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Arabica Robusta

WorldStage News | Shell, Exxon, Chevron, others endorse new law to boost Nigerian content - 0 views

  • Minister of Petroleum Resources Diezani Alinson-Madueke who also addressed the forum, said that by enacting the law and establishing a formidable Nigerian Content Development and Monitoring Board (NCDMB), which would help to implement the provision of NOGICD Act, the Federal Government had taken the lead with the provision of the enabling environment and would continue making the improvements required.She said that with the new drive, there would be “transformation of ownership profile of marine assets supporting industry activities from a current ratio of 20 Nigerian-owned vessels: 280 Foreign-owned vessels to a more equitable ratio of 180 Nigerian:120 (Foreign).”She noted that the Nigerian content would not only integrate indigenes and businesses residing in the oil producing areas into the mainstream of industry economic activity, but it would also capture of over 70 per cent of banking services, insurance risk placements, and Legal services supporting industry activities and transactions.
Arabica Robusta

Analysis of implementation of revenue transparency commitments of IFC and EBRD loans | ... - 0 views

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    After visiting the companies' websites in search for information on revenue payments to host county governments, BIC wrote emails to the contacts specified in the respective Summaries of Proposed Investments and Project Summary Documents, respectively. From research on the websites, only one company, Cadogan Petroleum (EBRD investment) had very accessible and transparent statistics on its payments to governments.
Arabica Robusta

Cable regarding proposed Petroleum Industry Bill; showing extent of Shell interference ... - 0 views

  • NNPC General Managing Director Dr. Mohammed Barkindo was interested in doing something on climate change in preparation for the climate change summit in Copenhagen December 6-18. Barkindo was spread pretty thin so Shell will ask him how they can help him prepare for the summit.
  • She said it would be helpful if the Embassy would continue to deliver low-level messages of concern. In particular, she thought it would be helpful for the Embassy to call on Speaker of the House Dimeji Bankoke to see where he stood on the bill. Beyond that, she would like to keep the Embassy in reserve and use it as a “silver bullet” if the PIB passes the House. The Ambassador noted that the U.S., U.K., Dutch and Qthe House. The Ambassador noted that the U.S., U.K., Dutch and French Embassies had already made a joint call on NNPC General Managing Director Dr. Mohammed Barkindo.
  • Pickard said Shell had good sources to show that their data had been sent to both China and Russia. She said the GON had forgotten that Shell had seconded people to all the relevant ministries and that Shell consequently had access to everything that was being done in those ministries.
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  • Pickard also noted that Shell saw Israeli security experts in Bayelsa, but not in the Delta, and that there had been “a big drop in kidnapping” as a result.
  • In the event that the PIB retains negative terms or violence returns to the Delta, Shell can be expected to hurt the most and cry the loudest.
Arabica Robusta

OIL POLITICS: Drilling in the dark - 0 views

  • Remember that in their 2010 budget, they had a chicken-change sum of N90m for staff marriages and bereavements! The commission defended the outrageous budgetary allocation on the grounds that it was dictated by emotional intelligence. Peculiar intelligence, one would say.
  • the Nigerian National Petroleum Corporation still relies largely on paper-based accounting systems.
  • Why would the oil companies refuse to give figures of extracted oil measured at the well heads?
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  • We perceive a matrix of high-powered players in the oil theft industry. This is far beyond pointing fingers at petty thieves who steal crude oil in buckets only to ferry them in crude barges to ships lurking off the coast.
Arabica Robusta

Obama on Wrong Side in Shell Oil Human Rights Case | Black Agenda Report - 0 views

  • But now, under these circumstances, Shell Oil claims it is not a person, subject to human law, but an entity possessing corporate immunities.
  • When Shell Oil walked into the U.S. Supreme Court building, this week, claiming that it is not responsible for the torture and murder of Nigerians in its oil fields in the Niger River Delta, the Dutch corporation had a friend in the courtroom: the Obama administration.
Arabica Robusta

West using terror to plunder oil resources of Nigeria | nsnbc - 0 views

  • With a population of 160 million, Nigeria is the known as the “giant of Africa”. In addition to crude oil, Nigeria has also the biggest reserves of natural gas among Sub-Saharan nations. Western energy companies are gearing up to tap this wealth even further in the coming years. Balkanising the country into North-South entities would undermine the central government in Abuja and bolster exploitation by these corporations.
  • However, some Nigerian analysts believe that the organization is being used by powerful external forces as a conduit for destabilizing Nigeria. Political analyst Olufemi Ijebuode says: “The upshot of this latest massacre is to destabilize the state of Nigeria by sowing sectarian divisions among the population. The killers may have been Boko Haram operatives, but Boko Haram is a proxy organization working on behalf of foreign powers.”
  • Campbell reiterated the significant observation: “The Mubi atrocity will feed a popular perception that the government can no longer ensure security in large parts of the country.”
Arabica Robusta

