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Nigerian court blocks Shell’s accounts over alleged oil theft

Nigerian court blocks Shell’s accounts over alleged oil theft

By Ben Ezeamalu: February 17, 2021

The Federal High Court in Lagos has granted an interim Mareva injunction directing commercial banks to block Shell Petroleum Development Company of Nigeria Ltd accounts.

A Mareva injunction is a court order freezing a party’s assets, until the determination of a case they are involved in, to stop them from taking it abroad.

The order was in a bid to recover the cash equivalent of more than 16 million barrels of crude oil allegedly diverted by the oil giant from AITEO Eastern E & P Company Ltd. read more

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U.K. High Court Says Nigerians Can Sue Shell in Britain Over Oil Spills

U.K. High Court Says Nigerians Can Sue Shell in Britain Over Oil Spills

The Dutch energy company has a presence in Britain, and a judge ruled there was “a real issue to be tried.”

Stanley Reed

: Feb. 12, 2021

LONDON — Britain’s Supreme Court said Friday that a group of about 50,000 Nigerian farmers and fishermen could bring a case in London’s High Court against Royal Dutch Shell over years of oil spills in the Niger Delta that have polluted their land, wells and waterways.

The judges said there was the potential that a parent company like Shell, which has its headquarters in the Netherlands but a large British presence, has responsibility for the activities of subsidiaries like the Shell Petroleum Development Company of Nigeria, which operates in the delta region. read more

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Nigerians Can Sue Shell in U.K. Over Spills, Top Court Says

Nigerians Can Sue Shell in U.K. Over Spills, Top Court Says

Bloomberg News: William Clowes: Publishing date: Feb 12, 2021

(Bloomberg) — Thousands of Nigerians can sue Royal Dutch Shell Plc in London over environmental damage in the West African nation, the U.K.’s top court said.

The Supreme Court on Friday reversed two earlier rulings that blocked the case from being heard in England. The decision could pave the way for similar claims from the developing world against British companies.

The ruling is the second legal setback for Shell, headquartered in The Hague, in recent weeks after a Dutch court ordered the company’s Nigerian subsidiary to pay compensation for spills that occurred more than 13 years ago. The prospect of more lawsuits in Europe comes at a bad time for the company as it outlines its plans to transition to cleaner energy.The residents of fishing and farming communities in the crude-rich Niger Delta region say oil spills from pipelines operated by Shell’s local unit have destroyed their land and livelihoods. More than five years after filing their lawsuit, the roughly 42,000 individuals represented will be allowed a trial where they can try to persuade a U.K. court to order the energy giant to pay compensation and clean up the pollution.

Force Rethink?

The decision may force other U.K. multinationals to rethink how they operate abroad, says lawyer Rick Munro. read more

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Shell May Re-evaluate Oil Operations Onshore Nigeria

Shell May Re-evaluate Oil Operations Onshore Nigeria

By Charles Kennedy – Feb 05, 2021, 1:30 PM CST

Persistent issues with theft and sabotage in the Niger Delta could prompt Shell to take a hard look at its operations onshore Nigeria, the supermajor’s chief executive Ben van Beurden said this week.

“Our onshore oil position, despite all the efforts we put in against theft and sabotage, is under challenge,” van Beurden told reporters, as carried by Reuters, after Shell reported another set of weak Big Oil results affected by the pandemic. read more

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Court orders Shell to pay Nigeria farmers for oil pollution

Court orders Shell to pay Nigeria farmers for oil pollution

The appellate court in the Netherlands ruled Friday that Shell’s claims of sabotage along the Nigerian pipeline are not supported by evidence.  By Clyde Hughes: WORLD NEWS: JAN. 29, 2021 / 8:03 AM Jan. 29 (UPI) — A Dutch court ruled on Friday that oil company Royal Dutch Shell must compensate farmers in Nigeria for oil spills that occurred years ago.
The Court of Appeals ruled that Shell’s Nigerian branch must pay for spills in the Niger River Delta between 2004 and 2007, which spurred a civil case from four farmers that lasted for years.

The farmers sought compensation and cleanup over pollution that resulted from leaky oil pipelines.

The appellate court said Friday that Shell is liable for damages and also must install new equipment to prevent future problems.

“Oil supply in the leaky pipe could have been shut down earlier if a leak detection system had been present,” the Court of Appeals wrote.

The amount Shell must pay to the farmers will be determined at a later hearing. read more

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Dutch appeals court rules Shell Nigeria unit responsible for oil leaks

Dutch appeals court rules Shell Nigeria unit responsible for oil leaks

Reuters Staff: JANUARY 2021/ 10:32 

AMSTERDAM, Jan 29 (Reuters) – A Dutch appeals court on Friday said that the Nigerian subsidiary of Royal Dutch Shell was responsible for oil pipeline leaks in the Niger Delta and ordered it to pay unspecified damages farmers.

The decision went a step further than a 2013 ruling by a lower court, saying that Shell’s Nigerian subsidiary was responsible for multiple cases of oil pollution.

