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SHELL AGREES TO $84M SETTLEMENT FOR NIGER DELTA OIL SPILL

01/12/2015

Royal Dutch Shell and residents of the Bodo community in the Niger Delta have reached an $84 million settlement agreement for the harm caused by two oil spills in 2008 and 2009. Both spills came from the Trans Niger Pipeline and together affected thousands of hectares of mangrove in the region. The settlement comes after three years of litigation and also imposes cleanup requirements on Shell. About 15,600 local fishermen will receive $3,300 each, with the remaining $30 million going to the community as a whole. For the full story, see http://www.bbc.com/news/world-30699787.