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Nigeria’s NLNG to pay $380m to Vitol, Glencore after losing Taleveras case
Vitol and Glencore, two major commodity trading houses, will receive $380m in compensation after their gas supplier, ...
FTSE 100 Live 26 February: BP slashes green energy spending, miners drive index rally
BP shares were 2% or 6.7p lower at 430.2p, having been 1.5% higher prior to the update. Elsewhere, stronger miners and Lloyds ...
TradeWinds10h
Vitol and Glencore to bank $380m in court battle over non-delivery of Nigeria LNG cargoes
Trading giants Vitol and Glencore are to be paid $380m in compensation for the non-delivery of cargoes by Nigerian producer Nigeria LNG (NLNG). Court documents seen by Reuters showed that the English ...
TheCable21h
London court orders NLNG to pay Swiss companies $380m for breaching contract
A London court has ordered Nigeria LNG Limited (NLNG), a liquefied natural gas producer, to pay $380 million in compensation ...
businessday23h
Nigeria’s LNG loses $380m in London court over 19 undelivered cargoes
A London court has ruled that Nigeria LNG Limited, the country’s biggest gas exporter must pay $380 million to global commodity ...