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Shell - Coggle Diagram

- - - - However, their power can be used in a negative way to interfere with elections and put pressure on government to grant exploration rights
  - - - This means that they own and run the organisation at every stage
- - - - LIC governments are more easily influenced or corrupt
- - - - For LICs, this money is essential
- - - - Exploitation and production may not always have social and environmental considerations as the forefront
        
        In 2008 a pipe owned by Shell was damaged, caused the single largest loss of mangrove habitat in history. Shell finally agreed to accept responsibility for the damage and paid out $55 million in 2015
        
        This was 7 years after the event
  - - - Shell has extracted $30 billion worth of crude oil from the land of the Ogoni people since the 1950s. Oil revenue makes up 80% of the Nigerian economy and 1/2 of that comes from Shell
        
        This has had its consquences from the Ogoni people, many of whom live without electricity or running water, who see none of the oil.
  - - - The oil giant Shell claimed it had inserted staff into all the main ministries of the Nigerian government, giving access to politician's every move in the oil-rich Niger Delta.
        
        Oil makes up 88% of Nigeria's foreign exchange earnings. Through influencing the government TNCs can seek to keep environmental laws relaxed to make gaining exploration and extraction licences easier
        
        In the UK there is hesitancy to tax profits of energy companies as they are so valuable to the UK economy