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Acquittal of Eni and Shell in Nigeria case faces legal challenge

REUTERS

Acquittal of Eni and Shell in Nigeria case faces legal challenge

MILAN, July 29 (Reuters) – Italian prosecutors and the Nigerian government have appealed the acquittal of Eni (ENI.MI) and Shell (RDSa.L), as well as a series of past and present managers, in a Nigerian corruption case, according to a document seen by Reuters.

Reporting by Emilio Parodi; Additional reporting by Ron Bousso and Stephen Jewkes; Editing by Agnieszka Flak and Mike Harrison FULL ARTICLE
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Big Oil’s filthy legacy in the Niger Delta region of Nigeria

Image from Amnesty International UK

IMAGE SOURCE: Slick PR can’t disguise Shell’s devastating oil pollution in Nigeria

ARTICLE FROM THE NEW YORK TIMES

The Fisherwomen, Chevron and the Leaking Pipe

Oil companies like Chevron, Shell and Eni have made billions in profits in the vast Niger Delta region in the last decades. But now some are pulling out — and they are leaving utter ruin in their wake, according to government monitors and environmental and human rights organizations. The delicate ecosystem of the Niger Delta, once teeming with plant and animal life, is today one of the most polluted places on the planet. read more

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Italian court acquits two in Nigeria oil graft case

REUTERS

Italian court acquits two in Nigeria oil graft case

BY REUTERS STAFF: JUNE 24, 2021

MILAN (Reuters) – An Italian appeals court on Thursday overturned jail sentences handed down to Nigerian Emeka Obi and Italian Gianluca Di Nardo for their part in a graft case involving Eni and Shell in Nigeria.

In a decision taken behind closed doors but read out to reporters afterwards, the three judges quashed the convictions and said there was no case to answer.

The prosecution itself had asked for the sentences to be overturned after a court in March acquitted the two energy groups in a long-running case revolving around the acquisition of a Nigerian oilfield for about $1.3 billion. read more

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Italy orders inquiry into Eni-Shell Nigeria corruption prosecutors

REUTERS

Italy orders inquiry into Eni-Shell Nigeria corruption prosecutors

MILAN, June 15 (Reuters) – Italy’s justice ministry ordered an inquiry on Tuesday into the conduct of two prosecutors in a corruption case involving energy groups Eni (ENI.MI) and Shell (RDSa.L) in Nigeria.

Milan’s top prosecutor said last week that he backed the two men, after a trial lasting more than three years.

Reporting by Emilio Parodi; Writing by Stephen Jewkes; Editing by Crispian Balmer and Alexander Smith read more

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Nigeria: Malabu Scandal – OPL 245 Licence Expires

PREMIUM Times

Nigeria: Malabu Scandal – OPL 245 Licence Expires

By Oladeinde Olawoyin: 26 MAY 2021

The expiry of the licence returns control of the oil field to the Nigerian government.

The licence for the controversial Nigerian offshore OPL 245 oil block has expired, PREMIUM TIMES has learnt.

According to civil society campaigners Global Witness, Eni confirmed the development in response to questions at their 2021 annual general meeting.

The organisation added on Wednesday that the expiry of the licence returns control of the oil field to the Nigerian government. read more

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Judge calls for more JP Morgan disclosure in OPL 245 case

Judge calls for more JP Morgan disclosure in OPL 245 case

JP Morgan must provide more documents to Nigeria, as the two sides duke it out over payments in connection to the OPL 245 scandal.

JP Morgan must provide more documents to Nigeria, as the two sides duke it out over payments in connection to the OPL 245 scandal.

Justice Calver handed down a judgement this morning, following a hearing that took place on May 5.

Nigeria welcomed the ruling. A representative said JP Morgan had been required “to disclose documents from 5 further senior executives and compliance officers at the bank who were involved in signing off on US$875 million of fraudulent payments in connection with the OPL 245 scandal and in US compliance investigations carried out shortly before the bank decided to pay out anyway”.

The bank should give a “clear and unambiguous account of exactly how the decisions to make these huge payments were made when it was on notice that to pay out risked its customer, Nigeria, being defrauded,” the representative continued.

“Justice will be sought for the people of Nigeria, who will be pleased the trial will begin early next year.”

Calver’s ruling set out a number of searches JP Morgan must carry out. Among those named to comply with the order are Pamela Johnson, Lester Pataki and John Gibbons, high-ranking executives at the bank. read more

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JPMorgan Memo Warned $875 Million Nigeria Payment Was Graft Risk

JPMorgan Memo Warned $875 Million Nigeria Payment Was Graft Risk

By Jonathan Browning: 7 May 2021, 08:00 BST Updated on 7 May 2021, 08:29 BST

European and Nigerian courts have been raking over the purchase by Eni SpA and Royal Dutch Shell Plc of the oil license in Africa’s largest crude producer a decade ago. While the energy giants were recently acquitted of corruption charges in Milan in a decision prosecutors could appeal, Nigeria’s government is continuing to seek compensation from JPMorgan. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell treads ‘narrow path’ as scrutiny of Big Oil’s climate targets intensifies

Shell treads ‘narrow path’ as scrutiny of Big Oil’s climate targets intensifies

Author Yannic Rack: 22 April 2021

Oil and gas majors are under growing scrutiny to deliver on their climate pledges, with some investors and industry analysts still unconvinced that their transition can both deliver shareholder value and make a meaningful dent in reducing the pollution caused by their products.

