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 ...
Shell PLC SHEL-N is acquiring ARC Resources Ltd. ARX-T in a US$16.4-billion deal, boosting its holdings in a basin that ...
The Nigerian government has blocked Shell's attempt to sell its onshore oil business, which significantly blows the company's plans to exit this sector. The divestment, which aimed to transfer Shell's ...