Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Lime Rock Partners makes equity commitment to Eagle Ford-focused Athena Energy

January 15, 2026

Crude Oil Price Forecast: Volatility Tests Bullish Reversal Structure

January 15, 2026

Trump ally says Venezuela must guarantee oil assets to attract U.S. producers

January 15, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » U.S. court dismisses $58 million Nigeria lawsuit in victory for Shell
Executive Moves

U.S. court dismisses $58 million Nigeria lawsuit in victory for Shell

omc_adminBy omc_adminMay 20, 2025No Comments1 Min Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link



Law firm Haynes Boone defended The Shell Petroleum Development Company of Nigeria Limited (SPDC), now known as Renaissance Africa Energy Company (RAEC), against a $58 million lawsuit, securing a complete dismissal in the U.S. District Court for the Southern District of New York.

Nigerian contractor Forstech Technical Nigeria Limited sued SPDC under the Alien Tort Claims Act (Case: 1:24-cv-07629), claiming SPDC owed over $58 million in processing fees related to a contract between Forstech and the Bayelsa State government.

The court dismissed the suit for lack of personal jurisdiction. The court found that the claims, which focused entirely on conduct in Nigeria, lacked a sufficient connection to New York to establish jurisdiction.

Haynes Boone Associate Rebecca Schwarz led the litigation team and crafted the successful motion to dismiss. Litigation Partner Michael Mazzone and Appellate Partner Mark Trachtenberg provided additional support.

“We’re proud to have secured a clean dismissal for our client,” Schwarz said. “The court’s analysis reinforces important jurisdictional boundaries that prevent U.S. courts from becoming a forum for every international business dispute.”



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Lime Rock Partners makes equity commitment to Eagle Ford-focused Athena Energy

January 15, 2026

Coterra, Devon in talks over potential Permian mega-merger

January 15, 2026

DNV awards ModuSpec technology qualification for BOP real-time monitoring platform

January 15, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Citigroup must face $1 billion lawsuit claiming it aided Mexican oil company fraud

July 1, 20077 Views

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20075 Views
Don't Miss

Lime Rock Partners makes equity commitment to Eagle Ford-focused Athena Energy

By omc_adminJanuary 15, 2026

(WO) – Lime Rock Partners has closed an equity commitment to Athena Energy Partners, a…

Coterra, Devon in talks over potential Permian mega-merger

January 15, 2026

DNV awards ModuSpec technology qualification for BOP real-time monitoring platform

January 15, 2026

TotalEnergies partners with BluEnergies on deepwater prospect offshore Liberia

January 15, 2026
Top Trending

Rolls-Royce Appoints Former bp CSO Ivanka Mamic as New Chief Sustainability Officer

By omc_adminJanuary 15, 2026

Canaccord Acquires Energy Transition-Focused Investment Bank CRC-IB

By omc_adminJanuary 15, 2026

Microsoft Kicks Off 2026 With Flurry of Large-Scale Carbon Removal Purchase Deals

By omc_adminJanuary 15, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202510 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views

‘Looksmaxxing’ on ChatGPT Rated Me a ‘Mid-Tier Becky.’ Be Careful.

June 3, 20257 Views
Our Picks

Trump ally says Venezuela must guarantee oil assets to attract U.S. producers

January 15, 2026

ADNOC weighs Venezuela investment as XRG eyes gas projects

January 15, 2026

Hamm Says Oil Producers Need Guarantees to Work in VEN

January 15, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.