Bloomberg Nigeria has filed criminal charges of corruption against oil multinationals Royal Dutch Shell and Eni over the $1.1 billion sale of one of Africa’s richest oil blocks. Both companies have denied any wrongdoing. Charges filed at the High Court in Nigeria’s capital, Abuja, allege the companies paid $801 million to former Oil Minister Dan Etete, former Justice Minister ...

  Bloomberg Iraqi oil shipments of about 105,000 barrels a day were halted briefly after Kurdish troops seized control of a pumping station in disputed Kirkuk province and demanded that crude shipments to the country’s central government be stopped. Oil from Kirkuk stopped flowing into a Kurdish-built export pipeline to Turkey after fighters loyal to the Patriotic Union of Kurdistan ...

  Bloomberg Gazprom PJSC deputy head Alexander Medvedev is taking solace in old sayings by the founding father of the People’s Republic of China as the natural gas giant pushes ahead with a plan to become its biggest supplier. “Do you know this Chinese saying ‘Hard work for three years, happiness for 10,000’?” Medvedev said in an interview, referring to ...