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Nigerians given green light to sue Shell over oil spills

The UK Supreme Court on Friday allowed a group of 42 500 Nigerian farmers and fishermen to sue Royal Dutch Shell (RDS) in English courts after years of oil spills in the Niger Delta contaminated land and groundwater.
Former Attorney-General of the Federation (AGF) and Minister of Justice, Mr. Bello Adoke (SAN).

Malabu scandal: Ex-AGF petitions IGP over ‘forged’ email

Adoke, in his petition dated February 5, claimed that the evidence presented against him at the Italian court was “forged” with the intent to interfere with the course of justice.
The new head of Nigeria's state oil company NNPC, Mele Kyari, speaks during an interview with Reuters in Abuja, Nigeria August 7, 2019. REUTERS-Afolabi Sotunde

NNPC renegotiates commercial contract terms with major oil firms

Meanwhile, oil companies such as Royal Dutch Shell, ExxonMobil, Total and Eni, are cutting billions in spending after taking hits to their profits, shifting money to renewable fuels and focusing only on the most cost-effective markets.
Former Attorney-General of the Federation (AGF) and Minister of Justice, Mr. Bello Adoke (SAN).

Bello Adoke: Purported new e-mail evidence admitted by Italian court forged

Former Attorney-General of the Federation and Minister of Justice of Nigeria, Mr. Mohammed Bello Adoke (SAN), yesterday noted that the so-called new e-mail admitted by an Italian Court against him was forged.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

PIB: Senate president pushes for reduced cost of crude oil production

President of Senate, Ahmad Lawan, has pushed for a cost reduction in the production of crude oil by International Oil Companies operating in Nigeria.
African Export-Import Bank (Afreximbank)

Afreximbank disburses $250 million to Nigerian company to acquire 45% stake in oil lease

Afreximbank has disbursed 250 million dollars as part of its support for Trans Niger Oil and Gas Ltd (TNOG) to acquire 45 per cent stake in Oil Mining Lease (OML) 17 onshore oilfield.
Heirs Holdings, in partnership with Transnational Corporation of Nigeria Plc, on Friday announced the “unconditional acquisition” of a 45 percent participating interest in OML 17 through TNOG Oil and Gas Limited, their associated company.

TNOG acquires 45% of OML 17 from Shell, Total, ENI

Heirs Holdings, in partnership with Transnational Corporation of Nigeria Plc, on Friday announced the “unconditional acquisition” of a 45 percent participating interest in OML 17 through TNOG Oil and Gas Limited, their associated company.

Explosion cuts Agip’s output by 30,000 barrels daily – Eni

The Nigerian Agip Oil Company (NAOC) on Thursday said the Nov. 20 explosion at its oil field in Bayelsa would adversely impact crude export to the tune of 30,000 barrels daily.
A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo. REUTERS-Kim Kyung-Hoon

OPL245 scandal: Coalition urges World Bank group not to protect oil giants

A World Bank affiliated group may scuttle Nigeria’s bid to successfully prosecute illicit funds associated with the controversial OPL 245, a coalition of international anti-corruption groups has said.
A worker inserts insoles inside shoes at a shoe factory for the brand Ambitious amid the coronavirus outbreak, in Guimaraes, Portugal [Catarina Demony-Reuters]

Corporate giants are falling down on human rights – study

Too many multinational companies are neglecting to protect human rights despite investors and customers urging them to do so, according to the 2020 Corporate Human Rights Benchmark.
EFCC chairman Ibrahim Magu said the commission has also recovered more than N251 billion within the three months.

Former EFCC chief Ibrahim Magu not likely to get justice – groups

The former Acting Chairperson, Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, is unlikely to get justice at the Ayo Salami anel set to probe him, Nigeria’s leading anti-corruption group and its international partners have said.

Mark Zuckerberg tells US Congress to upend the internet

Facebook supports rewriting Section 230, and it’s starting to lay out the changes it wants. That’s the big takeaway from a nearly four-hour grilling of Facebook CEO Mark Zuckerberg, Alphabet CEO Sundar Pichai, and Twitter CEO Jack Dorsey. The point was quickly lost in a pre-election political scuffle — but in the coming months, it’ll be one of the most important things to watch.

IPMAN calls for local refining to fix petroleum sector

Alhaji Popoola Ogundoyin, an Executive Member of Independent Petroleum Marketers Association of Nigeria (IPMAN), says that unless Nigeria produces petroleum products through its refineries, the problems in the petroleum sector will persist. Ogundoyin stated this...
U.S. Secretary of State Mike Pompeo on Wednesday renewed the Trump administration’s criticism of China’s early handling of the coronavirus outbreak.

US sanctions 11 entities for aiding Iran’s oil sector

The US imposed sanctions on 11 entities and three executives Thursday for allegedly aiding an Iranian energy firm that was blacklisted in January, and helping Iran export petroleum products .
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.

Oil prices hold near multi-week lows on demand worries

Oil prices edged up on Thursday, but held near multi-week lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID-19 pandemic was lagging.

Nigerian lawmakers order probe into $18 billion NLNG dividend

Nigerian lawmakers have instructed the country’s most senior accountant to investigate payments totalling $18 billion as dividends from Nigeria’s investment in Nigeria Liquefied Natural Gas (NLNG) between 2004 and 2019, a Senate statement said.
Melee Kyari

Mele Kyari: NNPC now EITI supporting company

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, says the corporation has become an Extractive Industries Transparency Initiative (EITI) supporting company.
A presidential candidate at the just concluded Nigerian Bar Association (NBA) election, Dele Adesina, has called for the cancellation of the exercise.

