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Eugene

(61,974 posts)
Sat Dec 24, 2022, 06:35 AM Dec 2022

Shell to pay $15m settlement over oil spills in Nigeria

Source: Al Jazeera

Shell to pay $15m settlement over oil spills in Nigeria

Shell claimed the settlement for spills in the Niger Delta between 2004 and 2007 was not an admission of liability.

23 Dec 2022

Shell will pay 15 million euros ($15.9m) to communities in Nigeria that were affected by multiple oil pipeline leaks in the Niger Delta, the oil company has announced.

“The settlement is on a no admission of liability basis, and settles all claims and ends all pending litigation related to the spills,” Shell said on Friday in a joint statement with the Dutch division of Friends of the Earth.

The compensation is the result of a Dutch court case brought by Friends of the Earth, in which Shell’s Nigerian subsidiary SPDC was last year found to be responsible for the oil spills and was ordered to pay for damages to farmers.

The money will benefit the communities of Oruma, Goi and Ikot Ada Udo in Nigeria, which were affected by four oil spills that occurred between 2004 and 2007.

-snip-

Read more: https://www.aljazeera.com/news/2022/12/23/shell-to-pay-15-mln-euros-in-settlement-over-nigerian-oil-spills

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Shell to pay $15m settlement over oil spills in Nigeria (Original Post) Eugene Dec 2022 OP
Shell's quarterly adjusted earnings were $9.45 billion. $15 million is a rounding error for them. Botany Dec 2022 #1

Botany

(70,639 posts)
1. Shell's quarterly adjusted earnings were $9.45 billion. $15 million is a rounding error for them.
Sat Dec 24, 2022, 09:49 AM
Dec 2022

n/t

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