Shell, Nigeria and the Record Price of Oil

Although all oil companies operating in Nigeria have faced the same basic problems, Shell has acquired far and away the worst reputation, particular in the Niger Delta with minority ethnic groups. This stems from alleged exploitation of oil and gas resources and environmental pollution resulting partly from long term gas flaring. Indeed, the company’s activities have not only become central to the dysfunctional politics of the Niger Delta, but may be fuelling rising global oil prices.