# Neconde Energy

2 articles tagged

Nestoil and Owners Face Setback as Appeal Court Dismisses Their Legal Representatives

On January 23, 2026, the Court of Appeal ruled against Nestoil Limited and Neconde Energy Limited, disallowing their legal counsel amidst a major debt recovery case with banks, leaving the companies without legal representation.

Jan 23, 20267 min read

Business

Glencore and Others File Lawsuit Against First Bank Trustees Over Alleged Illegal Takeover of Neconde's OML 42

A group of international lenders has initiated legal action against First Bank Trustees, alleging unauthorized receivership and the wrongful creation of security over Neconde's OML 42 oil asset.

Jan 22, 20268 min read

First Bank Glencore Lawsuit