Reporting by Anthony Deutsch; editing by Jason Neely read more

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Shell Is Back in Court for Nigeria Oil Spills Liability Ruling

Shell Is Back in Court for Nigeria Oil Spills Liability Ruling

Bloomberg News: Laura Hurst and Diederik Baazil: Jan 29, 2021

(Bloomberg) — Royal Dutch Shell Plc faces the latest ruling in a long-running legal dispute with Nigerian farmers who say the energy giant is responsible for oil leaks that have polluted their villages.

The case is the first in which a company and its foreign subsidiary have been tried in the Netherlands for allegedly breaching duty of care abroad, and it could have far-reaching implications for future suits brought against oil firms. read more

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Shell Nigeria oil site seized over unpaid damages

Shell Nigeria oil site seized over unpaid damages

Dec. 24, 2020 10:57 AM ET Royal Dutch Shell plc (RDS.A)By: Carl SurranSA News Editor

  • An oil site operated by Royal Dutch Shell’s (RDS.ARDS.B) Nigerian unit has been seized by a state government in a dispute over an oil spill that occurred decades ago.
  • The government of Rivers state in the Niger Delta sealed off the Kidney Island base located in the Port Harcourt oil hub, saying the facility and Shell’s 30% stake in nearby Oil Mining Lease 11 were “lawfully purchased through public auction ordered by the court.”
  • Shell says the state government’s statement is “premature and prejudicial,” as the transfer of the oil license requires the approval of Nigeria’s federal minister of petroleum resources, which has not been granted.
  • Shell has been involved in a long-running legal battle with a local community in Rivers state which has successfully sued the company for millions of dollars in damages for allegedly polluting its land during a civil war in the late 1960s.
  • Nigeria’s federal government also has been involved in a dispute with Shell over damages related to alleged corruption linked to the company’s 2011 purchase of the OPL 245 offshore oilfield.
  • 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.

    Shell climate lawsuit: Dutch activists push courts for steeper emissions cuts

    Shell climate lawsuit: Dutch activists push courts for steeper emissions cuts

    Companies that make money selling coal, oil and gas could be held more accountable if judges in the Hague order fossil fuel giant Shell to cut its emissions.

    Backed by 17,000 Dutch citizens, climate activists are wrestling fossil fuel giant Royal Dutch Shell in court over its responsibility to cut emissions to levels that comply with global treaties.

    On the last of four days of hearings in the District Court of the Hague, seven environmental groups led by Friends of the Earth Netherlands pressed the court to force the oil major to commit to the Paris Agreement target of keeping warming to 1.5C. This would mean cutting net carbon emissions by 45% from today’s levels in a decade, the campaigners say, at a time where Shell is still investing heavily in fossil fuels. 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.

    Shell Nigeria Employees Vandalize Oil Pipelines

    Shell Nigeria Employees Vandalize Oil Pipelines

    By Charles Kennedy – Dec 10, 2020, 9:30 AM CST

    Employees of Shell’s Nigeria subsidiary SPDC ordered the deliberate vandalization of oil pipelines to profit from them, according to a Dutch TV documentary, done in partnership with environmentalist organization Milieudefensie.

    Aljazeera reports that the program, to be aired today, cites witnesses who said pipeline leaks were caused by SPDC employees.

    “According to sources, Shell employees profit from these intentional oil leaks by pocketing money from clean up budgets,” the program, Zembla, said. 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.

    Malabu: Eni gets green light to subpoena companies over Nigerian litigation arrangement

    Malabu: Eni gets green light to subpoena companies over Nigerian litigation arrangement

    The Malabu scandal involves the transfer of about $1.1 billion by oil multinationals, Shell and ENI, through the Nigerian government to accounts controlled by a former Nigerian oil minister, Dan Etete.

    By Oladeinde Olawoyin: December 8, 2020

    Italian oil giant, Eni S.P.A, has been granted approval to subpoena asset recovery and litigation finance companies that it accused of being involved in a shady deal to fund litigation relating to Nigeria’s OPL 245 scandal in Italy. 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.

    Communities in oil-rich Niger Delta pin hopes on Shell climate case

    Communities in oil-rich Niger Delta pin hopes on Shell climate case

    DAKAR, Dec 1 (Thomson Reuters Foundation) – As a legal case over energy giant Shell’s planet-heating emissions kicked off in the Netherlands, activists said the health and livelihoods of people in Nigeria’s oil-producing region would hinge on its outcome.

    Royal Dutch Shell faced its first court hearing on Tuesday in a lawsuit brought by environmental and human rights groups in The Hague, the company’s headquarters. read more

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    Multinationals Seem Too Big For Accountability. Switzerland May Change That

    Amnesty International has been challenging Shell for decades about the devastating impact that pollution and environmental damage, associated with the company’s operation, have had on the human rights of people in the Niger Delta, Nigeria. Shell has, however, tried to delegate its responsibility for the damage to its Nigerian subsidiary, SPDC, making it more difficult even for victims to seek justice. Today, there is a case pending in the UK which seeks to hold the company accountable.

