Shell Flashcards

(23 cards)

1
Q

who are they

A

a global TNC in the oil industry

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2
Q

TNC

A

transnational corporation operating in multiple countries

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3
Q

fossil fuel extraction

A

process of retrieving oil and gas resources

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4
Q

formula 1 sponsorship

A

marketing strategy to improve recognition

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5
Q

ogoni people

A

ethnic group protesting against shell in nigeria

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6
Q

1995 protests

A

demonstrations leading to violence against ogoni people

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7
Q

oil spill sites

A

locations of environmental damage from oil leaks

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8
Q

200 tonnes

A

amount of oil spilled in nigeria in 2016

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9
Q

court cases

A

legal actions taken against shell in nigeria

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10
Q

tax revenue

A

government income from shells oil operations

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11
Q

90% export revenue

A

proportion of nigerias exports from oil and gas

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12
Q

$34 million investment

A

shells funding for Nigerian social projects in 2014

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13
Q

healthcare and education

A

focus area for shells social investment projects

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14
Q

interdependence

A

mutual reliance between shell and nigeria

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15
Q

572,000 barrels

A

daily oil extraction by shell in nigeria

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16
Q

LIC

A

low income country like Nigeria

17
Q

6000 jobs

A

employment provided by shell in nigeria

18
Q

$1.1 billion tax revenue

A

annual tax income from shell to nigeria

19
Q

grants to entrepreneurs

A

financial support for new nigerian businesses

20
Q

football competition

A

event promoting education through sports sponsorships

21
Q

niger delta

A

region in nigeria rich in oil resources

22
Q

environmental damage

A

negative impact of oil extraction on land

23
Q

social investment projects

A

initiatives aimed at community development