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Posts on ‘December 15th, 2017’

Shell did not threaten to leave NL, executives tell MPs

December 15, 2017

Unilever and Shell did not directly threaten to move their head offices out of the Netherlands if the dividend tax was not abolished, senior officials told a parliamentary hearing on Friday, the Financieele Dagblad reported.

However, officials did make it clear they had warned about the possible consequences if the tax was not abolished, the paper said.

Both companies have split headquarter operations between the Netherlands and UK and are thought to have lobbied hard to get the new government to abolish the 15% tax.  The UK does not charge a tax on dividends. 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

1.6 million Bonga oil spill victims battle Shell in court

By Jimitota Onoyume: 14 Dec 2017

WARRI—No fewer than  1,686,000 victims of Bonga oil field spillage in Rivers State have  dragged oil giant, Shell Nigeria Exploration Company, SNEPCO, before a United Kingdom court over its alleged failure  to pay $3,600,191,206  as compensation to them and communities affected by the incident.

Director, Oil Spill Victims Vanguard, OSPIVV, Mr Harrison Jalla, who disclosed  this to newsmen in Warri,  Delta State, said he filed a pre-action notice at the TCC High Court of Justice in London  for the victims and  communities, noting that it was unfortunate that the oil giant had allegedly failed to cushion the pains suffered by victims of the spill. 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 stable on tighter market, but rising US output looms for 2018

BY HENNING GLOYSTEIN: DECEMBER 15, 2017

* OPEC-led supply cuts, Forties pipeline outage support crude

* But rising U.S. output, driven by shale, weighs on market

SINGAPORE, Dec 15 (Reuters) – Oil markets were stable on Friday as the Forties pipeline outage in the North Sea and the ongoing OPEC-led production cuts supported prices, while rising output from the United States kept crude from rising further.

U.S. West Texas Intermediate (WTI) crude futures were at $57.13 a barrel at 0119 GMT, up 9 cents from their last settlement. 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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