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{"id":12900,"date":"2014-04-17T02:10:12","date_gmt":"2014-04-17T02:10:12","guid":{"rendered":"http:\/\/www.seonewswire.net\/2014\/04\/nigerian-oil-company-sues-rivals-in-texas-state-court-alleging-tortious-interference\/"},"modified":"2014-04-17T02:10:12","modified_gmt":"2014-04-17T02:10:12","slug":"nigerian-oil-company-sues-rivals-in-texas-state-court-alleging-tortious-interference","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2014\/04\/nigerian-oil-company-sues-rivals-in-texas-state-court-alleging-tortious-interference\/","title":{"rendered":"Nigerian Oil Company Sues Rivals in Texas State Court, Alleging Tortious Interference"},"content":{"rendered":"

A Nigerian oil company has filed a lawsuit in Texas state court, claiming that competing companies spread false information to derail a $1 billion lease offer the company made to Chevron.<\/p>\n

Brittania-U Nigeria Ltd. said that after its bids had been accepted by Chevron, Belema Oil Producing Ltd., Amni International Petroleum Development Co. Ltd. and principals of those companies told executives from Chevron that Brittania-U did not have the resources necessary to complete the deal. The lawsuit alleges that the companies’ actions caused Chevron to repudiate its contract with Brittania-U and sell the leases to Belema, Amni and Seplat Petroleum Development Co.<\/p>\n

According to the lawsuit, Chevron’s cancellation of the deal with Brittania-U caused the company to lose the benefit of the contract and any future earnings from the exploration of the leases. In addition, the company claimed that its other business interests suffered due to the time spent pursuing the Chevron bidding (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A Nigerian oil company has filed a lawsuit in Texas state court, claiming that competing companies spread false information to derail a $1 billion lease offer the company made to Chevron. Brittania-U Nigeria Ltd. said that after its bids had…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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