$1.3bn Malabu Oil Scandal: Shell to Face Fresh Criminal Charges in Netherlands

$1.3bn Malabu Oil Scandal: Shell to Face Fresh Criminal Charges in Netherlands

Posted on March 2, 2019 Authornewsheadline247

Dutch prosecutors are preparing criminal charges against Royal Dutch Shell over its $1.3 billion acquisition of Nigerian offshore oilfield OPL 245 in 2011. Shell said in a statement on its website that it had been informed by the Dutch Public Prosecutor’s Office (DPP) that it had nearly concluded its investigation and is preparing to prosecute

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Nigeria slams $1.1bn suit against Shell, Eni in London court over oil deal

Nigeria slams $1.1bn suit against Shell, Eni in London court over oil deal

Posted on December 14, 2018 Authornewsheadline247

The Nigerian government has reportedly dragged Royal Dutch Shell and Eni to a commercial court in London over oilfield deal. According to the lawyers of the Nigerian government, a $1.1 billion lawsuit had been filed against Royal Dutch Shell and Eni in a commercial court in London on Thursday in relation to a 2011 oilfield

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Malabu Scandal: Trial of nine Shell, Eni executives commences June 20

AGENCY REPORT, BUSINESS

Malabu Scandal: Trial of nine Shell, Eni executives commences June 20

May 21, 2018

The trial of nine current and former executives or contractors from Italy’s Eni and British-Dutch giant Royal Dutch Shell, including ENI Chief Executive Claudio Descalzi, over a 1.3 billion dollars oil deal in Nigeria, will begin in Milan on June 20.

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Malabu Scandal: After telling lies for years, Shell admits it knew Etete would benefit from $1.1 billion

Premium Times>>> After repeated denials in various countries, Anglo-Dutch oil giant, Royal Dutch Shell, on Monday finally admitted it had foreknowledge that the $1.3 billion itself and ENI paid to Nigerian government for the OPL 245 oil block licence would ultimately be used to settle convicted former Minister of Petroleum, Dan Etete.