Shell, Villagers Agree to $83.5 Million for Huge Oil Spill

January 7, 2015 12:31 AM

6 0

Oil giant Shell has agreed to pay a Nigerian fishing community 55 million pounds (about $83.5 million) for the worst oil spill ever suffered in Nigeria.

Wednesday's agreement ends a three-year legal battle in Britain over two spills in 2008 that destroyed thousands of hectares (acres) of mangroves and the fish and shellfish that sustained villagers of the Bodo community in Nigeria's southern Niger Delta.

Read more

To category page