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Friday, July 19, 2013

Nigerian lawmakers Want Shell, Eni Oil Block Award Revoked

NaijaBizCom.Com
News,Business,Ideas and Opportunities
Nigerian lawmakers Want Shell, Eni Oil Block Award Revoked
Jul 19th 2013, 22:36, by Otaru Ojo

Abuja – Nigeria should revoke oil rights for which Royal Dutch Shell Plc and Eni SpA paid $1.1 billion, a parliamentary committee said, alleging that the acquisition process was "highly flawed."                     Shell and Eni jointly bought Oil Prospecting License 245 from Malabu Oil & Gas [...]

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