Oil & Gas - Energy - Commodities - Resources (OILBRENT)

[eFinanceMarkets]

$RDS.A The Court of Appeal in London rules two Nigerian communities cannot pursue Royal Dutch Shell (RDS.A, RDS.B) in U.K. courts over oil spills in Nigeria’s Delta region.

The decision upholds a High Court ruling last year that English courts do not have jurisdiction over claims against Shell’s Nigerian subsidiary.

The case is considered significant in determining whether multinational companies can face legal action in England over their subsidiaries’ actions abroad.