09 November 2016, Lagos – The Federal Government has reached an outline settlement to resolve a protracted dispute with Western energy companies, under which the groups will be paid $5bn to cover exploration and production costs. Royal Dutch Shell, ExxonMobil, Eni, Chevron and Total have signed deals relating to the settlement of costs incurred between 2010 […] More »
Govt to settle $5bn JV debt with crude oil
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