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Stock impact report

Shell (SHEL) Faces Backlash for Leaving Niger Delta to Suffer [Yahoo! Finance]

Archrock, Inc. (AROC) 
Last archrock, inc. earnings: 2/19 07:16 pm Check Earnings Report
US:NYSE Investor Relations: archrock.com/aroc
Company Research Source: Yahoo! Finance
area, to a consortium of local companies, also known as the Renaissance Africa Energy Company. However, the London-based energy giant is facing widespread criticism due to a report published by the Centre for Research on Multinational Corporations (“SOMO”), a Dutch non-profit organization. According to a SOMO report, Shell cannot be allowed to divest its assets and leave the delta without assuming the responsibility for the extensive pollution caused by it and ensuring safe decommissioning of its abandoned assets in the region. The report highlights that the historical pollution in the region is a serious issue. Shell has been allegedly trying to avoid environmental responsibilities, even though it has earned huge profits from oil extraction in the Niger delta, leaving the region as one of the most polluted places on Earth. With SHEL's exit, the only ones left behind to suffer the dire consequences of their actions will be the communities that reside there. Shell, for long, has be Show less Read more
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