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9 Feb 2024

Norges Bank decides to extend 'special ownership' in Shell PLC & Eni SpA for activities in Niger Delta resulting to severe environmental damage; incl. co. responses

In December 2023, Norges Bank released a statement announcing its decision to extend special ownership in Shell PLC and Eni SpA for their activities in the Niger Delta. In 2013 the companies were placed “under observation due to unacceptable risk that the companies contribute to or are responsible for severe environmental damage”.

The Business & Human Rights Resource Centre invited Shell PLC and Eni SpA to respond. The companies' responses are linked below.

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