Page 6 - Shell Petroleum Development News Today

Summons three banks for alleged contempt Justice Oluremi Oguntoyinbo of Federal High Court, Lagos, yesterday, declined to vacate her interim Mareva injunction directing 20 banks to block accounts of Shell Petroleum Development Company of Nigeria (SPDC) and its subsidiaries. x The judge also summoned three of the banks’ secretaries and chief financial officers for allegedly disobeying the order made on January 25, 2021. The court ordered the alleged contemn...

By Innocent Anaba A Federal High Court sitting in Lagos, yesterday, refused to vacate the interim Mareva injunction it made directing 20 commercial banks to block Shell Petroleum Development Company of Nigeria, SPDC,) and its subsidiaries’ bank accounts. Trial judge, Justice Oluremi Oguntoyinbo, in her ruling, also summoned three of the banks’ secretaries and chief financial officers for allegedly disobeying the order made on January 25, 2021. The court ordered the alleged contemnors to app...

Shell Petroleum Development Company Shell Petroleum Development Company (SPDC) has said it is working to secure expeditious discharge of court order freezing its accounts, which was obtained by AITEO Eastern (E&P) Company Limited. AITEO had sought an ex-parte order from a Federal High Court in Ikoyi, Lagos for an injunction directing 20 commercial banks to block accounts of SPDC and affiliates of the Royal Dutch Shell company operating in Nigeria in a bid to recover cash value of more than 16 m...

Shell seeks ICSID arbitration over Rivers case Shell has filed for arbitration against Nigeria over an ongoing dispute around oil spills. © Bloomberg Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Thank you for signing up to our newsletter. Something went wrong - please try again later. Sign Up Shell has filed for arbitration against Nigeria over an ongoing dispute around oil spills. Shell Petroleum and She...

Britain's Supreme Court ruled on Friday that more than 40,000 people in the Niger Delta region of Nigeria can make pollution claims against Anglo-Dutch energy g

The Supreme Court has ruled that an oil spill case can be brought against Shell in the UK for problems in Nigeria.

LONDON (AP) — Britain’s Supreme Court ruled Friday that a group of Nigerian farmers and fishermen can sue Royal Dutch Shell PLC in English courts over pollution in a region where the Anglo-Dutch energy giant has a subsidiary. Five justices on the U.K.s top court said Shell may owe a “duty of care” to the claimants over the actions of its Nigerian subsidiary. Shell had argued that it was not responsible. More than 40,000 members of Nigeria’s Ogale and Bille communities took Shell to co...

Copyright 2017 The Associated Press. All rights reserved. FILE - This Wednesday, Jan. 20, 2016 photo shows the Shell logo at a petrol station in London. Britains Supreme Court ruled Thursday, Feb. 11, 2021 that a group of Nigerian farmers and fishermen can sue Royal Dutch Shell PLC in English courts over pollution in a region where the oil giant has a subsidiary. The justices said Shell has a duty of care to the claimants over the actions of its Nigerian subsidiary. (AP Photo/Kirsty Wiggleswort...

Nigeria commits to Brass methanol plan The Nigerian government has signalled its support of the Brass Fertiliser and Petrochemical Co. (BFPCL) 10,000 tonne per day methanol plant with a final investment decision (FID) ceremony. Updated: 02/02/2021, 7:55 am Signing ceremony for the Brass methanol plant, involving NNPC, NCDMB and DSV Engineering Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Thank you for signing up ...

Shell back in court for Nigeria oil spills liability ruling Shell faces the latest ruling in a long-running legal dispute with farmers in Nigeria who say the energy giant is responsible for oil leaks that have polluted their villages. by Bloomberg © Bloomberg Crude oil pollutes the waters of an estuary in this aerial photograph taken over B-Dere, Ogoni, Nigeria, on Saturday, Feb. 1, 2020. Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the ...