Home » Oil Giant

Oil Giant

UN: Close to 10,000 Mozambicans fleeing violence forcibly removed from Tanzania

Almost 10,000 Mozambicans have been forcibly removed from Tanzania so far this year after fleeing a deadly Islamist insurgency in their homeland, a spokesperson for the U.N. refugee agency said on Friday. Mozambique’s northern-most province of Cabo Delgado has been the focus of an insurgency linked to Islamic State since October 2017, but the conflict began gathering pace last year with militants regularly seizing and holding key towns. That culminated in an attack on the town of Palma in March, which killed dozens, displaced 70,000 according to the UNHCR and forced oil giant Total to halt its nearby $20 billion gas project. Many people headed north to the Tanzanian border, but were rejected, or were admitted then returned via a different border post hours inland. UNHCR spokesperson Babar ...

Court refuses to unblock Shell’s bank accounts

Getty Images Justice Oluremi Oguntoyinbo of the Federal High Court in Lagos on Tuesday declined to vacate an interim injunction directing 20 banks to block Shell Petroleum Development Company of Nigeria (SPDC) and its subsidiaries’ bank accounts. The court also insisted that two of the banks’ secretaries and chief financial officers accused of disobeying the order made on January 25, 2021 must appear before it on March 29, 2021. The affected banks and their officials are: Citi Bank Ltd, its Company Secretary Sola Fagbure and Chief Financial Officer, Sharaf Mohammed; United Bank For Africa (UBA) Plc, its Company Secretary Bill Andrew Odum and Chief Financial Officer, Ebenezer Kolawole. The judge threatened to issue a warrant of arrest against them if they failed to appear before her on the ...