    Multinationals Seem Too Big For Accountability. Switzerland May Change That read more

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    OPL 245: Nigeria hires London-based firm to lead dispute with Eni

    OPL 245: Nigeria hires London-based firm to lead dispute with Eni

    Nigeria has hired the services of Franklin Wyatt, a London-based consultancy company, to provide legal advice in a dispute with Eni, an Italian oil and gas company.

    Franklin Wyatt, according to information on its website, specialises in dispute consultancy by providing advise beyond legal perspectives.

    There is an age-long dispute between Eni and Nigeria over oil prospecting licence (OPL) 245 deal.

    The oil deal dates back to 2011, when Shell and Eni acquired the massively rich OPL 245 for over $1.3 billion — paying $1.1 billion to take over 100 percent of Malabu’s interest and $210 million to the federal government as signature bonus. 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.

    Nigeria Government Lawyer Accuses Jonathan, Adoke And Diezani Of Receiving Bribes To Facilitate Malabu Deal

    Nigeria Government Lawyer Accuses Jonathan, Adoke And Diezani Of Receiving Bribes To Facilitate Malabu Deal

    He informed the court that Nigeria wanted to take action because of this fact, which it considers to be of very serious prejudice to the nation.

    BY SAHARA REPORTERS, NEW YORK: SEP 10, 2020

    The lawyer representing Nigeria at the ongoing trial of the Malabu OPL245 scandal, Lucio Lucia, has indicted ex-President Goodluck Jonathan, at the hearing of the case in Milan court on Wednesday. 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.

    Malabu Oil Deal: Canadian judge dismisses suit challenging Nigeria’s grounding of Etete’s jet

    Malabu Oil Deal: Canadian judge dismisses suit challenging Nigeria’s grounding of Etete’s jet

    A Canadian judge on Thursday dismissed an application seeking leave to appeal the judgement that confirmed the grounding of a luxury private jet purchased by a former Nigerian oil minister, Dan Etete, with some of the alleged proceeds of the controversial $1.3 billion Malabu OPL245 oil deal.

    The suit was filed before the court by Tibit Limited, an anonymously owned company incorporated in the British Virgin Islands (BVI), claiming ownership of the jet. 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.

    How Nigeria’s AGF Malami Indicted Predecessor Adoke In OPL 245 Scam While Testifying In London

    How Nigeria’s AGF Malami Indicted Predecessor Adoke In OPL 245 Scam While Testifying In London

    Malami, while testifying, said Adoke accompanied P&ID in making Nigeria lose the case. He also accused Adoke to have received a bribe of more than $800,000.

    BY SAHARA REPORTERS, NEW YORK JUL 30, 2020

    Nigeria’s Attorney-General and Minister of Justice, Abubakar Malami, has made egregious corruption claims against his predecessor, Mohammed Bello Adoke, while testifying for Nigeria in the ongoing P&ID case. 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.

    OPL 245: International transparency groups raise 25 questions

    International transparency groups raise 25 questions for AGF Malami on OPL 245 contracts

    Four civil society groups who have been monitoring the OPL 245 scandal have raised 25 questions for Nigeria’s justice minister, Abubakar Malami, on the handling of the assets recovered in relation to the oil block.

    The groups include Corner House, Global Witness and Re:Common – all European transparency organisations – and the Human and Environmental Development Agenda (HEDA), a Nigerian anti-corruption group. 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.

    OPL 245: Nigeria’s anti-corruption fight may suffer setback

    Magu: International groups write Buhari, say Nigeria’s anti-corruption fight may suffer setback

    Prominent international groups involved in anti-corruption efforts globally have written to President Muhammadu Buhari on what they consider the unfortunate treatment of Ibrahim Magu.

    PREMIUM TIMES reported the arrest of Mr Magu, acting chairman of Nigeria’s anti-graft agency, EFCC, on Monday.

    He has been detained since then as he continues to appear before a panel probing allegations of corruption and insubordination against him. The allegations were made by the Attorney-General of the Federation, Abubakar Malami. 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.

    OPL 245:EFCC arraigns Malabu oil, 6 others over alleged $1bn fraud

    OPL 245:EFCC arraigns Malabu oil, 6 others over alleged $1bn fraud

    1 July 2020

    By Ikechukwu Nnochiri ABUJA — The Economic and Financial Crimes Commission, EFCC, on Wednesday, arraigned Malabu Oil & Gas Limited, six other companies and an oil tycoon, Aliyu Abubakar before the Federal High Court on a 48-count fraud charge.

    The Defendants were docked over their involvement in alleged fraudulent transfer of controversial OPL 245, considered as one of the richest oil blocks in Africa.

    Other defendants in the charge marked FHC/ABJ/CR/268/2016, are A-Group Construction Company Limited, Rocky Top Resources Limited, Mega-Tech Engineering Limited, Novel Properties and Development Company Limited, and Carlin International Nigeria Limited. 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.

    OPL 245: Fresh Charges Against Malabu Oil and Gas Limited

    EFCC drops Adoke from key OPL 245 case, files fresh charges against Malabu

    The Economic and Financial Crimes Commission (EFCC) has arraigned Malabu Oil and Gas Limited on fresh charges of money laundering in the OPL 245 deal of 2011.

