Malabu Oil Scandal: Shell, Eni Trial Begins, Adjourned To June

The legal battle involving top executives from two oil giants, Eni and Shell, over alleged corruption in Nigeria started on Monday but was adjourned to next month after a brief procedural hearing. The trial, which was initially scheduled to begin on March 5, 2018 in a Milan court, was postponed till May 14 and transferred…

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Shell Fund Supports Nigerian Contractors With N472 Billion Loans

Some 290 Nigerian contractors have received loans worth more than N472 billion under the Shell Contractor Support Fund, which was set up by Shell companies in Nigeria to help vendors and suppliers in the oil and gas industry secure funds at reduced interest rates, relaxed collateral requirements and quicker processing time. Also, Shell Companies in…

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