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UK bus drivers’ strike at London United against attacks on pay and conditions
London bus drivers at RATP-owned subsidiary London United held a 24-hour strike Wednesday at five depots, the eighth strike during the dispute. The Unite union members are opposed to proposed changes in their contracts including remote signing on, which will leave them around £2,000 a year worse off.
The strike hit 52 routes across south and west London. A further strike is planned for April 15. Drivers at Stamford Brook and Hounslow Heath depots voted to join the action from April 15, meaning all seven London United depots will be involved in the dispute.
Judging from recent headlines, Nigeria has unleashed one of the most spectacular legal attacks on one of its key oil and gas investors, to an extent previously unseen in the country’s more than 60 years of hydrocarbon production.
Shell has been active in Nigeria ever since the African country opened up to international investment in the early 1960s, maintaining its position as one of the leading actors in its upstream segment, accounting for roughly 10% of Nigeria’s crude production.
Seemingly, the timing is quite inopportune for a large-scale feud – projects are getting delayed and drilling contracts cancelled, Nigeria’s GDP dropped 2% in 2020 just as was bouncing off its period of economic lassitude and OPEC+ production curtailments limiting the potential output of Nigerian producers.
By Viktor Katona - Mar 10, 2021, 1:00 PM CST
Judging from recent headlines, Nigeria has unleashed one of the most spectacular legal attacks on one of its key oil and gas investors, to an extent previously unseen in the country’s more than 60 years of hydrocarbon production. Shell has been active in Nigeria ever since the African country opened up to international investment in the early 1960s, maintaining its position as one of the leading actors in its upstream segment, accounting for roughly 10% of Nigeria’s crude production. Seemingly, the timing is quite inopportune for a large-scale feud – projects are getting delayed and drilling contracts cancelled, Nigeria’s GDP dropped 2% in 2020 just as was bouncing off its period of economic lassitude and OPEC+ production curtailments limiting the potential output of Nigerian producers. Despite the odds, the conflict between Nigeria and Royal Dutch Shell might be a harbinger of great transformations, not necessarily to the benefit
By Emmanuel Addeh
Equinor ASA has said the Nigerian Supreme Court overturned a ruling that had threatened to divert 1.5 per cent of the company’s profits from one of the country’s largest oil fields to a former consultant.
The Supreme Court decision that the lower court had no jurisdiction over the case should conclude a dispute that has played out in the West African nation for more than a decade, Equinor spokesman Erik Haaland said.
“We are pleased with the court’s decision, which is in line with our position,” he said in an emailed statement.
Bloomberg reported that John Abebe, the former consultant who sued the Norwegian oil producer, was also on trial in a separate case where he was accused of forging documents submitted as evidence during his original claim, according to a statement on the website of Nigeria’s anti-graft agency.