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Tag: ENI

President Tinubu announces conclusion of settlement agreement between Nigeria, ENI, and NAEL over disputed Oil Prospecting Licence (OPL) 245

Business, Headlines

Tinubu unlocks major deepwater investment with resolution of OPL 245 dispute

President Bola Ahmed Tinubu described the agreement as a strategic milestone in Nigeria's economic reform agenda, reaffirming the administration's commitment…
President Bola Tinubu says his administration’s reforms would reposition Nigeria’s economy by exploring new possibilities, best practices.

Headlines

Tinubu: My reforms will reposition Nigeria’s economy

Tinubu who spoke when he received a delegation of the international energy company, ENI, led by its Chief Executive Officer,…
Oil exploration by Eni offshore Ivory Coast

Business, Top Stories

Italy’s Eni begins oil, gas production in Ivory Coast

At its peak, Eni believes the field will yield 150,000 barrels of oil and 200 million cubic feet of natural…
Claudio Descalzi ENI CEO

News

Malabu scandal: ENI reacts to Milan court verdict

Italian oil giant ENI reacts to the judgment of the Court of Milan In relation to Nigeria-OPL 245 trial, also…
Shell ENI

Business, Headlines

Malabu scandal: Milan court acquits Shell, ENI

A Milan court on Wednesday acquitted energy companies Eni and Royal Dutch Shell in Nigeria's oil industry's biggest corruption scandal,…
Shell ENI

Business, Headlines

Malabu: Eni rejects Nigeria’s demand for upfront payment of $1.1bn

Italian oil giant Eni, has rejected Nigeria's demand for an upfront payment of $1.092 billion from damages it suffered over…

Headlines, News

$500m bribe: Nigerian oil mogul Aliyu Abubakar faces trial in Italy

An Italian judge has ordered a Nigerian businessman, Alhaji Aliyu Abubakar to stand trial for alleged international corruption relating to…

News

US DoJ says it could reopen ENI’s corruption cases

The U.S. Department of Justice has described as “misleading” any implication that it had closed a probe into alleged corruption…
Claudio Descalzi ENI CEO

Business

Malabu oil scandal: Witness says ENI CEO bribed him to change graft allegations

Hearing will continue in a Milan court tomorrow and 25 July in a corruption case involving Italian oil firm Eni…

News

Court Papers: Nigeria’s president promises ENI officials $50m in Malabu oil deal

Vincenzo Armanna, a top official of multinational oil company ENI has told investigators that he was informed by a security…
Shell ENI

Headlines

Malabu scam : Nigerian govt sues Shell, Eni in London

The Federal Government said it had filed a 1.1 billion dollar lawsuit against Royal Dutch Shell and Eni in a…

Headlines

$1.3bn Malabu oil deal: Trial of 9 ex-chief executives of Italy’s Eni, Shell begins June 20

The trial of nine current and former executives or contractors from Italy’s Eni and British-Dutch giant Royal Dutch Shell, including…

Headlines

Shell, Eni to be tried for corruption in Nigeria

An Italian judge has ordered Royal Dutch Shell and Eni to stand trial over alleged corruption in Nigeria with the…
Oil company, Shell says it exclusively paid $1.09 billion in corporate taxes and royalties to the Nigerian Government in 2023.

News

Corruption: Judge orders Shell, Eni to stand trial

An Italian judge has ordered oil majors Royal Dutch Shell (RDSa.L) and Eni (ENI.MI) to stand trial over alleged corruption…
Oil company, Shell says it exclusively paid $1.09 billion in corporate taxes and royalties to the Nigerian Government in 2023.

News

Italy judge expected to rule on Eni, Shell indictment over Nigeria Dec. 20

An Italian judge is expected to decide on December 20 whether to send oil majors Eni and Shell to trial…

Business

Eni, Shell deny wrongdoing in Nigeria after allegations of improper payment

Oil majors Royal Dutch Shell and Eni reiterated on Monday that neither they nor their personnel had been involved in…

Business

Court stops EFCC from seizing $1.3 billion oil field from Shell, Eni

A Nigerian court on Friday overturned a request by the Economic and Financial Crime Commission, EFCC to seize an oil…

Business

EFCC files new charges against Shell, Eni, over purchase of $1.3bn oil field

Nigeria's financial crime watchdog has filed new corruption charges against Royal Dutch Shell, Eni and others regarding the $1.3 billion…
Nigerian contractors of Agip (CICA) oppose move by Nigerian Agip Oil Company (NAOC) to sell assets its Oando plc over debt obligations

Business, Metro, News

Niger Delta Avengers reduce Agip oil production by 65,000 barrels

Eni, the parent company of Nigerian Agip Oil Company (NAOC), said the oil firm’s production had been cut short by…

Business

‘Largest ever’ Med gas field found off Egypt – Eni

Cairo (AFP) – Italian energy giant Eni on Sunday announced the discovery of the “largest ever” offshore natural gas field…

Business, Metro, News

Italy probes $533mn bribe to Nigerian officials, politicians

On a day that Nigeria marked its 54th independence anniversary, Italian prosecutors were busy combing the books of state-backed firm…

Business

ENI boss questioned for corruption in Nigeria

Claudio Descalzi, chief executive officer of the Italian oil and natural gas company Eni since May 2014 is under investigation…

Business

Breaking News: ENI suspends oil drilling in Bayelsa state

Italian energy major ENI said on Saturday it had suspended its activities in Bayelsa state in southern Nigeria due to…

Business

Ribadu oil report stirs controversy, denials

A probe alleging Nigeria has lost out on tens of billions of dollars in recent years through questionable practices in…

Business

Oil spill pollutes waterways, farms in Nigeria

(AFP) – Italian oil giant ENI said Sunday that “an act of sabotage” has caused a spill at one of…

Business

Group wants Halliburton, Eni SPa, Shell tried for bribery

Socio-Economic Rights and Accountability Project (SERAP) has sent a request to the Attorney General of the Federation and Minister of…

Business

Angola ready for LNG export

Angola’s first liquefied natural gas tanker arrived Friday, as the country prepares to start shipping methane, the international consortium behind…