
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…