MARKET UPDATE
Advertisement

TheCable

Tag "Eni"

OPL 245: Eni seeks World Bank arbitration over oilfield dispute in Nigeria

    OPL 245: Eni seeks World Bank arbitration over oilfield dispute in Nigeria

Eni, an Italian oil and gas company, has filed a request for arbitration against Nigeria at the World Bank’s international centre for settlement of investor disputes (ICSID). The Italian oil

0 comment Read Full Article

Malabu deal: UK court dismisses Nigeria’s $1bn suit against Shell, Eni

    Malabu deal: UK court dismisses Nigeria’s $1bn suit against Shell, Eni

A UK court has ruled that Nigeria’s $1 billion suit against Royal Dutch Shell and Eni, oil giants, cannot go on because it does not have jurisdiction over the case. Christopher Butcher,

0 comment Read Full Article

OPL 245: Shell, Eni knew of ‘illegal payments’ to Nigerian officials, says Italian judge

    OPL 245: Shell, Eni knew of ‘illegal payments’ to Nigerian officials, says Italian judge

Giusy Barbara, an Italian judge, says oil giants Eni and Shell were fully aware that their 2011 purchase of OPL 245 would be embroiled in corruption.

0 comment Read Full Article

Amnesty ‘uncovers’ serious negligence by Shell, Eni in Niger Delta oil spills

    Amnesty ‘uncovers’ serious negligence by Shell, Eni in Niger Delta oil spills

Amnesty International (AI) has accused Shell Petroleum Development Company (SPDC) and Italian oil giant Eni of “serious negligence” in cases of oil spills in the Niger Delta region. In its latest

0 comment Read Full Article

Italian court postpones trial of Shell, Eni after ‘show of shame’ by Nigeria

  Italian court postpones trial of Shell, Eni after ‘show of shame’ by Nigeria

An Italian court has postponed to May 14 the trial of Royal Dutch Shell and Eni executives over alleged corruption in Nigeria.

0 comment Read Full Article

Italy arrests lawyer, professors for ‘tampering with probe’ of Malabu deal

  Italy arrests lawyer, professors for ‘tampering with probe’ of Malabu deal

Italian investigators have arrested 15 people, including Piero Amara, a popular lawyer in the country, and Giancarlo Longo, a magistrate,

0 comment Read Full Article

Buhari: I’ll use extra oil income to boost infrastructure

  Buhari: I’ll use extra oil income to boost infrastructure

President Muhammadu Buhari says the extra income derived from the oil sector would be spent on projects like roads, rail,

0 comment Read Full Article

We are disappointed, says Shell on ruling of Italian court

  We are disappointed, says Shell on ruling of Italian court

Royal Dutch Shell Plc says it is disappointed in the decision made by an Italian court which approved the prosecution

0 comment Read Full Article

Italian court orders trial of Shell, Eni over Malabu deal

  Italian court orders trial of Shell, Eni over Malabu deal

An Italian court has approved the prosecution of Royal Dutch Shell and Eni in the controversial sale of OPL 245 oil

0 comment Read Full Article

FG: We’ve recovered $85m from Malabu deal

  FG: We’ve recovered $85m from Malabu deal

The federal government has announced the recovery of $85 million from the United Kingdom as part of funds allegedly looted

0 comment Read Full Article