    July 02, 2020

    Malabu, alongside Aliyu Abubakar, a businessman, and six other companies were arraigned on a 48-count charge before Iyang Ekwo, judge of a federal high court in Abuja.

    The companies listed in the charge are: A-Group Construction Company Limited, Rocky Top Resources Limited, Mega Tech Engineering Limited, Novel Properties and Development Company Limited, and Carlin International Nigeria Limited. 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.

    Shell faces UK supreme court case over Niger delta pollution

    The fossil fuel company Shell must be held accountable for significant and systematic pollution caused by oil extraction in the Niger delta, lawyers will argue in the supreme court.

    Nigerians from the Ogale and Bille communities say they have suffered decades of pollution, including the contamination of their water wells with potentially cancer-causing chemicals, as well as the devastation of mangrove vegetation, all of which was documented by the UN in a groundbreaking report in 2011.

    The United Nations environment programme (UNEP) said in its report it could take 30 years to clean up the pollution caused by oil extraction and recommended an initial fund of $1bn (£800m) for the first five years to be paid by the oil companies that operate in Ogoniland – including the largest company, Shell. 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.

    Okpabi and others (Appellants) v Royal Dutch Shell Plc and another (Respondents)

    Okpabi and others (Appellants) v Royal Dutch Shell Plc and another (Respondents)

    Case ID: UKSC 2018/0068

    Issue(s)

    Whether and in what circumstances the UK-domiciled parent company of a multi-national group of companies may owe a common law duty of care to individuals who allegedly suffer serious harm as a result of alleged systemic health, safety and environmental failings of one of its overseas subsidiaries as the operator of a joint venture operation.

    Facts

    The Appellants (some 42,500 people) are citizens of Nigeria and inhabitants of the areas allegedly affected by oil leaks from pipelines and associated infrastructure, that SPDC operates on behalf of an unincorporated joint venture in which numerous participating interests are held, in and around the Niger Delta. The leaks are said to have impacted their lives, health and local environment. They contend that the Respondents are responsible. Royal Dutch Shell Plc (‘RDS’) is the parent company of the Shell group of companies, incorporated in the UK. The Shell Petroleum Company of Nigeria Limited (‘SPDC’, the other Respondent) is an exploration and production company incorporated in Nigeria and is a subsidiary of RDS. The claims against RDS and SPDC are based on the tort of negligence under the common law of Nigeria which, for present purposes, is to be regarded as the same as the law of England and Wales. The claim against RDS is brought on the basis that RDS owed the claimants a duty of care either because it exercised significant control over material aspects of SPDC’s operations and/or assumed responsibility for SPDC’s operations. RDS applied under CPR Part 11(1) for orders declaring that the court had no jurisdiction to try the claims against it, or should not exercise such jurisdiction as it had. At first instance Fraser J held that there was no arguable case that RDS owed the Appellants a duty of care. The Appellants appealed to the CA against the judgment and Order of Fraser J. The CA upheld the decision of Fraser J. The Supreme Court has since clarified the law in this area, including by reference to the CA’s decision in this case, in Vedanta Resources PLC and another (Appellants) v Lungowe and others (Respondents) [2019] UKSC 20. 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.

    OPL 245: How Italian Prosecutors Hid Vital Information from Judge

    OPL 245: How Italian Prosecutors Hid Vital Information from Judge

    By Davidson Iriekpen:

    Facts have emerged that the lead Italian prosecutor in the criminal case involving Shell and ENI over the OPL 245 affair, Dr. Fabio De Pasquale, concealed a significant material fact from the Milanese court concerning the former Attorney-General of the Federation (AGF) and Minister of Justice, Mr. Mohammed Bello Adoke, THISDAY has learnt.

    In the transcripts of the hearing with Criminal Proceeding No. 54772/13 RGNR, the prosecution witness, Ferri Alessandro, had told the court that Adoke owned the property at No. 271, Cadastral Zone A06 Maitama, Abuja, for which he had collected a mortgage of N300 million from Unity Bank in 2011. 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.

    Malabu Oil Block: ex-minister Orubebe’s wife quizzed over N360m deals

    Malabu Oil Block: ex-minister Orubebe’s wife quizzed over N360m deals

    MAY 15, 2020

    From Yusuf Alli, Abuja

    Former Niger Delta Affairs Minister Godsday Orubebe’s wife Maureen, has been grilled by the Economic and Financial Crimes Commission (EFCC) over a N500 million deal linked to the $1.092 billion Malabu Oil Block scandal.

    Mrs. Orubebe is also being investigated for alleged money laundering.

    She was alleged to have bought three assets from the company of one of the suspects on trial over the Malabu Oil Block Settlement Agreement.

    The assets were alleged to be part of those which over $523 million (out of $1.06b) was used for. 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.

    Shell poised for investment in Nigeria LNG venture

    Shell poised for investment in Nigeria LNG venture

    |About: Royal Dutch Shell plc (RDS.A)|By: , SA News Editor

    Royal Dutch Shell (RDS.A, RDS.B) says all conditions have been met for the final investment decision on a new liquefied natural gas processing unit at Nigeria LNG, including a formal commitment from the groups expected to provide financing for the project.

