Italy Judge Orders Shell, Eni To Stand Trial On Alleged Corruption In Nigeria

An Italian judge ordered oil majors Royal Dutch Shell (RDSa.L) and Eni (ENI.MI) to be tried for alleged corruption in Nigeria with Eni's CEO among current and past leaders, legal sources said. Wednesday. The judge set March 5 as the start date of the trial, sources said. All parties involved have already denied any wrongdoing. The case revolves around the purchase in 2011 of Nigeria's offshore oil block OPL-245 by Eni and Shell for about $ 1.3 billion.

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