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, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

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Your email address will not be published.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.