New Jersey Court Orders Return Of $8.9m Looted Under Jonathan To Nigeria

Eko Hot Blog reports that Jersey’s Royal Court has granted a ruling favoring the return of stolen assets worth £6.9 million ($8.9 million) to Nigeria. The decision comes after Jersey’s Attorney General issued a forfeiture notice in November, asserting that the funds, deposited in a Jersey bank account, were likely misappropriated by Nigerian government officials … Read more

Bayelsa Community Laments Inappropriate Compensation For Oil Spill

The residents of Aghoro I, Ekeremor Local Government Area of Bayelsa State, has lamented that they are been shortchanged and inappropriately compensated by the Shell Petroleum Development Company of Nigeria, SPDC, for the oil spill in their community. The community slammed the oil firm for arbitrarily determining the compensation figure for the May 17, 2018 … Read more

Shell Wins Nape Conference’s Award, Others

Shell Writes down $2.3bn On Weaker Economic Outlook

Three Months after winning the coveted awards at the 2019 Society of Petroleum Engineers Conference, energy giant, Shell Companies in Nigeria have now won the Best Exhibitor award at the National Association of Petroleum Exploration (NAPE) annual international conference and exhibition held in Lagos between November 19-22, 2019. Shell General Manager Development, Chibogwu Sam Ezugworie, … Read more