Malabu Oil

The Federal Government is studying the London High Court judgment that absolved JP Morgan in the civil suit filed against the bank on the purchase by Shell and Eni of the offshore OPL 245 oilfield in Nigeria. The judgement delivered…

The Federal Government on Tuesday re-arraigned an oil magnate, Aliyu Abubakar and seven others on a 67-count criminal charge over their alleged involvement in the disputed Oil Processing License (OPL) 245 otherwise known as Malabu Oil.…

The House of Representatives’ Ad-hoc Committee has resolved to invite ex-President Goodluck Jonathan over the alleged diversion of $1 billion. The committee is investigating the alleged corruption, malpractices, breach of due process in…

The Federal High Court sitting in Abuja on Thursday fixed July 5, 2017 to hear the preliminary objections to a suit filed by Malabu Oil and Gas Ltd against the Federal Government. Joined as defendants in the suit are the Minister of…

The Federal Government on Monday  approached a Federal High Court in Abuja with a request for guidance on whether to issue an arrest warrant against the former Attorney General of the Federation (AGF) and Minister of Justice, Mohammed Bello…

Malabu Oil and Gas Limited on Monday approached a Federal High Court in Abuja with a fresh suit challenging the re-allocation of the Oil Prospecting License (OPL) 245 otherwise known as Oil bloc to Shell Nigeria Exploration and Production…

The last might not have been heard over the Malabu Oil deal as Malabu Oil and Gas on Friday dragged the Federal Government and six others before the Federal High Court sitting in Abuja over re-allocation of OPL 245 to the Federal…

A federal high court in Abuja on Friday vacated an interim order of forfeiture granted the Economic and Financial Crimes Commission (EFCC) in respect of the Oil Prospecting License (OPL) 245 otherwise known as Oil bloc. The order granted…

Ruling on two separate applications filed by Shell Nigerian Exploration & Production Company and Nigerian Agip Exploration Limited seeking to set aside an order of forfeiture granted the Economic and Financial Crimes Commission (EFCC)…