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Nigeria took 40 pct of Shell security spend in late 2000s-NGO
Reuters – August 20, 2012
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Shell paid Nigeria millions to guard oil facilities
AFP – August 20, 2012
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Shell spending millions of dollars on security in Nigeria, leaked data shows
The Guardian – August 19, 2012
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Shell ‘paying tens of millions to Nigerian security forces’
The Telegraph – August 19, 2012
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Shell suspends Arctic drilling for 2013
We’re celebrating Shell’s announcement that the drilling programme in the Alaskan Arctic has been halted for the year! Here are a few perspectives on why this has happened and what’s going to happen next… 1) Company public relations describe this as an effort to ensure the drilling is safe: “Shell remains committed to building an…
28 Feb 2013 anna -
Osborne’s tax breaks for North Sea oil and a Thatcherism flashback
Back in the 70s, the UK and Norway took two very different approaches to the roughly equal share of North Sea oil and gas that they had within their territorial waters. With state-owned oil company Statoil at the helm, Norway cautiously put aside profits and levies from other oil companies operating within its fields into…
25 Feb 2013 Kevin -
Oil company mega-profits and the dwindling public purse
Yesterday, The Observer ran a story about George Osborne promising to crack down on multinationals avoiding tax in some of the world’s poorest countries. Anger over corporate tax avoidance at a time of massive cuts to public spending has placed the issue on the political agenda, especially since widespread popular protest sparked by UK Uncut. The money…
18 Feb 2013 Sarah -
Has RBS stopped financing the tar sands? (Spoiler: No)
Last week RBS chairman Philip Hampton took part in a live Q&A session on the Guardian in response to the Libor-rigging scandal. One of the questions that was put to Hampton by a reader was How do you continue to justify continued your role in financing the Canadian tar sands, arguably a greater crime than…
12 Feb 2013 Kevin -
Another storm for Shell highlights risks in financing Arctic oil & gas exploitation
On Winter Solstice, the shortest day of the year when in southern Alaska there’s only a dull half-light for a handful of hours, Shell’s immense drilling rig Kulluk was dragged out to sea from Dutch Harbour, bound for the port of Seattle. This 28,000 tonne machine was being pulled past the Aleutian Islands though worsening…
16 Jan 2013 james