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December 2, 2023
Cross-linked news, and information resources about petroleum corporations
July 19, 2022
Agreement with autocratic ruler to double supplies within five years comes as EU seeks to reduce reliance on Russian energy
October 2, 2021
LONDON: A new report has linked a UK Royal Air Force base with high-profile US drone strikes, including the killing of Iranian general Qassem Soleimani in January last year. The report's release has put pressure on ministers to explain whether Yorkshire’s Menwith Hill base has been directly involved in the carrying out of US drone strikes.
June 9, 2021
The EU's carbon border adjustment mechanism – or CBAM – entered with a bang last week when a draft of the EU’s upcoming new regulation was leaked to the press. The document raised as many questions as it answered, however.
April 5, 2021
Abdulrasheed Baea, EFCC Chairman More than 130 choice assets have been bought with looted funds in Dubai, United Arab Emirates (UAE), by some ex-governors, ministers and senators. These assets are among the over 800 traceable to Nigerians in the UAE, including top security and military officers. Four areas have been identified through which the nation’s resources are looted. These are Bribery and corruption, proceeds from commercial tax evasions, illicit activities engaged in by corporations...
March 17, 2021
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. Barnaby Pace, Senior Campaigner at Global Witness, said: “Todays legal verdict is a disappointme...
March 17, 2021
FILE PHOTO: A Shell logo is seen reflected in a cars side mirror at a petrol station in west London, Britain, January 29, 2015. REUTERS/Toby Melville MILAN (Reuters) - A Milan court acquitted energy company Eni, its chief executive and Royal Dutch Shell on Wednesday in the oil industrys biggest corruption case revolving around the $1.3 billion acquisition of a Nigerian oilfield a decade ago. The sentence, read out in court by judge Marco Tremolada, came more than three years after the trial...
March 17, 2021
The oil giants were acquitted Wednesday by an Italian court in what has been called the oil industry’s biggest corruption scandal, involving a $1.3 billion deal over an offshore oil field in Nigeria. (CN) — An Italian court on Wednesday acquitted Royal Dutch Shell, Italian energy giant Eni and their former and current oil executives in a massive corruption scandal involving a lucrative offshore Nigerian oil field. The trial was described as the oil industry’s biggest corruption case and c...
March 17, 2021
ABC News Turn on desktop notifications for breaking stories about interest? OffOn Shell, Eni acquitted in Nigeria oil corruption case A court in Milan has acquitted oil giants Shell and Italyâs Eni of corruption charges in a $1.1 billion bribery case involving control of a lucrative Nigerian oil block ByThe Associated Press ⢠2 min read MILAN -- A court in Milan on Wednesday acquitted oil giants Shell and Italyâs Eni of corruption charges in a $1.1 billion bribery case involving...
March 15, 2021
The CEO of Italian energy giant Eni was granted access to commissioners and EU officials to push for gas in the bloc's energy transition - while being on trial in an alleged billion-dollar corruption scandal.