Shell oil profits from Iraq war


Translated from Dutch news agency ANP today:

Shell signs oil contract with Iraq

THE HAGUE – Oil corporation Shell has signed a contract for the exploitation of the Majnoon oil field in Iraq. The company announced that this Sunday.

The formal signing follows the approval by the Iraqi government earlier this month. Shell got the contract in early December at an auction of contracts to operate seven oilfields.

Shell gets a 45 percent interest in the project. Malaysian Petronas gets 30 percent, the Iraqi government gets the remaining 25 percent. The consortium of the three parties wants to reach a daily production of 1.8 million barrels of oil. The Majnoon oil field, according to Shell, is one of the largest fields in the world.

Recently, the Davids commission in the Netherlands published its report. If one searches the complete report, in Dutch, for the world “Shell“, then one does not find it. The same goes if one searchs for the text strings “bedrijfs” (corporate), or “economi” (-cal, etc). “Olie” (oil) is only named in the context of the pre 2003 Bush attack “oil for food” program.

The Davids commission concluded, inter alia, that the Iraq war is against international law, and that the Dutch government had not told the truth to parliament. However, the commission did not get into the economic background of this horrible war.

The Davids Commission, which investigated the role of the Netherlands in the 2003 Iraq war, has declared that the war was illegal: here. See also here.

Shell has announced that it will axe another 1,000 jobs this year despite raking in over £6 billion in profits: here.

EU boosts energy ties with Iraq: here.

Britain: Straw privately warned Blair that Iraq invasion was legally dubious: here.

A survey has revealed that almost a quarter of voters believe Tony Blair deliberately misled MPs over the Iraq war. One in four voters of the YouGov survey published on Sunday for The Sunday Times also agreed that the former prime minister should face war crime charges: here.

Former Liberal Democrat leader Sir Menzies Campbell has called for Labour’s former spin chief Alastair Campbell to face a fresh grilling by the Iraq inquiry after he issued a “clarification” of his previous evidence: here.

Campbell has second thoughts about his evidence: here.

Obama and Iraq: here.

The entry of oil companies into the realm of renewable energy could present major obstacles for the development of a sustainable economy that is not based on carbon resources, according to a report in the International Journal of Green Economics: here.

The Mexican government on February 4 [1935] repudiated all concessions to the Eagle Oil Company [Shell], a British firm, on the grounds that they were illegal and against national interests: here.

29 thoughts on “Shell oil profits from Iraq war

  1. Almost one in four Britons back Blair war crimes trial: poll

    (AFP) – 9 hours ago

    LONDON — Nearly one quarter of Britons want former prime minister Tony Blair to be tried as a war criminal over the Iraq war, according to a poll published on Sunday.

    A YouGov poll for The Sunday Times newspaper found that 23 percent of those surveyed think that Blair should face war crimes charges.

    The weekly newspaper added that 52 percent believe that Blair deliberately misled the country in the run-up to the 2003 war.

    Blair, who led the nation into the controversial conflict, will meanwhile give evidence to a public inquiry into the Iraq war at some point in the two-week period from January 25.

    The survey suggested that most people think the former premier knew that Saddam Hussein possessed no weapons of mass destruction.

    Yougov found that only 32 percent of those polled accepted that Blair “genuinely believed” in the threat that he used to help make the case for the Iraq war.

    YouGov interviewed 2,033 voters in an online poll that was conducted on Thursday and Friday.

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  2. Investors criticise Shell Canada oil sand plan

    Tuesday 19 January 2010

    Critical investors are demanding that Shell carries out a proper assessment of the risks of extracting oil from tar sand in parts of Canada.

    Up to 142 investors backed a motion demanding Shell present the research at the company’s annual general meeting in 2011. The motion will be debated at the oil giant’s AGM in May this year, lobby group FairPensions said.

    According to the Financieele Dagblad, the giant Dutch pension fund APG is also critical of Shell’s role in Canada. In 2008, Shell was APG’s third biggest participation, the paper says.

    The pension fund was one of 12 investors to visit the tar sands project in Alberta at the end of last year. Sustainable investment expert at the fund Erik-Jan Stork told the FD APG had raised concerns during that meeting and wanted to wait for Shell to take action.

    ‘For that reason we are unlikely to vote for or against the motion,’ he told the paper. But APG would ‘not hesitate’ to vote in favour if Shell did not take its concerns seriously, he was quoted as saying.

    Campaign

    John Sauven, executive director of Greenpeace UK told the Guardian: ‘The exploitation of the tar sands is an environmental scandal on a massive scale, and is set to become a campaign battleground for years to come.’

    In a statement, Shell told the paper tar sands represented less than 2.5% of total oil and gas production.

    ‘The resolution is basically a request for further information around the economics and other aspects of our oil sands operations. The resolution is submitted by shareholders representing some 0.15% of our total outstanding shares,’ it was quoted as saying in a formal response.

    © DutchNews.nl

    http://www.dutchnews.nl/news/archives/2010/01/investors_criticise_shell_cana.php

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  3. Shell Staff List E-Mailed to Rights Campaign Activists, FT Says

    By John Simpson

    Feb. 12 (Bloomberg) — Royal Dutch Shell Plc confirmed that a list of leaked contact details of 176,000 of its employees and contractors said to have been e-mailed to human rights and environmental activist groups was genuine, the Financial Times reported.

    Shell said the list did not pose a security risk because it did not include home addresses, the FT said. The e-mail included a 170-page covering note claiming to be from “116 concerned employees of Shell” and accusing the company of harmful practices in Nigeria, the newspaper said.

    http://www.bloomberg.com/apps/news?pid=20601102&sid=aPz3gONb6_4Q

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