US Judge Rejects Exxon, Shell Efforts To Restore $1.8bn Nigerian Arbitration Award

LAGOS SEPTEMBER 6TH (NEWSRANGERS)- – A U.S. judge on Wednesday rejected Exxon Mobil Corp’s and Royal Dutch Shell Plc’s effort to revive a $1.8 billion arbitration award against Nigeria’s state-run oil company, which stemmed from a dispute over a 1993 contract to extract oil near the African country’s coastline. U.S. District Judge William Pauley in…

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US:Power Outages Hits Parts Of Manhattan, Subways, Broadway For Hours

LAGOS JULY 14TH (NEWRANGERS)-Power outages struck much of Manhattan for five hours Saturday evening, plunging subway stations, Broadway theaters and skyscrapers in the heart of the Big Apple into darkness on the 42nd anniversary — nearly to the hour–of the 1977 blackout. Officials said some 73,000 residents were without power at the height of the…

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