* Case is closely watched by oil firms, environmentalists * Dispute is over damage caused by two oil spills in 2008 * Shell says progress has been made on spill cleanup plans Nigerian villagers on Friday rejected an offer of compensation from Royal Dutch Shell for damage done to their […]
Tag: Royal Dutch Shell
Nigeria oil output down 20 pct-officials
Nigeria has lost at least a fifth of its oil output in recent weeks due to severe flooding and oil theft, government oil officials said on Wednesday, in comments that helped push oil prices higher. Nigeria’s oil is exported to the United States, Asia and Europe and the current disruptions […]
Nigerian naira firms on Shell, NLNGs dollar sales
Nigeria’s naira currency firmed against the U.S dollar on the interbank market on Monday, supported by ample dollar sales by two energy companies to some lenders. The local currency closed at 161.60 versus the dollar on the interbank market, stronger than the 162.10 to the dollar it closed at on […]
