Nigerian Court Returns Richest Oil Block to Multinational Firms
An Abuja court has reversed its previous ruling which retrieved the control of one of Nigeria's richest oil blocks, OPL 245, from Shell and ENI. OPL 245 is considered the largest oil block in Africa with over 9 billion barrels of crude.
Premium Times, 14 February 2017
Two multinational oil firms have challenged the propriety of the Nigerian government withdrawing a major oil block from them. Read more »
Premium Times, 27 February 2017
The Abuja Division of the Federal High Court will on March 13 decide on an application for the retraction of a January 26 order withdrawing control of an oil block, OPL 245, from… Read more »
This Day, 3 March 2017
The federal government has filed fresh charges against two multinational oil firms, Shell Nigeria Exploration Production Company Limited and Agip Nigeria Exploration Limited, for… Read more »