Royal Dutch Shell Oil Rigs To Be Confronted By ‘Festival Of Resistance’
By: MICHEAL KAUFMAN : Published: May 14, 2015
Environmentalists have planned to confront Royal Dutch Shell Plc’s (ADR) (NYSE:RDS.A) oil rigs, which are set to arrive at Seattle’s port this week. The oil company plans to use them in the Arctic later this year.
Shell has been planning to go back to the Arctic, in pursuit of the vast oil resources in the region. However, the oil giant has faced severe opposition from environmental groups, who argue that the company lacks the ability to clean up any potential disasters.
In the latest hurdle to Shell’s Arctic plans, environmentalists have organized the “festival of resistance”, a three-day event that would include confronting the oil company’s drilling rigs as they are on their way to Seattle. The festival, set to start on Saturday, would see environmentalists approach the rigs, when they reach Elliott Bay.
Unanswered questions on Nigeria’s missing oil revenue billions
Unanswered questions on Nigeria’s missing oil revenue billions
By Lamido Sanusi (Former Gov. Central Bank of Nigeria)
Just over a year ago President Goodluck Jonathansuspended me from my position as governor of the Central Bank of Nigeria after I questioned an estimated $20bn shortfall in oil revenues due to the treasury from the state oil company. As I said then, you can suspend a man, but you cannot suspend the truth. The publication last month of a PwC audit into the “missing billions” brings us a step closer to it.
Petrobras scandal looms large in Shell’s plan to buy BG Group
As Royal Dutch Shell seeks to finalise its £55bn takeover of smaller UK-based rival BG Group, it will be closely watching the situation atPetrobras, Brazil’s state-controlled oil company that is engulfed in scandal.
The TRUTH will set you FREE.
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