Royal Dutch Shell Shuts Nigeria Nembe Creek Oil Pipeline
Extract from a Wall Street Journal article by Obafemi Oredein published 27 Feb 2014
BADAN, Nigeria–Royal Dutch Shell PLC’s (RDSA) Nigerian unit said Thursday that the Nembe Creek Trunk oil pipeline was shut down to stop leakage caused by oil theft. Shell said the pipeline was replaced in December 2010 at a cost of $1.1 billion but has been repeatedly targeted by crude thieves since it was commissioned.
Report: ‘Perfect storm’ of oil risks in U.S. arctic waters
Extract from UPI article published 27 Feb 2014
WASHINGTON, Feb. 27 (UPI) —With Shell uncertain about its future in U.S. arctic waters, a consortium of environmental advocacy groups said the region presents a “perfect storm of risks.” Shell Chief Executive Officer Ben van Beurden said in January a series of mishaps in its drilling campaign off the Alaskan coast meant his company lacked a “clear path forward” in the arctic.
Oil Giants Chevron and Shell Sell Pipelines
Extract from an article by Matthew Monks published by Bloomberg News on 27 Feb 2014
Chevron Corp. (CVX) and Royal Dutch Shell Plc (RDSA) are seizing on a surge in demand for pipelines and storage facilities to raise cash for oil and gas exploration. Shell wants to sell part of its Houston-to-Houma crude oil pipeline and use some of the proceeds to invest in drilling projects, people said last month. If it and Chevron are successful, other large oil companies may also enter the market.
Tagged: Chevron · Royal Dutch Shell Plc
Nigeria: Warning over sale of Shell assets
Extract from article by Samuel Oyadongha published by VANGUARD and circulated online by AllAfrica.com on 26 Feb 2014
The people of Nembe in Bayelsa East senatorial district, Bayelsa State, have warned prospective investors and buyers of oil wells and facilities owned by Shell Petroleum Development Company to investigate the non-payment of over $1bllion demanded from the company for damages inflicted on their communities by its over 50 years oil exploration activities. The chairman, Nembe Kingdom Oil and Gas Committee, Chief Nengi James, gave the warning in Yenagoa following alleged planned sale of oil fields and other assets owned by Shell in Nembe.
Posted in: Africa, Environment, Human Rights, Nigeria, Oil, Royal Dutch Shell Firesale,Royal Dutch Shell Plc.
A bunch of nonsense from David Bunch, Chairman of Shell Brands International
The article is about the global VP of Marketing for Shell Retail and chairman of Shell Brands International, David Bunch (right), and his claim that Shell’s key principles are “trust, innovation and quality.” Trust? He must be joking. Shell defrauded its own shareholders in the reserves scandal and more recently issued a profits warning only when pressed into doing so by lawyers. With all due respect to Mr. Bunch, it is actual deeds over the years, not empty words, on which Shell will be judged.
By John Donovan
Houston Business Journal has published an article under the headline: Shell branding chief touts company’s “trust” and social media engagement.
The article is about the global VP of Marketing for Shell Retail and chairman of Shell Brands International, David Bunch, and his claim that Shell’s key principles are “trust, innovation and quality.”
Trust? He must be joking. Shell defrauded its own shareholders in the reserves scandal and more recently issued a profits warning only when pressed into doing so by lawyers. Peter Voser knew what was coming and decided to jump ship before he was pushed overboard. Ordinary shareholders were kept in the dark as per normal. From my experience, that is routine practice and I have irrefutable evidence to prove Shell senior management deliberately hides information from its own shareholders.
With regards to innovation and quality, he seems to have forgotten the new Formula Shell gasoline that ruined car enginesor the deadly pesticides fatal to insects, crop pests AND humans.
Bunch acknowledges that that Shell cannot control the internet, that some people will always disagree with Shell and that they should be allowed to air their views. He also claims that Shell’s approach is one of transparency and engagement.
Strange then that Shell first secretly censored and then closed down its own internet discussion forum – “Tell Shell” – because it did not want to engage with people posting comments and simply could not cope with the criticisms posted on it. This was after boasting that the facility was uncensored.
A further example of Shell’s true nature, rather than the spin, is what happened to Dr John Huong, the former Shell Production Geologist. He was collectively sued for libel and threatened with imprisonment by EIGHT different Royal Dutch Shell companies for comments posted on this website in his name. For several years it was impossible for Dr Huong to find alternative employment with the draconian litigation hanging over his head. Shell eventually withdrew the litigation and settled his claim for wrongful dismissal.
And workers on the Shell Brent Bravo platform trusted Shell to keep them safe. Instead, Shell management put production and greed before the lives of its employees. A fatal accident inquiry concluded that the lives that were lost were preventable.
OSSL in Ireland might also have something to say about trust, transparency and engagement in relation to Shell. They have been let down by a succession of Shell senior executives right to the very top, all to keep a lid on a vast corruption scandal surrounding the Shell led Corrib Gas Project in Ireland. I facilitated a discussion OSSL directors had with Voser at the 2013 Royal Dutch Shell Plc Annual General Meeting. He promised to intervene, but shortly thereafter announced his surprise decision to make a lifestyle change and take early retirement.
The US Authorities trusted Shell to commence drilling in Alaskan waters, only for that fiasco to end up on the rocks, literally.
These are just a few examples to justify the above headline: A bunch of nonsense from David Bunch, Chairman of Shell Brands International
With all due respect to Mr. Bunch, it is actual deeds over the years, not empty words, on which Shell will be judged.
At least it is good to know that he apparently supports the activities of this website.
RIGHT OF REPLY
Mr. Brunch is welcome to reply, in which event any comments by him would be published on an unedited basis right here.
The TRUTH will set you FREE.
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