    Nigeria LNG is a joint venture, with 49% owned by Nigerian National Petroleum, 26% by Shell, 15% by Total (NYSE:TOT) and 10% by Eni (NYSE:E).

    Once operational, the new unit Train 7 will add 8M metric tons/year of capacity to the Bonny Island facility, taking the total to ~30M mt/year. 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.

    SEC drops inquiry into Shell-Eni OPL 245 deal, companies say

    |About: Royal Dutch Shell plc (RDS.A)|By: , SA News Editor

  • Royal Dutch Shell (RDS.A +0.9%) and Eni (E -0.8%) say the U.S. Securities and Exchange Commission has dropped its inquiry into their 2011 acquisition of the OPL 245 oil block offshore Nigeria.
  • The two companies are still on trial in Italy over allegations they bought OPL 245 knowing most of the $1.3B price would go to agents and middlemen in bribes.
  • Separately, Eni says CEO Claudio Descalzi and all senior managers will defer the collection of half of their 2020 long-term incentive plans until 2021, part of the company’s measures to reduce investment and operating costs.
  • For Descalzi, the deferral is equivalent to €735K, 15% of his total remuneration or 46% of his fixed remuneration.
  • Also, an agreement between Eni, Spanish gas firm Naturgy Energy and the Egyptian government to resolve a series of disputes over a shuttered gas plant in northern Egypt reportedly has fallen through.
  • The deal had been due to end Naturgy’s business interests in Egypt and dissolve a joint venture between Naturgy and Eni, while Eni and some Egyptian firms would have increased their holdings in the Damietta plant.        SOURCE
  • 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.

    Nigeria: Court Garnishees First Bank Account With CBN Over Judgment Debt of N182.7 Billion

    The humongous amount represents the punitive measures slammed on Shell Petroleum Development Company (SPDC) Limited for devastating the community and its environs and ecosystem with oil spillage.

    By Akin Akinwale: 8 March 2020

    Justice Inyang Ekwo of the Federal High Court, Abuja, has made a garnishee order compelling the Central Bank of Nigeria (CBN) to pay the people of Ejama Community in Eleme Local Government Area of Rivers State a total sum of N182.7 billion. The amount is to be deducted from the account of First Bank of Nigeria Plc. in the custody of the CBN.

    Lawyers to Ejama community told THISDAY last night they have since served the CBN the garnishee order absolute.

    The humongous amount represents the punitive measures slammed on Shell Petroleum Development Company (SPDC) Limited for devastating the community and its environs and ecosystem with oil spillage. 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.

    Somalia agrees offshore oil exploration roadmap with Shell/Exxon: minister

    MARCH 2, 2020 / 5:02 PM

    CAPE TOWN (Reuters) – Somalia has agreed an initial roadmap with a Shell/Exxon joint venture to explore and develop potential offshore oil and gas reserves, the Ministry of Petroleum and Mineral Resources said on Monday.

    “I am delighted we have agreed an initial roadmap with the Shell/Exxon joint venture. This gives us confidence in (the)ability to further explore any offshore hydrocarbon potential,” minister Abdirashid Mohamed Ahmed said in a statement. 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.

    Malabu Oil deal: EFCC seeks arrest warrant to extradite ex-Minister Etete, others

    JANUARY 29, 2020

    Yusuf Alli, Managing Editor, Abuja

    THE Economic and Financial Crimes Commission (EFCC) has asked the High Court of the Federal Capital Territory for a warrant of arrest to enable it extradite a former Minister of Petroleum Resources, Dauzia Loya (Dan) Etete and two others.

    The others are Munamuna Seidougha and Amaran Joseph.

    The anti-graft agency has preferred charges against the three suspects before the High Court over the $1.09billion Malabu Oil Block (OPL 245) Settlement Agreement.

    The EFCC alleged that Rasky Gbinigie, Munamuna Seidougha (at large), Amaran Joseph sometime in 2013, in Abuja “dishonestly used as genuine the forged form CAC 7 and Board Resolution of Malabu Oil and Gas Limited and the letter of resignation of one Mohammed Sani, which they then knew to be forged documents, to open a bank account No. 2018288005 to receive $401,540,000.00 . read more

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    $1.06b Malabu oil block: Govt, EFCC, Interpol in row over Adoke

    December 8, 2019

    THE International Police (INTERPOL) has rejected the request of former Attorney-General and Minister of Justice Mohammed Bello Adoke for release from its custody in Abu Dhabi, United Arab Emirates (UAE).

    It said it could not grant the request because it deals with states and not individuals. Adoke’s lawyers wrote the INTERPOL, seeking his release based on what they called the vacation, on October 25, of the warrant of arrest issued against him by Justice Danlami Senchi of the Federal Capital Territory (FCT) High Court in Abuja. read more

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    Shell To Challenge Damages Award Made In Nigeria After 1969 Oil Spill

    (Alliance News) – Royal Dutch Shell PLC is mounting an appeal after a judge in Nigeria made a GBP33 million damages award following an oil pipeline rupture half a century ago.

