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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.
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.
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 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.
President of Senate, Ahmad Lawan, has pushed for a cost reduction in the production of crude oil by International Oil Companies operating in Nigeria.
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.
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 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.
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.
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.
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.
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...
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 .
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 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.
A presidential candidate at the just concluded Nigerian Bar Association (NBA) election, Dele Adesina, has called for the cancellation of the exercise.
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.
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.
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.
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.
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.
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.
A prominent Islamic cleric, Shiek Ahmad Gumi, says the abduction of schoolgirls in Zamfara was not carried out by bandits he met with recently.
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.
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.
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.