FILE PHOTO: The Royal Dutch Shell logo is seen at a Shell petrol station in London, January 31, 2008. REUTERS/Toby Melville
LONDON (Reuters) - An Italian court acquitted Royal Dutch Shell and Italy's Eni on Wednesday of corruption in one of the oil industry's biggest court cases centred around the acquisition of a Nigerian oilfield in 2011.
Italian prosecutors alleged that most of the $1.3 billion purchase price for the licence for the offshore oilfield known as OPL 245 was siphoned off to politicians and middlemen.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
