MARKETS

JPMorgan attempt to avoid US$875m fine thrown out of court

A BRITISH Court has ruled against investment banker JPMorgan's bid to escape over US$875 million worth of costs for its involvement in the 2011 and 2013 Nigerian alleged corruption cases against supermajors Shell and Eni.

JPMorgan attempt to avoid US$875m fine thrown out of court

The two jointly paid the Nigerian government a total of $1.3 billion for the offshore OPL245 lease, however the money was then allegedly diverted through a shell company called Malabu controlled by former...

Start a free trial to continue reading this article

Already have an account? Sign in here

MORE ON THIS TOPIC

MOST POPULAR

1

OPERATIONS

Woodside-Bechtel welcomes first mega compressor onto Pluto Train 2

2

EXPLORATION

Emperor Energy modelling shows Orbost nameplate potential

3

POLICY

Queensland proposes legislation reforms to back farmers' claimed land subsidence

4

ENERGY TRANSITION

RayGen banks more big oil millions

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902