Oil spill: Shell, enviromentalists differ on Dutch court’s rulingÂ
Divergent views have continued to trail Friday’s verdict by a Dutch court that found Shell liable for pollution of farmlands and fish ponds of four farmers in the Niger Delta….
Oil Spills: Dutch Court orders Shell to pay compensation to Nigerian farmers Â
A Dutch court on Friday ordered Shell to pay compensation in a long-running case brought by four Nigerian farmers who accuse the oil giant of causing widespread pollution. After 13…
Oil Spill: After 13 years, Dutch Court to hand down verdict on Shell Nigeria case
A Dutch court will hand down its verdict on Friday in a long-running case pitting oil giant Shell against four Nigerian farmers who accuse it of causing widespread pollution. After…
Transcorp acquires 45% OML 17 from Shell, Total, ENI
Heirs Holdings (HH) an affiliate of Transnational Corporation of Nigeria Plc (Transcorp) has acquired 45 per cent participating interest in Nigerian oil licence OML 17 from Shell Petroleum, Total and…
Eni declares force majeure as explosion cuts production by 30,000 barrels
Eni declared force majeure on exports of Nigerian Brass River crude oil following pipeline explosions in Bayelsa state, the company said on Tuesday. The implication is that Nigeria will lose…
Rivers Cassava Processing Company to save $1 billion in capital flight
Mr. Ruben Giesen, Managing Director of the Rivers Cassava Processing Company Limited says the cassava flour processing factory has the capacity to save the nation up to $1 billion in…
Italy prosecutors seek jail term for Eni, Shell executives in Nigeria case
Italian prosecutors in a Milan court have asked for oil majors Eni and Shell to be fined 900,000 euros ($1.04 million) each and sought to confiscate a total of $1.092…
Pollution: UK Supreme Court to hear appeal against Shell by Nigerian communities
Britain’s supreme court will on Tuesday hear Nigerian farmers and fishermen appeal to pursue claims against oil major Shell over spills in the Niger Delta. The appeal re-opens the possibility…
Nigeria LNG tanker arrives US with storage facilities nearing full capacity
A ship carrying liquefied natural gas from Nigeria entered a port in the U.S. state of Georgia on Thursday as energy firms seek facilities to store the super-cooled fuel with…
Nigeria loses as English court throws out Shell-Eni OPL 245 bribery case
An English court threw out a $1.1 billion case Nigeria had brought against Royal Dutch Shell and Eni related to a dispute over the OPL 245 oilfield popularly called Malabu…