• 4 mintues Texas forced to have rolling brown outs. Not from downed power line , but because the wind energy turbines are frozen.
  • 7 minutes Forecasts for oil stocks.
  • 9 minutes Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 13 minutes European gas market to 2040 according to Platts Analitics
  • 5 hours Simple question: What is the expected impact in electricity Demand when EV deployment exceeds 10%
  • 3 hours America's pandemic dead deserve accountability after Birx disclosure
  • 1 day Biden about to face first real test. Russia building up military on Ukraine border.
  • 2 days Trump punches back at Fauci and Birx's revisionist history (aka lies)
  • 3 days The coming Cyber Attack
  • 17 hours U.S. and Chinese investors to buy Saudi pipelines , $10 Billion deal.
  • 1 day Create a new law "Postericide" to prosecute and imprison Climate Change "Deniers"
  • 2 days New Chinese Coal Plants Equal All those in U.S.A
  • 3 days Goldman Betting on Cryptocurrencies
  • 9 hours NG spot prices hit triple digits for weekend delivery
  • 4 days New German Study Shocks Electric Cars: “Considerably” Worse For Climate Than Diesel Cars, Up To 25% More CO2
  • 6 days Beware the Left's 'Degrowth' Movement (i.e. why Covid-19 is Good)
  • 6 days Forecasts for Natural Gas
OPEC Is Betting Big On Robust Oil Demand Recovery

OPEC Is Betting Big On Robust Oil Demand Recovery

Last week’s surprise decision from…

Dutch Court Holds Shell Liable For Oil Spill In Nigeria  

The Hague Court of Appeal ordered Shell on Friday to compensate Nigerian farmers for two oil spills in the country 13 years ago, in the first lawsuit in which a company has been held liable in the Netherlands for its actions abroad.

The ruling of the Dutch court is setting a precedent for future lawsuits brought against oil firms in the countries where they are based, instead of the countries where oil spills or oil pollution has allegedly taken place. 

“After 13 years, justice!” Friends of the Earth Europe tweeted after the Hague court’s verdict.

Donald Pols, Friends of the Earth Netherlands director, said, as carried by The Associated Press:

“From this moment onwards, Dutch multinationals will be held accountable for their activities and their actions in developing countries.”

The court will decide at a later stage what compensation Shell’s Nigerian unit will have to pay for the oil spills.

Shell, for its part, continues to say that the spills were the result of sabotage, which has been frequent in the Niger Delta in Nigeria.

“We continue to believe that the spills in Oruma and Goi were the result of sabotage. We are therefore disappointed that this court has made a different finding on the cause of these spills and in its finding that” the Nigerian unit of Shell is liable, the Anglo-Dutch major said in a statement, as carried by Bloomberg.

“Sabotage, crude oil theft and illegal refining are a major challenge in the Niger Delta,” Shell noted.

Shell has been taken to a Dutch court in a separate case brought by Friends of the Earth Netherlands, which argued in court that “Shell is violating its duty of care and threatening human rights by knowingly undermining the world’s chances of staying below 1.5 degrees Celsius” during the hearings that ended last month.

The Dutch Court of Justice is expected to deliver a verdict in the case on May 26, 2021.  

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News