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Shell’s Latest North Sea Fire Sale: Because Who Cares About Due Diligence?

Summary by Royal Dutch Shell Plc .Com
Stay tuned—because this train wreck is far from over. Posted by John Donovan: 8 Feb 25 What do you do when you’re one of the world’s most profitable, polluting, and morally flexible oil giants? If you’re Shell, you push ahead with a half-billion-pound deal to offload UK gas fields to a buyer accused of—checks notes—faking bank statements, forging documents, and misappropriating €143 million. Oh, and the cherry on top? Said buyer, Francesco Mazza…
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Shell’s Latest North Sea Fire Sale: Because Who Cares About Due Diligence?

Stay tuned—because this train wreck is far from over. Posted by John Donovan: 8 Feb 25 What do you do when you’re one of the world’s most profitable, polluting, and morally flexible oil giants? If you’re Shell, you push ahead with a half-billion-pound deal to offload UK gas fields to a buyer accused of—checks notes—faking bank statements, forging documents, and misappropriating €143 million. Oh, and the cherry on top? Said buyer, Francesco Mazza…

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Royal Dutch Shell Plc .com broke the news in on Saturday, February 8, 2025.
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