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January 20th, 2022:

Shell Appeals $2 Billion Judgment in Nigeria Pollution Case

BNN Bloomberg

Shell Appeals $2 Billion Judgment in Nigeria Pollution Case

William ClowesBloomberg News: 20 Jan 2022

(Bloomberg) — A Nigerian court will hear Royal Dutch Shell Plc’s appeal to overturn an almost $2 billion award against the company for allegedly spilling oil in the West African country.

The energy giant is challenging a November 2020 judgment in favor of community members claiming a leak from a company pipeline damaged their land and waterways. A federal court of appeal in the city of Owerri is scheduled to consider applications from both sides on Jan. 25, according to a lawyer for the plaintiffs. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Go faster, be bolder”: setting the pace at Shell

Go faster, be bolder”: setting the pace at Shell

CEO Ben van Beurden talks about the year just gone, the year to come and why Shell must speed up its transformation.

By Joanna Wrighton and Rob van’t Wel on Jan 20, 2022

It was another extraordinary year for Shell. What were the highlights of 2021 for you?

The launch of our Powering Progress strategy was a huge moment. It’s the most complete and clearest articulation of our strategy in Shell’s recent history. It includes ambitious goals for shareholders, for action on carbon emissions, for people and for the environment. Powering Progress also sets the most ambitious targets in our industry to reduce emissions. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

RENEWED SHELL DIVESTMENT OF ONSHORE ASSETS: NOTHING TO CHEER ABOUT

-By Zik Gbemre

RENEWED SHELL DIVESTMENT OF ONSHORE ASSETS: NOTHING TO CHEER ABOUT

  • Insecurity is the single challenge pushing Shell and other multinationals out of the dreadful Nigerian investment climate.
  • It’s hypocritical of the President and Governors of the Niger Delta to go about the world begging for foreign investors when those already established are exiting the country.
  • Even for a developed economy like Russia, Putin had to step in to restrain Shell’s threat to leave the disunited Soviet Union at war with breakaway nations.

Insecurity was the biggest challenge that forced Shell to start divesting its onshore assets in the Niger-Delta, starting with stakes in Delta state in 1999.

Due to large scale youth violence encouraged by Chief James Ibori, tribal wars, ceaseless oil theft and communal disturbances, climaxing in a deliberate attempt by Governor Ibori successor cousin, Emmanuel Uduaghan’s desperation to buy some of the key assets provided the impetus for Shell’s gradual exit from Delta. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell CEO Ben Van Beurden: Carbon emissions court ruling was ‘body blow’

London Evening Standard

Shell CEO Ben Van Beurden: Carbon emissions court ruling was ‘body blow’

By Simon Freeman: 20 Jan 2022
ROYAL DUTCH SHELL’s CEO Ben van Beurden today described a court ruling from The Hague ordering faster, deeper cuts to the company’s carbon emissions as a “body blow”.

In comments likely to provoke controversy among green activists, he said: “I was listening at home as the judge gave her verdict. It felt like a body blow.

“I found it deeply troubling that Shell as a single business should be held accountable for how the world produces and uses energy.” read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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