NIGERIA Issue dated 03/02/2021

Exxon and Shell still a long way from their $2.7bn compensation over OML 133

It does not seem likely that the United States Court of Appeals for the Second Circuit will uphold the arbitral ruling given in 2014 against the Nigerian National Petroleum Corp (NNPC) in its dispute with the oil majors ExxonMobil and Shell. [...] (196 words)
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