• Contact Us
  • About Us
Sunday, September 13, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Energy

Italy judge expected to rule on Eni, Shell indictment over Nigeria on Dec. 20

metro by metro
October 31, 2017
in Energy
0
Shell
0
SHARES
0
VIEWS
Shell Oil

An Italian judge is expected to decide on December 20 whether to send oil majors Eni and Shell to trial over alleged corruption in Nigeria, two legal sources said on Tuesday.

Milan prosecutors have asked for the two companies and some past and present managers, including current Eni CEO Claudio Descalzi, to be indicted in a case revolving around the purchase of a Nigerian oilfield in 2011.

Read Also

NERC Orders DisCos To Channel 60 Percent Operational Revenue Into CapEx

CPMZ launches major expansion of strategic Southern African fuel corridor

Double Whammy As DisCos Fail To Collect N669.5bn Billed Electricity Charges Amid Nigerians Sitting In Darkness

A judge must now rule whether to press charges or dismiss the case.

The Italian inquiry is one of several under way into the acquisition of the OPL-245 field for about $1.3 billion, including current cases in the Netherlands and Nigeria.

Under Italian law a company can be held responsible if it is deemed to have failed to prevent, or attempt to prevent, a crime by an employee that benefited the company.

On Tuesday a court in Milan decided to wrap a strand of the investigation involving three former Shell managers and current Shell Foundation chairman Malcolm Brinded into the main inquiry, the sources said.

All the parties involved have denied any wrongdoing.

Tags: EniShell
Previous Post

FG saves $2m annually from local cement production

Next Post

Nigeria’s Access Bank eschews M&A in Ghana growth strategy

Related Posts

NERC Threatens Tougher Sanctions Against DisCos Over Low Power Supply
Energy

NERC Orders DisCos To Channel 60 Percent Operational Revenue Into CapEx

September 7, 2026
Economic Development

CPMZ launches major expansion of strategic Southern African fuel corridor

September 3, 2026
NERC Threatens Tougher Sanctions Against DisCos Over Low Power Supply
Energy

Double Whammy As DisCos Fail To Collect N669.5bn Billed Electricity Charges Amid Nigerians Sitting In Darkness

August 27, 2026
IEA Cuts 2026 Oil Demand Forecast Again As Hormuz Remains Shut
Energy

IEA Cuts 2026 Oil Demand Forecast Again As Hormuz Remains Shut

August 12, 2026
Next Post
Access Bank

Nigeria's Access Bank eschews M&A in Ghana growth strategy

Houthi Advance In Yemen Puts U.S. In New Bind

Houthi Advance In Yemen Puts U.S. In New Bind

September 12, 2026
FG Insists King’s College Not Sold As Education Unions Suspend Resumption Nationwide

FG Insists King’s College Not Sold As Education Unions Suspend Resumption Nationwide

September 12, 2026
COAS Shaibu: Yesterday’s Solitions May Not Address Tomorrow’s Security Threats

COAS Shaibu: Yesterday’s Solitions May Not Address Tomorrow’s Security Threats

September 12, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version