, prevent further spills and pay compensation. 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 calls for tougher regulation of Dubai oil benchmark

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Screen Shot 2015-11-20 at 08.55.47HOUSTON/BENGALURU | BY LIZ HAMPTON AND ANKUSH SHARMA: Thu Dec 17, 2015

Royal Dutch Shell PLC on Thursday called for tougher regulation of the Dubai crude benchmark, the Middle East’s most important oil-pricing mechanism, after record trade volumes skewed prices.

Industry players have been calling on pricing agency Platts to review its Dubai assessment, saying record trading by Chinese state companies in August during the Market-on-Close process pushed liquidity to the limit and disrupted Dubai’s relationship with other global benchmarks. The Dubai marker sets the prices for more than 12 million barrels per day of Middle Eastern and Russian crude exports to Asia. 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 terminates contract for infamous drillship

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Grant Rowles: DECEMBER 18, 2015

Noble Corporation has announced that Shell has terminated the contract for the drillship Noble Discoverer.

In its latest fleet status report, Noble said that “Shell has terminated the rig’s contract for convenience” and has agreed to pay the remaining term at approximately 90 percent of the operating dayrate “adjusted for certain other items.”

Shell committed to a three-year deal in late February 2014 at $368,000 per day for the drillship to be used for its failed Arctic drilling campaign… 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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