Thursday 31 March 2016

SHELL PROBED IN ITALY OVER $1.1BN NIGERIAN SCANDAL

Italian prosecutors are investigating Royal Dutch Shell as part of a probe into the acquisition of an offshore oil field in Nigeria, the Anglo-Dutch company said on Wednesday.
 
Oil Prospecting Licence 245 was said to have been purchased in 2011 by Shell and Eni for $1.3bn. But corruption scandal has continued to trail the transaction.
 

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