Shell to pay out £55m in compensation for Nigeria oil spills in 2008
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
London
ROYAL Dutch Shell will pay out £55 million (S$111 million) in compensation for two oil spills in Nigeria in 2008 after agreeing a settlement with the affected community.
The largest ever out-of-court settlement relating to oil spills in Nigeria is a step forward for the oil-rich Niger Delta region that has been hit by regular environmental damage, but it is tiny compared with the billions in compensation and fines BP had to pay after the Macondo rig disaster in the Gulf of Mexico in 2010.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
