LAGOS MARCH 18TH (NEWSRANGERS)-A Milan court acquitted energy company Eni, its chief executive and Royal Dutch Shell on Wednesday in the oil industry’s biggest corruption case revolving around the $1.3 billion acquisition of a Nigerian oilfield a decade ago. The sentence, read out in court by judge Marco Tremolada, came more than three years after…
LAGOS FEBRUARY 11TH (NEWSRANGERS)-In what appears to be a brewing scandal, Shell Petroleum Development Company, SPDC, a subsidiary of Royal Dutch Shell, has balked and admitted to under-reporting the volume of crude oil it takes out of Nigeria’s oil-rich Niger Delta and shortchanging the federal government in the process, THEWILL can authoritatively report. Two authoritative…
LAGOS FEBRUARY 3RD (NEWSRANGERS)-The nternational corruption case against Eni, Shell and some officials of the companies resumed in Milan Court today. Public prosecutors responded to conclusions by defense lawyers from previous hearings. The trial is about to come to an end and a court judgment is expected on March 17, 2021. Despite opposition by the…
LAGOS JANUARY 30TH (NEWSRANGERS)-Environmental Rights Action/Friends of the Earth, Nigeria (ERA/FoEN) has applauded the decision of a Dutch Court of Appeal in favour four Bayelsa farmers impacted by oil spills. Dutch court on Friday ordered the Nigerian subsidiary of Shell to pay compensation over oil spills in Bayelsa. The Court of Appeal in The Hague …