UK court throws out Nigerian corruption case against oil firms Shell, Eni

An English court threw out a $1.1 billion case Nigeria had brought against Royal Dutch Shell and Eni related to a dispute over the OPL 245 oilfield, a court document showed on Friday, while a related trial in Italy continues. The Nigerian government filed the case in 2018 at a commercial court in London alleging… Read More UK court throws out Nigerian corruption case against oil firms Shell, Eni

Dutch court to hear case by widows of executed Nigerian activists against Shell

A Dutch court said on Wednesday it has jurisdiction to hear a damages suit brought against Royal Dutch Shell by four widows of activists executed by the Nigerian government in 1995. In a preliminary decision, judges at the Hague District Court said they would allow the suit to go forward, a rare win in a… Read More Dutch court to hear case by widows of executed Nigerian activists against Shell

Police rescue two Shell oil workers kidnapped in Rivers State

Two Royal Dutch Shell oil workers who were kidnapped in Nigeria’s southern Niger Delta region last week have been rescued, a police spokesman and Shell Petroleum Development Company of Nigeria Limited (SPDC) said on Tuesday. Kidnappings for ransom occur in much of Nigeria, Africa’s biggest oil producer, but are particularly prevalent in the Niger Delta… Read More Police rescue two Shell oil workers kidnapped in Rivers State

Gunmen abduct two Shell workers, kill police escorts in Rivers State

Two Royal Dutch Shell oil workers were kidnapped, and their police escorts killed, in Nigeria’s restive Delta region, a police spokesman said on Friday. The workers were in Rivers State, returning from an official trip to Bayelsa state, when they were attacked. “The Shell Petroleum Development Company of Nigeria Limited (SPDC) regrets to confirm the… Read More Gunmen abduct two Shell workers, kill police escorts in Rivers State

Oil companies Eni and Shell to stand trial over purchase of Nigerian offshore oil block

Oil giants Eni and Shell are to stand trial in Milan on Monday, charged with bribery and corruption in the purchase of an offshore oilfield in Nigeria. Eni CEO Claudio Descalzi, his predecessor Paolo Scaroni and several officials from Eni and Shell are among those facing the judge. ​Former Nigerian oil minister Dan Etete is… Read More Oil companies Eni and Shell to stand trial over purchase of Nigerian offshore oil block

Shell subsidiary ordered to pay $2.4million for Pakistan tanker explosion

Pakistan’s oil and gas regulator on Friday ordered a subsidiary of Royal Dutch Shell to pay about 257 million rupees (an equivalent of $2.4 million) in damages and compensation for a tanker explosion that killed more than 200 people. The Oil and Gas Regulatory Authority (OGRA) has held Shell Pakistan Ltd. (SPL) responsible for the… Read More Shell subsidiary ordered to pay $2.4million for Pakistan tanker explosion

Shell to sell huge part of North Sea assets to Chrysaor in $3billion deal

Royal Dutch Shell is nearing the sale of a large part of its North Sea oil and gas assets to private equity-backed Chrysaor for $3 billion, banking sources said, marking a milestone in its drive to reduce debt after buying BG Group. Chrysaor, a North Sea-focused oil company backed by private equity fund EIG Partners,… Read More Shell to sell huge part of North Sea assets to Chrysaor in $3billion deal