Nigeria triumphs as London Court rejects P&ID's $11 billion appeal The Process and Industrial Development (P&ID) has lost its final appeal against Nigeria in an eleven-billion-dollar arbitration case. P&ID sought to overturn an October judgment by a London High Court that halted the enforcement for damages over a failed gas processing project. The High Court had earlier ruled in October that the British Virgin Islands-based company paid bribes to a Nigerian oil ministry official in connection with the gas contract signed in 2010 and failed to disclose this when it took Nigeria...