MESSAGE FROM GLOBAL WITNESS REGARDING SHELL/ENI OPL 245 CORRUPTION CASE
An online event this Friday
On Friday, Global Witness is hosting a virtual event, The Oil Heist of the Century: Journey around the world in search for truth and accountability, as part of the Skoll World Forum alongside our partners Olanrewaju Suraju the Chair of the Nigerian NGO Human and Environmental Development Agenda (HEDA) and Antonio Tricarico a Director of Italian NGO Re:Common.
The event will take place on Friday 3rd April at 4pm BST, 5pm CET, 4pm WAT.
We will tell the story of infamous Shell and Eni corruption case that Global Witness and partners has been investigating and exposing for many years. It will take you on a journey around the world from an oil field in Nigeria via London and Abuja to a courthouse in Milan.read more
LONDON (Reuters) – Royal Dutch Shell (RDSa.L) slowed refining output and will write down up to $800 million (649.46 million pounds) in the first quarter of 2020 after a dramatic drop in oil demand due to the coronavirus.
In an update ahead of first-quarter results, Shell said it expects “significant uncertainty” over oil and gas prices and demand as a result of falling consumption.
With the global lockdown of 3 billion people – roughly 40% of the world’s population – demand for fuel has been in free fall, forcing Shell to lower its refining output by around 13%.read more
By Marcelo Teixeira and Roberto Samora: MARCH 30, 2020
NEW YORK/SAO PAULO, March 30 (Reuters) – Two of Brazil’s largest fuel distributors said on Monday they are cutting the amount of ethanol they will buy from local suppliers to adjust to a slump in demand amid the coronavirus lockdown in Latin America’s largest economy.
Brazil’s number 1 fuel distributor, BR Distribuidora , said it will reduce the amount of ethanol it buys from Brazilian mills to levels that are below the minimum defined in contracts, due to an “atypical situation” created by the COVID-19 pandemic.read more
* Energy Transfer delays FID from late 2020 to early 2021
* Shell relinquishes 50% stake amid spending cuts
* Decision comes after collapse in oil prices
By Ron Bousso and Shradha Singh
March 30 (Reuters) – Royal Dutch Shell Plc pulled out of a major liquefied natural gas (LNG) export plant under development in Louisiana following the recent crash in oil and natural gas prices that has forced the company to make deep spending cuts.
Energy Transfer LP, which was developing the project with Shell, said it remains focused on the commercial development of Lake Charles and is working toward making an early 2021 final investment decision (FID) to build the plant.read more
There are three separate legal proceedings taking place against Shell in Dutch and British courts relating to oil pollution. This has devastated the Niger Delta.
Data from Shell’s own spill incident reports reveal that from 2011-18 the company reported a huge number of spills – 1,010 – along the network of pipelines and wells that it operates.25 Spills have a variety of causes – from third-party tampering, to operational faults and corrosion of aged facilities. Shell blames most spills on theft and pipeline sabotage, and are not due to its own negligence.26 read more
The Ogoni Case is a Simple Demand for Basic Rights and Justice – MOSOP
Call for the Exoneration of Ken Saro-Wiwa and Others
The Movement for the Survival of the Ogoni People (MOSOP) says all the Ogoni people want in Nigeria is respect for the rights of the people and justice. President of MOSOP, Fegalo Nsuke made this known yesterday in Port Harcourt in a speech to mark the 24th anniversary of the U.N Secretary General’s fact-finding mission to Ogoni which noted that the Special Tribunal which ordered the murder of Ken Saro-Wiwa had no jurisdiction to try Saro-Wiwa and the others.
Nsuke said it was shameful that Nigeria’s response to a simple and justifiable demand for basic rights and justice by the Ogoni people in Nigeria was repression by state security forces and the hounding by Shell through its agents which led to the death of thousands of innocent Ogonis.read more
The Prelude first received gas from its subsea wells in December 2018 and by the end of June 2019 had produced 2.32 million tonnes of greenhouse gases, according to emissions data released by the Clean Energy Regulator today.
Conservation Council of WA director Piers Verstegen said the emissions data was absolutely shocking and suggested that Shell was making no effort to reduce Prelude’s emissions.read more
Energy companies slash another $19 billion as oil price remain near 20-year lows
Sergio ChapaMarch 24, 2020 Updated: March 24, 2020 7:02 a.m.
Eleven energy companies over the past several days said they would cut a combined $18.6 billion dollars from their budgets as oil prices remain near 20-year lows, setting the stage for tens of thousands additional layoffs.
West Texas Intermediate crude closed at $23.36 per barrel Monday, a price not seen since March 2002 as Russia and Saudi Arabia flood global markets and the coronavirus pandemic crushes demand.
Energy companies big and small — including Conoco Phillips, Exxon Mobil, Marathon Oil, Hess and Halliburton — have responded by slashing spending for new projects and operations, halting stock buy back programs, putting deals on hold and selling assets.read more
Last year, the energy industry was rocked by record bankruptcies and write-downs that did not spare even the oil majors. According to Energy and Restructuring law firm Hayes and Boone’s, a grand total of 50 energy companies filed for bankruptcy last year, including 33 oil and gas producers, 15 oilfield services companies and two midstream companies.
The world’s biggest oil and gas firms should break an industry taboo and consider cutting dividends as they weather the fallout from the pandemic, investors say.
Investors prefer the dividend cut to companies taking on any more debt to maintain payouts.
The top five so-called oil majors have avoided reducing dividends for years to keep investors sweet and added a combined $25 billion to debt levels in 2019 to maintain capital spending, while giving back billions to shareholders.
