Nigeria orders Statoil to set aside oil proceeds
Tom Burgis in Abuja and Carola Hoyos in London, Financial Times , 26 Feb 2010A Nigerian court has ordered Statoil to set aside all revenues from its stakes in a huge oil field following a claim from a local businessman who told the Financial Times that the Norwegian energy group owes him a share of the profits.
The order was made without notice to Statoil and is temporary, pending a further hearing on 10 March. ... Read full article

