Milan Court Says Shell, Eni Not Guilty of Corruption in Nigeria Oil Case
17 März 2021 - 05:37PM
Dow Jones News
By Sarah McFarlane
A Milan court has found European oil majors Royal Dutch Shell
PLC and Eni SpA, along with its chief executive, not guilty of
bribery and corruption charges on Wednesday, in one of the energy
industry's biggest corruption cases.
Shell and Eni, along with Claudio Descalzi, who has been with
Italy's state-backed Eni for 40 years and CEO since 2014, were on
trial over a $1.3-billion payment for drilling rights in
Nigeria.
Write to Sarah McFarlane at sarah.mcfarlane@wsj.com
(END) Dow Jones Newswires
March 17, 2021 12:22 ET (16:22 GMT)
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