The allegations by Global Witness and Finance Uncovered refer to the 2011 purchase by oil giants Shell and Eni of OPL245. Allegations of corruption and bribery have mounted in the years since the deal ...

A BBC investigation has uncovered allegations that energy giant Shell has ignored repeated warnings that a controversial clean-up operation of oil-polluted areas of southern Nigeria has been beset by ...

The news agency Reuters on Tuesday published a fascinating investigative story on shell companies. Such companies are often used to hide illegal assets and cloak shadowy business transactions. Oregon ...

Royal Dutch Shell, one of the largest and most profitable companies on earth has announced it is closing its pension scheme for new UK employees. This is despite having record high share prices, a ...

(MENAFN- IANS) Kolkata, Nov 25 (IANS) The Enforcement Directorate (ED) is investigating the roles of multiple shell companies behind the diversion of the proceeds of crime in the multi-crore coal ...

Shell Nigeria Exploration and Nigeria Agip Exploration have asked the Federal High Court, Abuja, to discharge the order of forfeiture on OPL 245 granted the Economic and Financial Crimes Commission ...

A Gardena man who ran a multi-year scam and defrauded lenders of nearly $1 million was sentenced Monday, May 24, to 13 and 1/2 years in prison, federal prosecutors announced. Troy Rustill Stroud, 54, ...

The allegations by Global Witness and Finance Uncovered refer to the 2011 purchase by oil giants Shell and Eni of OPL245, an offshore oil block estimated to hold 9 billion barrels of crude, for $1.3 ...