By Sarah McFarlane

A Milan court has found European oil companies Royal Dutch Shell PLC and Eni SpA, along with the latter's chief executive, not guilty of bribery and other charges on Wednesday in one of the energy industry's biggest corruption cases.

Shell and Eni, along with Claudio Descalzi -- who has been with Italy's state-backed Eni for 40 years and chief executive officer since 2014 -- were on trial over a $1.3 billion payment for drilling rights in Nigeria.

Write to Sarah McFarlane at sarah.mcfarlane@wsj.com

(END) Dow Jones Newswires

March 17, 2021 12:33 ET (16:33 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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