Nigeria’s Supreme Court Upholds Shell Appeal in Pollution Case

Nigeria’s Supreme Court upheld an appeal by Shell Plc’s local unit against a ruling related to a pollution case that’s prevented the oil major from selling billions of dollars of assets in the country, people with knowledge of the matter said.

Shell Petroleum Development Co. of Nigeria Ltd. was issued a court order in 2022 preventing it from divesting the assets pending the outcome of the case. Its parent company subsequently paused the disposal of its onshore oil operations.

Full details of the judgment, which was issued verbally on Friday, will be set out in writing in seven days, ...