Malabu Oil Scandal: FG asks SHELL, ENI to pay $1.92bn damages

The Federal Government asked a Milan court on Wednesday to order Eni and Royal Dutch Shell to pay $1.09bn as an immediate advance payment for damages it is claiming in one of the oil industry’s biggest-ever corruption trials. Shell and Eni jointly acquired the rights to Oil Prospecting Licence 245, a Nigerian offshore oil block, … Continue reading Malabu Oil Scandal: FG asks SHELL, ENI to pay $1.92bn damages