In a case that has delayed the corporation’s sale of its onshore assets, Nigeria’s Supreme Court on Friday permitted Shell Plc’s local business to appeal a decision ordering the company to pay $1.8 billion in damages for an alleged leak. Until the court issued a decision regarding an appeal filed by its subsidiary Shell Petroleum Read More…
An oil storage vessel that exploded off the Warri coast this week was holding around 50,000 to 60,000 barrels of crude oil at the time of the incident, Minister of Environment Sharon Ikeazor said on Saturday. Ikeazor’s disclosure portends a major oil spill in the area. Nigeria’s Shebah Exploration & Production Company Ltd (SEPCOL) said Read More…