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Legal News in Nigeria

NNPC Denies Minister's Allegation of Poor Transparency
10/9/2017 - Nigeria’s state oil company said allegations by the oil minister that the conduct of its group managing director lacked transparency were baseless, as a public rift between the firm and the ministry w...
Nigerian Lawmakers to Probe NNPC Corruption Allegations
10/5/2017 - Nigerian lawmakers have set up a committee to investigate allegations of corruption at the state oil company contained in a letter from the minister of state for petroleum. In the letter from Emmanuel...
Nigerian Minister Questions $24 Billion Oil Deals
10/4/2017 - Nigeria’s oil minister sent a letter to President Muhammadu Buhari listing at least $24 billion of contracts involving the state oil company that he said were never discussed with him or the firm’s bo...
Nigeria's Aims to Diversify as 'Era of Oil Booms' Ends
7/26/2017 - Nigeria plans to cut its oil exploration costs and move away from reliance on crude for export revenues, according to a national petroleum policy approved by the federal executive council this week. A...
Nigeria Cabinet Approves National Gas Policy
7/5/2017 - Nigeria's cabinet has approved a national gas policy that aims to reduce the country's dependence on crude oil by increasing gas exploration and facilities, the oil ministry said in a statement. The p...
Nigeria's Senate Passes Long-Awaited Oil Governance Bill
5/25/2017 - Nigeria's Senate passed a long-awaited oil governance bill which the president of parliament's upper chamber said would improve transparency in the OPEC member's energy industry and stimulate growth i...
Nigeria's Military Destroys 13 Illegal Oil Refineries
4/13/2017 - Nigeria's military had destroyed 13 illegal refineries in the restive Niger Delta oil hub, in an operation in which two soldiers died in clashes with "sea robbers". Military authorities say there are ...
Seven to Protect its Rights under the SAA with NPDC
3/20/2017 - Seven Energy Finance Limited, with its parent company Seven Energy International Limited (Seven Energy), the leading integrated gas company in south east Nigeria, with upstream oil and gas interests i...
Nigeria Files New Charges against Shell & Eni over 2011 Oil Field Purchase
3/2/2017 - Nigeria's financial crime watchdog has filed new corruption charges against Royal Dutch Shell, Eni and others regarding the $1.3 billion purchase of a long-disputed oilfield in 2011, according to cour...
Nigerian Lawmakers to Investigate $17b Subsidies Received by NNPC
3/1/2017 - Nigeria's upper house of parliament will investigate allegations the state oil company illegally inflated funds it collected from an official subsidy scheme to 5.1 trillion naira ($17 billion) between...
Nigerian Court to Rule on Shell & ENI Dispute with Authorities
2/28/2017 - A Nigerian court will rule on March 13 on a request by Royal Dutch Shell and Italy's Eni to lift the temporary seizing of a long-disputed oilfield, a judge said. The court last month ordered the tempo...
Nigerian Senate Aims for March Final Reading of Oil Governance Bill
2/21/2017 - Nigeria's senate aims to present an oil governance bill for its third and final reading by the end of March, a leading senator said, as part of a series intended to overhaul the oil sector. The legisl...
Eni Backs CEO after Prosecutors Ask for Trial over Nigeria
2/8/2017 - Italian oil major Eni has backed CEO Claudio Descalzi after sources said prosecutors had asked for him to be sent to trial over alleged corruption in Nigeria. "The Board of Directors confirms its tota...
Nigeria Court Orders Temporary Forfeiture of Shell
1/26/2017 - A Nigerian court has ordered the temporary forfeiture of assets and the transfer of operations of a long-disputed oilfield owned by Shell and Eni, among others, to the federal government, court papers...
Shell's Attorneys Ordered to Give Nigerian Activist's Widow Files
1/12/2017 - The widow of an activist executed after protesting against Royal Dutch Shell's oil production in Nigeria has won access to legal documents for use in a legal case for damages against the oil giant tha...
Shell Battles Nigerian Communities in High-stakes London Lawsuit
1/6/2017 - A court in London will decide in coming weeks whether Royal Dutch Shell can face trial in the UK over oil spill allegations in Nigeria, a decision some legal experts predict could attract more cases a...
Nigeria Oil Sales Should be Centralised in Sector Overhaul
12/7/2016 - Nigeria's oil sales should remain the sole responsibility of one company rather than be split between two agencies as a draft of the country's long-awaited petroleum bill proposes, the head of state o...
Panoro Energy Updates OML 113 Arbitration Proceedings
12/6/2016 - Panoro Energy ASA (Panoro) provides an update on the OML 113 dispute with its joint venture partners. The Company, through its fully owned subsidiary, Pan Petroleum Aje Limited (PPAL), holds 6.502% pa...
Panoro Energy ASA Updates OML 113
12/5/2016 - Panoro Energy ASA (Panoro) is in disagreement with its joint venture partners in OML 113 in Nigeria regarding a cash call default notice. Panoro has initiated legal proceedings and intends to initiate...
Panoro Energy Announces Corporate Update
12/2/2016 - Panoro Energy ASA (Panoro) is currently in disagreement with its Joint-Venture Partners in OML 113 in Nigeria and intends to initiate arbitration and legal proceedings to protect its interests. The Co...

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