Royal Dutch Shell PLC presented a strengthened climate plan to its shareholders in February, acknowledging for the first time that it will need to eliminate or offset all of its emissions — including those generated when its fuels are burned, which make up the bulk — to reach its 2050 net-zero goal. read more

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Nigeria: OPL 245 – Eni Threatens Legal Action Against Heda, Others for Defamation

Nigeria: OPL 245 – Eni Threatens Legal Action Against Heda, Others for Defamation

By Peter Uzoho: April 14, 2021

The Italian oil major, Eni, has threatened to take legal action against the Human and Environmental Development Agenda (HEDA) and other critics for allegedly defaming the company over the Milan Court’s ruling on the Oil Prospecting Lease (OPL) 245 case.

Eni, in a statement that was issued yesterday in Abuja, said it found it shocking and contrary to any principle of law that the HEDA had ignored all the facts in the Milan judgment and went about defaming the organisation, its management and the Italian Court. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Ensure Shell, Eni Face Prosecution In Nigeria, Group Tells Buhari

Ensure Shell, Eni Face Prosecution In Nigeria, Group Tells Buhari

Eni and Shell have been dragged to court in Milan, Italy over alleged cases of corruption in relation to the OPL245.

BY SAHARAREPORTERS, NEW YORK APR 12, 2021

An anti-corruption group, Human and Environmental Development Agenda, (HEDA Resource Centre) has urged President Muhammadu Buhari to ensure the oil giants, Shell and Eni, face prosecution in Nigeria.

The group, in a letter addressed to Buhari, advised the President to ignore public statements by the oil company, Eni, that the trial the company had faced in Italy should substitute for any other possible legal action in Nigeria. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Drumcliffe’s involvement in the OPL 245 case

Drumcliffe’s involvement in the OPL 245 case

A new side to the OPL 245 case has emerged in the state of Delaware, which has the most lenient corporate laws in the United States.

The Nigerian government enlists help from US offshore fund

According to open and undisputed sources , the federal government of Nigeria commissioned the Lagos-based law firm Johnson & Johnson, whose principal partner is Babatunde Olabide Johnson, to represent it in the lawsuit filed against Eni and Shell in Italy and other countries. Johnson & Johnson is reported to have drawn up an agreement for the covering of legal costs with the American firm Poplar Falls, founded in 2016 in Delaware by Maryland-based offshore fund Drumcliffe Partners, which specialises in financing lawsuits for debt recovery. read more

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Shell Plans To Double Down On Strengths As A Retailer In New Net-Zero World

Shell Plans To Double Down On Strengths As A Retailer In New Net-Zero World

Scott Carpenter Scott Carpenter Green Tech: Mar 29, 2021 I cover the energy industry, focusing on climate and green tech

Anglo-Dutch oil giant Royal Dutch Shell’s plan to reach net zero emissions by 2050, unveiled last month, focuses heavily on selling low-carbon electricity, biofuels and hydrogen directly to households and electric vehicle owners.

The strategy marks a contrast with that of other European oil majors, who in their own plans to reach net-zero emissions have vowed to accumulate vast amounts of renewable power generation capacity in the form of wind and solar assets. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

OPL 245: Eni, Shell must face corruption charges in Nigeria, CSOs tell FG

OPL 245: Eni, Shell must face corruption charges in Nigeria, CSOs tell FG 

A coalition of civil society organisations has urged the federal government to press corruption charges against Eni, Shell, and other defendants involved in the OPL 245 deal.

This comes after an Italian court acquitted Shell, Eni and other defendants of corruption charges in the OPL 245 deal.

In a letter addressed to President Muhammadu Buhari, the CSOs said there would be no risk of double jeopardy due to the differences between legal systems in Italy and Nigeria. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Tunisia faces exodus of Western oil giants

Tunisia faces exodus of Western oil giants

LONDON (Reuters) – Royal Dutch Shell and Italy’s Eni are seeking to sell their oil and gas operations in Tunisia, industry sources said, as the North African country struggles to attract new investments following years of political instability.

Shell has hired investment bank Rothschild & Co. to sell its Tunisian assets, which include two offshore gas fields and an onshore production facility the Anglo-Dutch company acquired as part of its 2016 $53 billion takeover of BG Group, the sources told Reuters. read more

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Shell and Eni verdict: Not the final word on the OPL 245 scandal

“Two middlemen have already been found guilty for their role in this deal in a separate trial. A criminal trial of Shell and Eni’s Nigerian subsidiaries is ongoing in Nigeria while they also face an investigation in The Netherlands where Shell has said they expect to face criminal charges. Today’s verdict does not mark the final word in this scandal for Shell and Eni.”

Shell and Eni verdict: Not the final word on this scandal

NGOs and activists are today disappointed and outraged as Shell and Eni – two of the worlds biggest polluters – were found not guilty of corruption relating to the purchase of a Nigerian oilfield, in a Milan trial. Global Witness urges the prosecution to consider all options to appeal this verdict and continues to follow ongoing criminal investigations into the case in Nigeria and the Netherlands. read more

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All Eyes on Nigerian Economic and Financial Crime Commission After Italian Court Decided OPL 245

All Eyes on Nigerian Economic and Financial Crime Commission After Italian Court Decided OPL 245

March 22, 2021

The acquittal of Eni, Royal Dutch Shell and their officials in the Malabu Oil and Gas deal by an Italian Court last Thursday has thrown up fresh call on the Economic and Financial Crime Commission on the need to have a rethink on its ongoing prosecution here in Nigeria. Davidson Iriekpen writes

After more than three years and a total of 74 hearings, an Italian court sitting in Milan last Thursday acquitted energy companies, Eni and Royal Dutch Shell along with a series of past and present managers, including Eni Chief Executive, Claudio Descalzi in one of the oil industry’s biggest corruption scandals. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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