    Bosses are preparing to challenge the 2010 ruling, made after a hearing in the Federal Court of Nigeria, in the Nigerian Supreme Court.

    Detail of the appeal was outlined on Thursday in a ruling by a judge who considered issues in the case at a High Court hearing in London.

    Judge Jason Coppel heard that a lesser ranking judge in London had earlier this year “registered” the Nigerian ruling in England. read more

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    Shell Foundation and FMO launch SSA-focused energy fund

    Shell Foundation and FMO launch SSA-focused energy fund

    ANNA LYUDVIG: DEC. 5, 2019, 3:22 P.M. Shell Foundation, a UK-registered charity, together with FMO, the Dutch entrepreneurial development bank, have launched the $120m Energy Entrepreneurs Growth Fund (EEGF), with an initial close of $45m.

    The fund will provide catalytic financing to early to growth stage companies in Sub-Saharan Africa (SSA) operating in the access to energy ecosystem.

    Sam Parker, Director, Shell Foundation, said: “The EEGF will help to bridge the funding gap which today prevents early stage, growing energy companies from accessing the range of risk capital and business support they need to develop to the next stage and ultimately attract commercial capital.”

    “To reach the UN Sustainable Development Goal 7 and deliver universal energy access, an additional 300+ companies will require funding of $10m on average to become cashflow positive and grow to sufficient scale to deliver energy services to millions of consumers in sub-Saharan Africa,” he added. read more

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    The Nigerian Activist Whose Death Shamed Shell

    USE BROWSER TO ENLARGE IMAGE

    SHELL RELATED EXTRACTS FROM AN ARTICLE BY JACOBIN PUBLISHED UNDER THE HEADLINE “THE NIGERIAN ACTIVIST WHOSE DEATH SHAMED SHELL”

    AN INTERVIEW WITH ROY DORON / TOYIN FALOLA: 10 NOV 2019

    Twenty-four years ago today, environmental activist Ken Saro-Wiwa was executed by the Nigerian state. His death brought international attention to the rapacious behavior of oil companies like Shell — and their complicity in the most violent forms of repression.

    Born in 1941, Ken Saro-Wiwa came of age as Nigeria gained independence and became a lifelong advocate for the importance of minority rights within a unified national identity. A member of the Ogoni ethnic group, who at only half a million hold little sway in a country of two hundred million, Saro-Wiwa was central to mobilizing a popular movement that demanded accountability for companies like Shell that were extracting oil in the creeks of the Niger Delta. read more

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    Q & A with famed litigant Esther Kiobel suing Shell for alleged complicity in the murder of her husband

    Use browser to enlarge image

    Q & A WITH ESTHER KIOBEL (The lead plaintiff in litigation by four Ogoni 9 widows currently suing Shell in the Dutch courts for alleged complicity in the murder of their husbands and other alleged crimes and abuses of human rights in Nigeria.)

    1) Twenty-four years ago, your husband was one of the Ogoni nine executed by Abacha. How have you and the family been coping?

    HMMMMMM! WE LIVE BY THE GRACE OF GOD THAT STRENGTHENS US.

    2) What exactly was your husband’s offence?

    MY HUSBAND’S OFFENSE WAS HIS REFUSAL TO BETRAY HIS PEOPLE IN AN EXECUTIVE MEETING AT GOVERNMENT HOUSE. THEY SAID ON FALSE CHARGES THAT HE, MITEE, AND KEN SARO WIWA CONSPIRED TO KILL THE FOUR PROMINENT OGONIS WHO WERE HAVING MEETING AT GIOKOO. JUST FALSE ALLEGATION TO GET THEM KILLED FOR NO JUST CAUSE. read more

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    Shell Takes 20% Stake in Indian Solar Firm Orb Energy

    Shell Takes 20% Stake in Indian Solar Firm Orb Energy

    Jeremy Hodges: Oct 3, 2019 Bloomberg

    (Bloomberg) — A Royal Dutch Shell Plc division took a 20% stake in Indian solar firm Orb Energy Pvt Ltd. as part of a drive to deliver a reliable source of electricity to 100 million people in the developing world by 2030.

    Orb Energy, based in Bengaluru, south India, provides credit to small and medium sized firms to invest in solar panel systems. Founded in 2006, Orb Energy has sold over 160,000 solar systems in India with a total capacity of 75 megawatts.

    “This is a vital and growing sector, with great potential to contribute to the country’s renewable energy ambitions,” Brian Davis, vice president in the Shell Energy Solutions division said in a statement. read more

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    OML 25: SPDC, Belema oil resolve dispute, resume operations in 10 days

    The Punch:

    OML 25: SPDC, Belema oil resolve dispute, resume operations in 10 days

    Sept 17, 2019

    The Nigerian National Petroleum Corporation with its joint venture partners, Shell Production Development Company and Belema OIL, have resolved the dispute on the operation of Oil Mining Lease (OML) 25.

    The feuding group at the signing of the dispute closure agreement in Abuja, on Tuesday agreed that operations at the oil well would take off in the next 10 days.