NBA presidential candidate alleges fraud, wants election result cancelled

A presidential candidate at the just concluded Nigerian Bar Association (NBA) election, Dele Adesina, has called for the cancellation of the exercise.

Exxon Mobil, Chevron report losses on weak oil prices

Exxon Mobil and Chevron suffered losses in the latest quarter as the weakened economic outlook due to the coronavirus pandemic pressures the industry to double down on cost cuts.
The logo of Italian energy company Eni is seen at the booth of Eni during the Nigeria International Petroleum Summit in Abuja, Nigeria February 10, 2020. Picture take February 10, 2020. REUTERS-Afolabi Sotunde

Italy prosecutors seek jail sentences for Eni, Shell executives in Nigeria case

Italian prosecutors have asked for oil majors Eni and Shell to be fined and some of their present and former executives, including Eni CEO Claudio Descalzi, to be jailed in a long-running trial over alleged corruption in Nigeria.
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.

Egypt announces new oil discovery at Gulf of Suez

The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.
Friends of the Earth accused France on Monday of planting a ticking climate bomb in Mozambique, where French oil giant Total is developing a mega-project to exploit natural gas.

NGO accuses France of starting Mozambique ‘climate bomb’

Friends of the Earth accused France on Monday of planting a "ticking climate bomb" in Mozambique, where French oil giant Total is developing a mega-project to exploit natural gas.

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Ghana’s president Nana Akufo-Addo on Monday became the world’s first recipient of a coronavirus vaccine from Covax, a global scheme to procure and distribute inoculations for free for poorer countries.

Ghanaian president becomes world’s first recipient of free Covax jab

Ghana’s president Nana Akufo-Addo on Monday became the world’s first recipient of a coronavirus vaccine from Covax, a global scheme to procure and distribute inoculations for free for poorer countries.
(FILES) In this file photo taken on December 15, 2014, general manager of Alarab TV, Jamal Khashoggi, looks on during a press conference in the Bahraini capital Manama. - US President Donald Trump said October 11, 2018 he was not yet prepared to limit arms sales to Saudi Arabia over journalist Jamal Khashoggi's disappearance, but he faced mounting pressure from concerned American lawmakers. Saudi Arabia is one of the world's largest arms purchasers, with most of them coming from the United States.Khashoggi, a contributor to The Washington Post, vanished more than a week ago during a visit to the Saudi consulate in Istanbul. Turkish government sources say he was murdered there, a claim Riyadh denies. (Photo by MOHAMMED AL-SHAIKH / AFP)

Reports: Three names disappear from U.S. intel report on Jamal Khashoggi after initial release

The U.S. intelligence community has replaced its long-awaited report on the murder of Saudi journalist Jamal Khashoggi, with another version that no longer includes the names of three men initially considered as complicit.
Top public relations official for Prime Minister Yoshihide Suga has stepped down, the government says on Monday.

Japanese premier’s aide quits amid wining, dining scandal

Top public relations official for Prime Minister Yoshihide Suga has stepped down, the government says on Monday.
The Eze Igbo of Zamfara, Chief Egbuna Obijiaku, on Saturday commended Gov. Bello Matawalle for tackling the security challenges in the state.

Zamfara governor: Nigerians’ll be shocked by those behind schoolgirls’ abduction

The Zamfara State Governor, Mr. Bello Matawalle, yesterday said that Nigerians would be shocked to know those behind the abduction of 317 female students of the Government Girls’ Secondary School, Jangebe.
Jamaican sprinter Yohan Blake, has revealed his anti-Coronavirus vaccine stance, claiming he would rather miss the Tokyo 2020 Olympics than get the jab.

Yohan Blake: I’d rather miss Olympics than take coronavirus vaccine

Jamaican sprinter Yohan Blake, has revealed his anti-Coronavirus vaccine stance, claiming he would rather miss the Tokyo 2020 Olympics than get the jab.

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Sheikh Ahmad Gumi (second from right) recently met with bandits in Zamfara to negotiate peace.

Shiek Gumi: Bandits I met not behind Zamfara schoolgirls abduction

A prominent Islamic cleric, Shiek Ahmad Gumi, says the abduction of schoolgirls in Zamfara was not carried out by bandits he met with recently.
Kidnap Victim

Police rescue abducted monarch in Calabar

The Cross River State Police Command has rescued an 81-year-old Monarch who was whisked away from his house at Ambo by Idang in the Calabar South Local government area late Monday night.
Tiger Woods is “in good spirits” after being moved to a new Los Angeles hospital for treatment from injuries he sustained in a car accident.

Tiger Woods in good spirits after getting successful ‘follow-up procedures’

Tiger Woods is “in good spirits” after being moved to a new Los Angeles hospital for treatment from injuries he sustained in a car accident.
The Lagos State Government on Sunday noon announced the reopening of Third Mainland Bridge earlier than 7 pm scheduled time.

Nigerian government reopens Third Mainland Bridge after seven months

After a seven-month closure, the Minister of Works and Housing, Mr Babatunde Raji Fashola, has announced the reopening of the Third Mainland Bridge to vehicular traffic.
Jimmy Lai arrives at the West Kowloon magistrates for one of his many court appearances. Anthony Wallace-AFP-Getty Images

Hong Kong court says Jimmy Lai’s bail denied because risk of further offences

A Hong Kong court said on Tuesday its denial of bail for media tycoon Jimmy Lai, the most high-profile person charged under a new the national security law, was due to the risk of his committing further offences.