PressTV - West using terror to plunder oil resources of Nigeria - 0 views

  • Balkanising the country into North-South entities would undermine the central government in Abuja and bolster exploitation by these corporations.
  • Political analyst Olufemi Ijebuode says: “The upshot of this latest massacre is to destabilize the state of Nigeria by sowing sectarian divisions among the population. The killers may have been Boko Haram operatives, but Boko Haram is a proxy organization working on behalf of foreign powers.”
  • Campbell reiterated the significant observation: “The Mubi atrocity will feed a popular perception that the government can no longer ensure security in large parts of the country.”
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  • However, the fragmentation of Nigeria would undermine the political base of the central government. Nigeria’s political class has an unenviable reputation for institutionalized corruption and graft. Those flaws would most probably intensify in splintered and weakened political administrations. In that scenario, the powerful Western oil companies stand to gain by extracting even more favorable terms for oil production.
  • Political analyst Olufemi Ijebuode is convinced that Britain, France and Israel have also stepped up covert military involvement in Nigeria over the same period.
  • The same Western objective of fracturing, balkanising and weakening countries is also seen to be playing out in Sudan, Libya, Pakistan, Somalia and Syria. Nigeria’s oil and gas riches and its position as a natural leader of African nations underscores the Western objective with regard to West Africa.
    • Arabica Robusta
       
      Frynas, citing Ahmad Khan, makes the same point in his work on instability and corporate exploitation in Nigeria.
Arabica Robusta

Courthouse News Service - 0 views

  • In the latter arbitration, Chevron claims that Ecuador had violated the Bilateral Investment Treaty (BIT) by letting the case advance.     Since that time, the BIT claimed jurisdiction over the case, and both parties are currently gathering evidence for proceedings on whether Chevron received a fair shake in Ecuador.
  • Under U.S. law, federal courts can issue discovery orders forcing parties involved in "foreign or international tribunals" to turn over information that would be useful in those proceedings.     The 5th Circuit, a New Orleans-based federal appeals court, found that Chevron cagily straddled this language to get Ecuador to cough up documents while protecting its own.
  • A federal judge quashed the subpoenas, deferring to Chevron's arguments that the BIT did not qualify as a "tribunal" - when Ecuador wanted evidence for it.
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  • Meanwhile, another litigant has declared a pox on both houses.     A group of Ecuadoreans known as the Huaorani had moved to intervene in Chevron's extortion suit late last year, but U.S. District Judge Lewis Kaplan found that such intervention "would delay and complicate the resolution of an already complicated case."
  •  Kimerling, a City University of New York professor and respected human rights advocate, is the author of "Amazon Crude," which The New York Times described as the "Silent Spring of Ecuador."
Arabica Robusta

Archbishop Justin Welby: The shady 'Monsieur Africa' and a £6billion mission ... - 0 views

  • He was quickly handed responsibility beyond his years. For instance, he  was directly involved in an attempted hostile takeover of an American oil company, Kerr-McGee. Hours before it was due to go ahead, the takeover was halted after the intervention of the French prime minister who feared it would damage French-US relations.Before it was stopped, Mr Skjevesland recalled Mr Welby was instructed by Elf’s group treasurer to transfer $2 billion. ‘One morning Justin came in to the office and told me, “I got a phone call from New York last night. We’re going to go ahead with the acquisition.”
  • Mr Welby had been a committed Christian since university yet rarely discussed his faith with colleagues. But some recall him wearing a cross pinned to the breast pocket of his tweed jacket. Isobel Gil-Noble, the warden of St Michael’s, the English-speaking Paris church Mr Welby attended, said: ‘Justin was a bit of a yuppie – and a real slick professional.’Mr Skjevesland, who was the company’s assistant treasurer for most of Mr Welby’s time with Elf, also attended the monthly talks in Lagos on the Bonny LNG project.It was at this time, unbeknown to Mr Welby who only learnt of the allegations last year, that abuses were being carried out in Elf’s name in the Delta.
  • Archbishop Welby said in a statement last night: ‘During my time at that company [Elf] I worked in a junior finance capacity on a project in Nigeria, travelling to Lagos from Paris. ‘To suggest that I was in some way responsible for making strategic decisions, or that I was even aware of any alleged dubious confidential strategy by Elf, is absurd given my youth and lack of seniority. ‘In the case of the Bonny LNG project, Elf only had a five per cent stake, so even the company itself had minimal influence in decision making.’
Arabica Robusta

Shell accused of benefiting from South African apartheid-era land law | World news | gu... - 0 views

  • Shell obtained permission to occupy (PTO) during the apartheid era, when black people were not permitted to obtain title deeds to land. A PTO holder once paid a token rent to the government; now it pays it to the Ingonyama Trust Board, which administers about 2.8m hectares of land in KwaZulu-Natal. The board says the agreement legally cannot be changed, despite the stations' profitability.
Arabica Robusta

[Corporate Lying] Shell Warns of Environmental Cost of Oil Theft in Niger Delta | Fox B... - 0 views

  • "We urgently need more assistance from the Nigerian government and its security forces, other governments and other organizations," Mr. Sunmonu said.
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    How corporations lie.
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