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Elf Aquitaine controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 1994

    Elf affair

    A wide-ranging French investigation alleged that Elf funds had been diverted through hidden commissions and improper payments for political influence, private enrichment, luxury goods, property and personal relationships. The case involved executives and intermediaries and generated lengthy criminal proceedings.

  2. 1993

    Iraq oil-contract scrutiny

    Elf's exclusive contract relating to Iraqi oil fields attracted scrutiny because of the political context, international sanctions and subsequent investigations into relationships between oil companies, intermediaries and governments.

  3. 1990

    Leuna and Minol transaction controversy

    Elf's acquisition-related activities in the former East German fuel sector became controversial over allegations involving vacant gas-station allotments and the failure to pay rightful owners. The matter was later considered alongside the company's wider legal and political controversies.

  4. 1979

    Great Oil Sniffer Hoax

    Elf lost more than 150 million U.S. dollars after investing in a purported gravity-wave system for detecting underground oil. The system was exposed as fraudulent, making the episode a major example of failed corporate due diligence.