• Illegal oil export: Court orders Chevron, Total to defend allegations

    Illegal oil export: Court orders Chevron, Total to defend allegations

    A Federal High Court in Lagos has ordered multinational oil companies, Total E&P Nigeria Plc and Chevron Nigeria Limited, to defend the allegation by the Federal Government that they under-declared the volume of crude oil they shipped out of the country between January 2011 and December 2014.

    The Federal Government accused Total E&P Nigeria Plc of short-changing the government to the tune of $245,258,640 by allegedly shipping several barrels of crude oil out of the country without making due remittance to […]