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Enron redux: Shell bilked California in energy crisis, judge

2016-04-16 00:07:21| Energy - Topix.net

Fifteen years after blackouts swept the state, a Federal Energy Regulatory Commission judge has found that a division of Shell Oil engaged in fraud and market manipulation during California's energy crisis, with company traders joking on tape about burning the evidence if they were ever caught. The tentative decision, which must be approved by the FERC board, holds Shell and Spanish energy company Iberdrola liable for $1.1 billion in ill-gotten profits, money that could be refunded to Californians if the decision stands.

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Firms 'still bending rules': Enron boss

2015-11-06 13:56:22| BBC News | Business | UK Edition

Firms still bending the rules, warns former Enron boss

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Enron Fast Facts

2015-04-26 16:17:38| Energy - Topix.net

Before its collapse, Enron marketed electricity and natural gas, delivered energy and other physical commodities, and provided financial and risk management services to customers around the world. Facts: Most of the top executives were tried for fraud after it was revealed in November 2001 that Enron's earnings had been overstated by several hundred million dollars.

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Turning around 'the Enron of India'

2014-02-03 01:28:35| IT Services - Topix.net

The chairman of Indian IT firm Satyam Computer Services admitted that its accounts had been falsified, in a case that echoed the collapse of US energy group Enron.

Tags: india turning enron