AITEO loans: UK Court rules in favour of Shell, AFC, GTB, Zenith, First Bank others
Aiteo is said to owe the parties in question about $2 billion which was used to purchase Nigerian Oil Assets ...
Tag: Shell
Nigeria sues JP Morgan over controversial oil deal, demands $1.7 billion as damages
Nigeria has instituted a legal action against JP Morgan Chase, claiming over $1.7 billion in damages over its role in ...
DEAL: Fintech startup, Infibranches secures $2 million funding to bridge energy distribution gap
Nigerian fintech firm, Infibranches Technologies Limited has secured $2 million in funding from All On, an impact investment company backed ...
Italian court acquits Eni and Shell over Nigerian graft case
The judges dismissed the charges against the companies and defendants, saying there was no case to answer.
Italy orders investigation of Shell, Eni prosecutors in Malabu corruption case
The Italian Ministry of Justice has ordered an investigation of the conduct of two prosecutors in a corruption case involving ...
Muddying the waters: Okordia-Rumuekpe spill and Shell’s recalcitrance
With a plethora of laws and regulations in Nigeria, it is inconceivable how big oil companies continue to pollute the ...
Malabu oil scandal: FG unhappy with Italian court’s decision to acquit Shell and Eni
The Federal Government of Nigeria says it is disappointed in the ruling of the Italian court regarding the Malabu corruption ...
Italy court to give verdict on Nigerian oil field corruption case by March 2021
A final decision on the long-running graft case could be reached by the end of March 2021.
British court says Nigeria’s lawsuit against JP Morgan over oil deal to go on trial
FG filed the legal action against JP Morgan Chase & Co for its failure to prevent the payment of about ...
Shell to focus on Nigeria, Gulf of Mexico and others as it seeks to cut 40% of costs
Shell is seeking to cut 40% of operating costs in its upstream oil and gas.
