Sentences with phrase «oil deal»
«Eni and its staff are already under investigation for oil deals in Algeria, Nigeria and Italy.
globalwitness.org
In 2004, the SFO started an investigation into suspected accounting irregularities relating to BAE and a government to government deal struck in 1985: Britain signed the Al - Yamamah arms for oil deal with Saudi Arabia, the biggest ever UK export contract involving the sale of 120 Tornado fighter jets.
Why has former President Goodluck Jonathan not appeared before your committee probing the Malabu oil deal scandal?
Abuja, Nigeria — A major oil deal struck by ExxonMobil with the Nigerian Government is being investigated by Nigeria's Economic and Financial Crimes Commission, a law enforcement agency that investigates high - level corruption, Global Witness reveals today.
The Minister of Justice and Attorney - General of the Federation, AGF, Mr. Abubakar Malami, SAN, has stated that there was insufficient evidence to convict his predecessor, Mohammed Adoke, former minister of Petroleum Resources, Mrs Diezani Alison - Madueke, and former Finance minister, Olusegun Aganga, over the $ 1.092 billion Malabu oil deal scandal.
An alternative price for the 2012 deal of $ 150 million has been published in a Congolese news magazine — although significantly lower than the $ 194 million under the H Oil deal, this would still have been 300 times the amount Nessergy paid in 2006.
The 10 - K report mentions the new joint venture with Rosneft and talks about this massive Russia oil deal this way:
A major oil deal struck by ExxonMobil with the Nigerian Government is being investigated by Nigeria's Economic and Financial Crimes Commission, a law enforcement agency that investigates high - level corruption, Global Witness reveals today.
William Hague has rejected claims that BP intervened in the release of Lockerbie bomber Abdelbaset al - Megrahi to aid a Libya oil deal.
Shell's purchase of BG Group is the biggest oil deal in a decade.
Shortly after, Trafigura and Natixis trialled blockchain for settling oil deals in the US.
Many of the Lockerbie victims were American and four US senators have repeatedly demanded to meet with the Scottish justice secretary to grill him over allegations that energy firm BP sought to influence the decision to help it secure oil deals with Libya.
The President has deliberately refused to institute proper investigation into reports of corruption allegations involving his appointees including the grievous BOST scandal, activities at the National Communication Authority, allegations against his two deputy chiefs of staff, the cash for seat scandal, inflation of cost, breaching of procurement regulations, illegal oil deals with foreign companies, bribes taking at the Presidency, etc..
Mayor of London Boris Johnson has decided not to renew a controversial oil deal with Venezuela which provides cheap fuel for the capital's public transport system.
Had to come up, Iran - Pakistan - India oil deals have repeatedly fell through and have only gained a little momentum in the past 10 years.
We heard about the Sahara oil deal and the many strings detected.
(r) The sale of the OPM 245 for $ 1.3 billion otherwise known as malabo oil deal has continued to generate controversy.
Senate Committee on Local Content has summoned a British firm, BP Oil International Limited over a $ 3.3 billion pre-financing crude oil deal that may have breached...
Are we not all aware of the fact that Abba Kyari closed the deal a little while back in return for the agreement of the senate not to confirm Magun after the latter gave out the the story of Kyari's involvement in the capital oil deal.
He, however, declared the payment of $ 1.092 billion in the Malabu oil deal into an escrow account at JP Morgan, London, by the former ministers as fraudulent, stressing that the money should have been paid into the Federation Account or the Consolidated Revenue Fund.
This comes on the back of calls for the GNPC to be regulated in the provision of guarantees for some major oil deals which continue to impact on its operations.
Hailed by some as «the world's first really green oil deal,» Ecuador's plan would leave almost a billion barrels of oil in the ground below Yasuni National Park in return for $ 3.6 billion, or about half the market value of the oil.
The Nessergy oil deal shares many similarities with a string of secret deals in Congo's mining sector, where mining rights were bought at knockdown prices by offshore companies and then «flipped» to major international firms for a vast profit.
As world leaders struggle to find a solution to the violence in the world's newest nation, Global Witness calls on them to join in demanding that South Sudan's leaders call a halt to issuing any new oil deals and suspend any ongoing negotiations.
Global Witness recently highlighted how a questionable oil deal between ExxonMobil and the Nigerian government is currently being investigated by Nigerian law enforcement.
Incoming Eni CEO Claudio Descalzi's apparent personal involvement in a corrupt oil deal in Nigeria raises serious questions about his suitability for his role managing the Italian oil giant, said Global Witness as shareholders gather in Rome for their annual meeting.
«Eni has consistently downplayed its connections to World Natural Resources, a company embroiled in corruption investigations around oil deals in Republic of Congo.
Global Witness's concern is based on evidence from Congo's previous elections, when six opaque mining and oil deals lost Congo $ 1.5 billion — over twice the country's annual health and education spending.
Freshfields Bruckhaus Deringer is advising JP Morgan on an $ 875m (# 660m) lawsuit brought by the Nigerian Government in a dispute over payments relating to a disputed oil deal.
Under the H Oil deal, Nessergy was to be bought for an initial payment of $ 194 million with potentially more on top.
This Russia oil deal has raised much controversy, has now made ExxonMobil subject to penalties and fines for violating US sanctions against the country, and is a focal point of concerns surrounding the appointment of Rex Tillerson as Secretary of State.
He added that the claimed recovery of $ 85m as part of funds allegedly looted from the Malabu oil deal and conclusion of negotiation with Switzerland on the return of $ 321m recovered from the late Military Head of State, Gen. Muhammad Abacha family are a diversionary tactic.
We then find out that they have received a windfall of fresh income that very morning through an oil deal.
«Presumably the reason that they were so opposed to the prisoner transfer agreement is on roughly the same grounds as the Scottish government had for opposing that agreement - because it was signed initially at the same time as an oil deal was being signed in the famous deal in the desert,» he said.
The relationship between the UK and Saudi Arabia is a close one that is based on extensive arms trading and oil deals.
In Nigeria, meanwhile an investigation by a committee of the House of Representatives found that the oil deal was «contrary to the laws of Nigeria» in a number of respects.
Global Witness also revealed an oil deal involving Gertler's Nessergy company which ultimately saw Congo lose out on $ 150 million: the combined total of potential revenue losses comes to $ 1.5 billion.
Have to deduct one from the deal count as the oil deal went bust.