    The Minister of State for Petroleum Resources, Chief Timipre Silva, while signing the agreement, thanked all the parties stressing that the step signified the beginning of a new chapter in the industry. read more

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    Nigeria: Shell Decries Crude Theft, Vandalism in Niger Delta

    Nigeria: Shell Decries Crude Theft, Vandalism in Niger Delta

    With a daily loss of about 10,000 barrels of oil from its pipelines to crude oil theft, Shell Petroleum Development Company of Nigeria Limited (SPDC) has cried out for help from government, communities and other stakeholders to stem the incessant attack on oil assets in the Niger Delta.

    “These are critical national assets with 55 percent government interest and they produce the crude oil that accounts for over 90 per cent of Nigeria’s foreign exchange and the bulk of government revenue. Hurting these assets means hurting the nation’s revenue, the economy of the states, the health of the people and the environment,” SPDC’s General Manager External Relations, Igo Weli, said yesterday at a media workshop on Pipelines Right of Way Encroachment and Vandalism held in Port Harcourt, Rivers State capital. read more

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    Nigeria: Govt Declines Renewal of Shell’s OML 11 Over National Security

    Nigeria: Govt Declines Renewal of Shell’s OML 11 Over National Security

    By Alex Enumah: 16 August 2019

    Abuja — The Federal Government Thursday told an Abuja Division of the Federal High Court that its decision not to renew the operating license of Shell Petroleum Development Company (SPDC) was in the interest of the nation’s security.

    The oil giant in the legal action is seeking an order of the court to compel the Federal Government to grant or renew its Oil Mining Lease (OML)11.

    At the resumed hearing on Thursday, counsel to Federal Government, Mohammed Diri, while objecting to the suit said the primary objective of any responsible government is to guarantee the safety of lives and properties, adding that the refusal to renew OML 11 was a pre-emptive measure to prevent the occurrence or escalation of security breach in Ogoni area. read more

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    Pollution: Niger Delta Communities Drag Shell To UK Supreme Court

    According to Shell’s records, the community has been impacted by at least 40 oil spills from Shell’s pipelines and equipment since 1989, including 23 spills in the past 4 years. Shell’s pipelines and infrastructure in Ogale are several decades old and in a poor state of repair making the area vulnerable to oil spills which have caused, and continue to cause, long-term contamination of the land, swamps, groundwater and waterways in the Community.

    The Supreme Court hearing will appeal a judgment from February 2018, from the Court of Appeal in London, which upheld an earlier High Court judgment, that the English Court does not have jurisdiction over the claims.

    BY SAHARAREPORTERS, NEW YORK JUL 24, 2019

    Lawyers representing 40,000 Nigerian farmers and fisherman from two communities in the Niger Delta have been permitted to take their legal claim against the oil giant Shell to the UK Supreme Court.

    The decision will allow the two communities from Bille and Ogale in the Niger Delta to appeal to the UK’s highest court, having suffered from decades of pollution from Shell’s pipelines.

    They have taken their case to the English Courts on the basis that Royal Dutch Shell (RDS), which is headquartered in London, is legally responsible for the environmental failures of the Shell Petroleum Development Company of Nigeria (SPDC), a subsidiary of RDS. read more

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    Bloomberg: Oil Giants Note — Nigeria Now Has a Chance to Open Its Fields

    Bloomberg: Oil Giants Note — Nigeria Now Has a Chance to Open Its Fields

    By Dulue Mbachu and Tope Alake: 16 July 2019, 05:00 BST

    *Buhari’s parliamentary control could speed passage of reforms

    *Oil majors want favorable fiscal terms to explore deep waters

    Investors’ 11-year wait for the Nigerian government to open up Africa’s biggest crude industry may be over.

    An overhaul of oil policy that’s been in the works for more than a decade is among a raft of laws President Muhammadu Buhari could steer through parliament in his second term to help drive investment in the oil-dependent economy. The delays cost an estimated $15 billion a year in lost funding for the industry over the past decade, according to the Petroleum Ministry. read more

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    Shell: Security Remains Major Challenge in N’Delta

    By Emmanuel Addeh in Yenagoa 12 July 2019: — Shell Petroleum Development Company of Nigeria Limited (SPDC) has said security remains a major challenge occasioned by continuing crude oil theft and vandalism of oil and gas facilities in parts of the Niger Delta.

    SPDC’s General Manager, External Relations, Igo Weli, who spoke in Yenagoa, Bayelsa State, at the media launch of the 2019 edition of the Shell in Nigeria Briefing Notes, an annual publication detailing the activities of the business interests of the global energy giant, noted that the illegal activities result in the loss of 11,000 Barrels Per Day of crude oil. read more

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    Shell, Exxon Mobil eye re-entry into Somalia’s upstream sector

    JUNE 28, 2019

    LONDON (Reuters) – Royal Dutch Shell (RDSa.L) and Exxon Mobil (XOM.N) are looking to re-enter the market in Somalia ahead of an oil block bid round taking place later this year, the country’s oil ministry said in a statement.

    Shell and Exxon Mobil had a joint venture there prior to the toppling of dictator Mohamed Siad Barre in the early 1990s.

