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A UK court has ruled that Nigeria’s $1 billion suit against Royal Dutch Shell and Eni, oil giants, cannot go on because it does not have jurisdiction over the case.
Royal Dutch Shell’s Bonga oilfield in Nigeria will undergo maintenance in March and April, though the impact on production and exact dates are still being finalised, a spokesman said.
The Federal Government says it expects about $62bn from multinational energy conglomerates that include Royal Dutch Shell, ExxonMobil, Chevron, Total and Eni, citing a 2018 Supreme Court ruling it says enables it to review and adjust oil production revenue sharing agreements, Reuters has reported.
Royal Dutch Shell said on Wednesday that it had been informed by the U.S. Department of Justice that it had closed its inquiry into Shell over the 2011 $1.3 billion acquisition of a Nigerian offshore oilfield.
Royal Dutch Shell and Exxon Mobil are looking to reenter the market in Somalia ahead of an oil block bid round taking place later this year, the country’s oil ministry said in a statement.
Royal Dutch Shell plc has announced the commencement of trading in the second tranche of its share buyback programme previously announced on July 26, 2018.
Arsene Wenger is so synonymous with Arsenal that it would be strange to see him take over at another club, but it sounds like he’s turned down the chance to take over at Barcelona.
The Association of Resident Doctors (ARD), University of Ilorin Teaching Hospital (UITH) Chapter, on Wednesday suspended its three days warning strike over assault on its members.
UEFA has released strict guidelines for the eight clubs kicking off the Champions League knockout stage in Lisbon with the Atalanta, PSG fixture opening the campaign right away.
The Nigerian Navy (NN) has disowned a fake press release inviting candidates of the Nigerian Navy Basic Training School (NNBTS), Batch 30 to commence training at the school in Onne on Aug. 18.
The Federal Government on Wednesday distanced itself from the purported sacking of the Vice-Chancellor of the University of Lagos, Prof. Oluwatoyin Ogundipe, by its Governing Council, saying it has not been briefed.
The Human Rights Writers Association of Nigeria, HURIWA, has condemned the invasion of Edo State House of Assembly, describing it as unconstitutional.
Gov. Seyi Makinde of Oyo State on Wednesday flagged off the reconstruction of the Akesan market in Oyo town which was razed by inferno on Jan. 5.
Mr Victor Effiom, Managing Director, Cross River Water Board Limited, said on Thursday that the management had approved the termination of the appointments of six members of staff as a result of dereliction of duty.
Chairman Senate Committee on Media and Public Affairs Committee, Senator Ajibola Basiru, has taken on Director General of the Progressives Governors Forum (PGF), Salihu Lukman, for criticising the All Progressives Congress (APC’s) handling of ongoing Edo election campaigns as weak, defeatist, cowardly and at best treacherous.
Kwara United have completed the signing of former Super Eagles goalie Dele Aiyenugba ahead of the 2020/21 Nigerian Professional Football League season.