Green Energy, Lekoil clarify court case, insist operations unaffected

Green Energy International Limited and Lekoil Nigeria Limited have issued a joint statement addressing recent media reports surrounding a court matter linked to a commercial dispute with a service provider, stressing that the issue remains under arbitration and has not disrupted their operations. The companies explained that the dispute concerns a contractual claim currently undergoing…

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Alleged $25.5m debt: Court freezes account of Green Energy, Lekoil

The Federal High Court Lagos has ordered interim administration for Green Energy International Limited and Lekoil Oil & Gas Investments Limited following their alleged failure to repay a $25.5 million debt to a joint venture partner. Presiding judge, Ambrose Allagoa, granted the order after hearing an ex-parte application filed by H-PTP Energy Services Limited, which…

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