    Somalia has been mired in insecurity since Barre left and is battling Islamist group al Shabaab that frequently carries out bombings in the capital Mogadishu and elsewhere in the country. read more

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    Gulf of Mexico about shift in mindset, says Shell VP

    By Mark Lammey: 6 MAY 2019

    Deep-water Gulf of Mexico has always been about making the impossible possible, according to Rick Tallant, Shell’s vice-president of production for the region.

    Now, Shell is trying to make the possible affordable, he said.

    Mr Tallant said companies had to do a lot of “soul searching” during the downturn to work out how the industry could survive and compete with Brazil, West Africa and parts of Asia.

    A shift in the industry’s mindset and culture was vital in the quest to reinvent itself and get “fit for the future” in the GoM, he said.

    Shell spent a lot of time focusing on lowering operating costs and investing more wisely, which meant embracing standardisation, harnessing the local supply chain, and vastly improving performance management. read more

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    UPDATE 1-Two Shell oil workers rescued after Nigeria Delta region kidnapping -police

    By Tife Owolabi: Reuters

    LAGOS, April 30 (Reuters) – Two Royal Dutch Shell oil workers who were kidnapped in Nigeria’s southern Niger Delta region last week have been rescued, a police spokesman and Shell Petroleum Development Company of Nigeria Limited (SPDC) said on Tuesday.

    Kidnappings for ransom occur in much of Nigeria, Africa’s biggest oil producer, but are particularly prevalent in the Niger Delta which produces the majority of the country’s crude oil.

    The pair were attacked in southern Rivers state last week while returning from an official trip to Bayelsa state. read more

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    Two Shell oil workers kidnapped, police killed, in Nigeria’s Delta: police

    APRIL 26, 2019 / 11:29 PM 

    YENAGOA, Nigeria (Reuters) – Two Royal Dutch Shell oil workers were kidnapped, and their police escorts killed, in Nigeria’s restive Delta region, a police spokesman said on Friday.

    The workers were in Rivers State, returning from an official trip to Bayelsa state, when they were attacked.

    “The Shell Petroleum Development Company of Nigeria Limited (SPDC) regrets to confirm the attack on its staff and government security escort at Rumuji, Rivers State, on the East/West road on Thursday, April 25, 2019 around 16:00 hours,” an SPDC spokesman said. read more

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    Report alleges Shell and Eni made military-style Nigerian oil deal

     

    A new report alleges that Shell and Eni benefited ‘at the expense’ of the Nigerian people in a generous military-style contact in 2011.

    Analysis from non-profit watchdog Global Witness suggests the firms signed a “Sole Risk” contract, which gave away Nigeria’s right to its share of the oil produced in the $1.1bn deal.

    Court cases are underway into allegations of bribery in the deal for the OPL 245 license, which holds one of the country’s largest oil fields. read more

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    Major new inquiry into oil spills in Nigeria’s Niger Delta launched

    A sign warns people to stay off land contaminated by oil pollution

    Lagos, Nigeria (CNN)A major new inquiry into oil companies operating in the Niger Delta has been launched by the Archbishop of York, John Sentamu. The probe will investigate “environmental and human damage” in Nigeria’s vast oil fields. read more

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    Violations against contract workers at Shell in Nigeria taken to UN Human Rights Council

    “Contract workers at Shell Nigeria are living in poverty, with no job security and poor healthcare that is costing workers’ lives. Contract workers face dismissal if they join a union or ask for a pay rise. They lack safety equipment and risk death in the field.”

    Published by , Digital Assistant Editor
    LNG Industry,

    Royal Dutch Shell violations against contract workers in Nigeria came under scrutiny at the 40th session of the United Nations Human Rights Council in Geneva, Switzerland.

    Royal Dutch Shell violations against contract workers in Nigeria came under scrutiny today at the 40th session of the United Nations Human Rights Council in Geneva, Switzerland.

    In a joint statement to the General Assembly of the Human Rights Council, IndustriALL Global Union and Swiss organisation, Europe-Third World Center (CETIM), said: read more

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    Nigerian Oil Region Crisis Threatens Buhari’s Economic Plans

    By Dulue Mbachu and Elisha Bala-Gbogbo: 13 March 2019, 03:00 GMT: Updated on 13 March 2019, 10:51 GMT

    Niger River delta wracked by pipeline sabotage, crude theft

    Buhari must act now or face ‘doomsday’ later, activist says

    After the military government in 1995 executed nine Ogoni activists, including the writer Ken Saro-Wiwa, regional unrest spiraled into full-blown armed militancy in the past 15 years.

    Fresh from his comfortable re-election, Nigerian President Muhammadu Buhari faces a huge hurdle to keep his vow to end the economy’s addiction to oil: win a lasting peace in the crude-rich Niger River delta.

    The 76-year-old former military ruler will have to score a breakthrough that’s eluded previous governments in an area where armed groups and thieves pose a constant threat to the flow of crude. To carry out his plans to develop a backbone of stable power, roads and rail lines for agricultural expansion and industrialization in Africa’s most-populous nation, Buhari needs all the money he can get from oil, the source of two-thirds of government revenue. read more

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