The world’s biggest oil and gas firms should break an industry taboo and consider cutting dividends, rather than taking on any more debt to maintain payouts as they weather the fallout from the coronavirus pandemic, investors say.
The top five so-called oil majors have avoided reducing dividends for years to keep investors sweet and added a combined $25 billion to debt levels in 2019 to maintain capital spending, while giving back billions to shareholders.read more
Parliament’s pension fund has made record investments in renewable energy and cut its exposure to fossil fuel companies to bring MPs’ pensions in line with the government’s climate action targets.
The move is a victory for the 360 serving and former MPs who have been pushing for the pension fund’s investments to fall in line with the government’s climate agenda.
The annual report showed that the fund has decreased its investment in BP by almost two-thirds in the past year, to £4.4m, and cut its holdings in Shell by a quarter, to £8m.read more
Royal Dutch Shell has announced it is planning to save at least $8billion in the coming year following the huge fall in oil prices.
The world’s ninth-largest company by revenue says capital expenditures are to be scaled back by $5billion. At the same time, underlying operating costs will be cut by at least $3billion to help cope with the impact of the coronavirus.
It still plans to go ahead with their $10billion divestment programme but have cancelled the next tranche of their share buyback programme.read more
Rule 19.6(b) update to stated post-offer intention statement with regard to the combination with BG Group plc
| Source: Royal Dutch Shell
The Hague, March 23, 2020 – The following announcement is being made pursuant to the requirements of Rule 19.6(b) of the City Code on Takeovers and Mergers (the “Code”), which, inter alia, require a party to an offer, save with the consent of the Panel on Takeovers and Mergers, to promptly make an announcement should it decide to take a course of action different from its stated intentions during the period of 12 months or such longer stated period from the end of the offer period explaining its reasons for doing so.read more
Mar 23rd, 2020
by John Donovan.
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Replica of the Wikipedia article: royaldutchshellplc.com
23 March 2020 Version
The article text for the Wikipedia article royaldutchshellplc.com is displayed below for the above-indicated date – the content of which may be confirmed by Wikipedia records
royaldutchshellplc.com is a Royal Dutch Shellgripe site and blog operated by Alfred and John Donovan, who engaged in several marketing campaigns with Shell during the 1980s and early 1990s. The father and son duo believe Shell violated intellectual property agreements and filed several lawsuits against Shell prior to starting several websites critical of Shell, including royaldutchshellplc.com. The site has been oft quoted in news sources and is known for its activities as an Internet leak and forum for Shell whistleblowers.read more
Shell’s operations in the Niger Delta were first, and most effectively, put under the spotlight in the 1990s by Ken Saro-Wiwa, an acclaimed Nigerian writer. Saro-Wiwa led a community organisation in his home area, Ogoniland, called the Movement for the Survival of the Ogoni People (MOSOP). MOSOP said that while outsiders had grown rich on the oil that was pumped from under their soil, pollution from oil spills and gas flaring had, “led to the complete degradation of the Ogoni environment, turning our homeland into an ecological disaster.”10read more
Listen and read proof in audio and transcript form of Shell CEO Ben van Beurden’s cover-up tactics in the OPL 245 Nigerian corruption scandal. The instruction given by him in the covertly recorded call to CFO Simon Henry was at odds with Shell’s claimed core business principles. Cover-up and obstruction, instead of transparency and integrity, says Shell critic John Donovan
JOHN DONOVAN TV DOCUMENTARY INTERVIEW
SHELL EXECUTIVES AT THE CENTER OF A SCHEME TO STEAL $1.3 BILLION FROM NIGERIA’S PEOPLE
SHELL ADMITS DEALING WITH NIGERIAN MONEY LAUNDERER – BBC NEWS
SHELL, ENI AND NIGERIAN OFFICIALS IN OPL 245 CORRUPTION SCANDAL
INVESTIGATION OF OPL 245 NIGERIAN OIL CORRUPTION SCANDAL
DUTCH EARTHQUAKES CAUSED BY SHELL/EXXON
SHELL KILLS FOR OIL IN NIGERIA
ESTHER KIOBEL: EVIL OIL GIANT SHELL COLLUDED IN THE EXECUTION OF MY INNOCENT HUSBAND
ESTHER KIOBEL SUES SHELL FOR COMPLICITY IN HUSBANDS MURDER
SHELL LIED ABOUT CLEANING UP OIL IN NIGER DELTA
SHELL SPIES INFILTRATED NIGERIAN GOVERNMENT
LEGO DROPS SHELL OVER GREENPEACE OIL SPILL VIDEO
SHELL ARCTIC DRILLING ACCIDENTS
SHELL KNEW ABOUT CLIMATE CHANGE DECADES AGO
ABANDONED BY SHELL: KEITH MACDONALD & FAMILY, VICTIMS OF RADIOACTIVE CONTAMINATION AT WORK
ROYAL DUTCH SHELL FOUNDER SIR HENRI DETERDING, NAZI FINANCIER
JOHN DONOVAN PROMOTIONAL GAMES FOR SHELL AND OTHER CLIENTS
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON. EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
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OVER 500 EXTERNAL PUBLICATIONS CITING OUR SHELL WEBSITES
See our link list of over 500 articles by the FT, Wall Street Journal, Reuters, Bloomberg, Forbes, Dow Jones Newswires, New York Times, CNBC etc, plus UK House of Commons Select Committee Hansard records, information on U.S. Securities & Exchange Commission websiteetc. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. Click on this link to see the entire list, all in date order with a link to an index of over 100 books also containing references to our non-profit websites and/or our activities.
John Donovan, the website owner