Tag
SHELL
The thieves installed several tapping points on the Benisede-Brass Creek pipeline from where they siphoned crude.
Shell's decision to exit Russia in response to the country’s invasion of Ukraine has already cost the energy giant as much as $5 billion.
Aiteo is said to owe the parties in question about $2 billion which was used to purchase Nigerian Oil Assets including Shell’s OPL 29.
Nigeria has instituted a legal action against JP Morgan Chase, claiming over $1.7 billion in damages over its role in the disputed Malabo oil deal.
Nigerian fintech firm, Infibranches Technologies Limited has secured $2 million in funding from All On, an impact investment...
The judges dismissed the charges against the companies and defendants, saying there was no case to answer.
The Italian Ministry of Justice has ordered an investigation of the conduct of two prosecutors in a corruption case involving oil and gas giants, Eni (ENI.MI) and Shell (RDSa.L) in Nigeria.
With a plethora of laws and regulations in Nigeria, it is inconceivable how big oil companies continue to pollute the Niger Delta with impunity.
The Federal Government of Nigeria says it is disappointed in the ruling of the Italian court regarding the Malabu corruption trial.
A final decision on the long-running graft case could be reached by the end of March 2021.
FG filed the legal action against JP Morgan Chase & Co for its failure to prevent the payment of about $875 million to alleged corrupt parties.
Shell is seeking to cut 40% of operating costs in its upstream oil and gas.