Royal Dutch Shell Plc  .com Rotating Header Image

U.K. Regulators Reviewing Criminal Probe Over Oil Benchmarks

Screen Shot 2012-11-19 at 09.32.24

Screen Shot 2013-07-15 at 16.05.05July 15, 2013: The U.K. antitrust regulator said it was reviewing whether there is enough evidence to start a criminal probe into manipulation of oil benchmarks while European Union officials conduct a civil investigation.

The U.K. Office of Fair Trading said it was working with prosecutors and regulators to determine which agency should take a lead role. The EU in May raided Platts, Royal Dutch Shell Plc (RDSA), BP Plc (BP/), and Statoil ASA (STL) as part of a civil investigation into the possible rigging of benchmark energy assessments.

To contact the editor responsible for this story: Anthony Aarons at [email protected]

SOURCE

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.