Shell or the Royal Dutch Shell plc, a British-Dutch oil, and gas company headquartered in The Hague, Netherlands, is set to pay $111 million or around £80 million for the oil spill that happened 50 years ago, in the 1970s.
The company’s Nigerian unit will be paying the local community to solve the long-running conflict over the incident. According to BBC News, the group’s lawyer, Lucius Nwosa, said that the oil giant will compensate the Ejama-Ebubu people with the said amount to officially end the legal dispute that began in 1991.
He added that on Wednesday, Aug. 11, Shell approached the Nigerian court to inform it about the latest development regarding the case. It was said that the compensation will mark the full and final settlement to the Ejama-Ebubu community for the oil spill during the Biafran War in 1967-70.
"They ran out of tricks and decided to come to terms," Nwosa said. "The decision is a vindication of the resoluteness of the community for justice."
Prior to Shell’s agreement to pay, the Nigerian court imposed a fine on the company in 2010 amounting to $41.36 million. However, this was not settled at that time, and it instead filed numerous appeals that were all unsuccessful.
Shell continued to say that the damage was caused by third parties and not them. In an attempt to clear the case, Shell also started international arbitration at the start of this year and said that it was not given a chance to defend itself against the allegations.
In any case, the dispute has been ongoing for decades because the pollution from the oil spill due to leaking oil pipelines continues to be a big problem in Nigeria, in the Niger Delta, to be more specific.
Meanwhile, DW reported that the Movement for the Survival of the Ogoni People (MOSOP) stated that they see the offer of compensation from Royal Dutch Shell as confirmation of the issues that the movement raised about the oil firm’s environmental devastation of Ogoni. Nnimmo Bassey, an Ogoni environmental activist, lauded the community that was affected by the oil spill as they did not give up the fight, and now they have claimed justice.
"The extent of pollution in the Niger Delta is massive and having to wait for 30 years before the case is ended has tried the patience of the people,” he said. “We really have to applaud the people for this."


Asian Currencies Trade Flat as Dollar Retreats After Fed Decision
Google Disrupts Major Residential Proxy Network IPIDEA
Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S.
OpenAI Reportedly Eyes Late-2026 IPO Amid Rising Competition and Massive Funding Needs
Oil Prices Hit Four-Month High as Geopolitical Risks and Supply Disruptions Intensify
Volkswagen CEO Oliver Blume Faces Crucial Year as Investors Demand Turnaround Results
Asian Stocks Waver as Trump Signals Fed Pick, Shutdown Deal and Tech Earnings Stir Markets
Tesla Q4 Earnings Beat Expectations as Company Accelerates Shift Toward AI and Robotics
Dollar Struggles as Policy Uncertainty Weighs on Markets Despite Official Support
Thailand Moves to Regulate Gold Trading to Curb Baht Strength and Support Economic Growth
U.S. and El Salvador Sign Landmark Critical Minerals Agreement to Boost Investment and Trade
American Airlines Plans Return to Venezuela Flights After U.S. Lifts Ban
Woodside Energy Flags Lower 2026 Production Outlook Despite Strong Q4 Revenue Beat
Puma’s Historic Rivalry With Adidas Enters a New Era as Anta Deal Signals Turnaround Push 



