Royal Dutch Shell Group .com

Daily Telegraph: City briefs: Shell fine (ShellNews.net)

 

(Filed: 02/09/2004)

 

Shell has rejected a decision by the Nigerian senate requiring it to pay $1.5billion (£834m) in compensation for alleged environmental damage caused by its exploration and production activity in the Niger delta. The senate had failed to follow "due process" in imposing the fine, the oil giant said.

 

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2004/09/02/cnbul02.xml


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