EnergyWatch

Oil companies indicted in corruption case

Shell and Eni are facing a big legal case in Nigeria. A suitcase containing thousands of documents has been uncovered in Geneva, constituting the latest development in the case regarding an oil field acquisition for USD 1.3 billion.

Photo: Sunday Alamba/AP/POLFOTO/arkiv

Oil majors Shell and Eni are facing a big legal case involving corruption in relation to the purchase of an oil field in Nigeria, The Independent reports.

The case concerns the USD 1.3 billion paid by the oil companies for the oil field. According to the prosecutor, the capital was paid to former Nigerian oil minister Dan Etete, who then distributed the money in smaller portions to other persons.

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