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Posts Tagged ‘OPL245’

BusinessMagazine24.com: Eni finance boss Mondazzi under pressure over oil deals

Eni, the oil giant, will face shareholders at its annual general meeting in Rome this week amid growing resentment over the company’s performance and its involvement in a number of embarrassing scandals.

Scrutineer.biz, an activist investor website, has been following Eni’s troubles and we believe that chief financial officer Massimo Mondazzi has serious questions to answer over financial controls at Italy’s second-largest company.

This follows revelations that Eni has been caught in a number of scandals including unexplained deals with an oil trader and potential sanctions evasion. read more

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

SAHARA REPORTERS:Nigeria’s OPL 245 Scandal: One Of World’s Biggest Oil Industry Corruption Trials

Italian prosecutors accuse former and current executives of the two energy giants of paying bribes to secure the licence. In March 2019, Dutch prosecutors said they were preparing criminal charges against Shell over OPL 245.

BY SAHARAREPORTERS, NEW YORK: JUL 18, 2019

According to Reuters, one of the oil industry’s biggest corruption trials revolves around a Nigerian offshore licence known as OPL 245, which Royal Dutch Shell and Italy’s Eni bought in 2011.

Italian prosecutors accuse former and current executives of the two energy giants of paying bribes to secure the licence.

Shell and Eni, and their executives have denied the accusations and any wrongdoing.

Below are a list of legal actions that have arisen from the award of OPL 245: read more

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