meta name="google-site-verification" content="itFO53DeTn12Q_CgrK1XuVoVeKkYL4_h9vXHrDuoJZQ" />

petroleum

Shell battles Nigerian communities in high-stakes London lawsuit

Finance / By / January 10, 2017

A court in London will decide in coming weeks whether Royal Dutch Shell can face trial in the UK over oil spill allegations in Nigeria, a decision some legal experts predict could attract more cases against multinationals in Britain. The High Court will judge whether members from two communities, Bille and Ogale in Nigeria’s oil-rich …

Shell battles Nigerian communities in high-stakes London lawsuit Read More »

Nigeria saves $4.5m daily from PMS deregulation— FG

Finance / By / November 8, 2016

The Nigerian National Petroleum Corporation (NNPC) said from January 2016 till date, government lost 7 billion dollars (2.1 Trillion Naira) to the activities of militancy groups and oil pipeline vandals in the Niger Delta region. The Group Managing Director of NNPC, Dr Maikanti Baru, said this on Friday in Abuja at the 2016 Fiscal Liquidity Assessment Committee …

Nigeria saves $4.5m daily from PMS deregulation— FG Read More »