MARKET UPDATE
Advertisement

TheCable

Tag "Eni"

Bayelsa community sues ENI, demands compensation for oil spill

    Bayelsa community sues ENI, demands compensation for oil spill

The Ikebiri community in Bayelsa state has sued ENI, Italian oil gaint,  at a Milan court, seeking the cleanup of, and compensation for damages from an oil spill which has affected

0 comment Read Full Article

Again, court adjourns ruling on forfeiture of ‘Malabu oil block’

    Again, court adjourns ruling on forfeiture of ‘Malabu oil block’

‎John Tsoho, justice of the federal high court, Abuja, has adjourned ruling on an application by Shell Nigeria Limited and Eni, seeking the vacation of an order of interim forfeiture

0 comment Read Full Article

EFCC files fresh charges against Shell, ENI over $1.1bn Malabu scandal

    EFCC files fresh charges against Shell, ENI over $1.1bn Malabu scandal

The Economic and Financial Crimes Commission (EFCC) has filed charges of “official corruption” against Shell Nigeria Exploration Production Company Limited and Nigeria Agip Exploration Limited, ENI SPA, at a Federal

0 comment Read Full Article

Malabu oil deal: Eni denies involvement in ‘corrupt conduct’, clears CEO

    Malabu oil deal: Eni denies involvement in ‘corrupt conduct’, clears CEO

ENI, also known as the Nigeria Agip Exploration Limited, has said the transactions leading up to the auctioning of $1,616,690,656.78 Malabu oil block were not fraudulent. The board of directors

0 comment Read Full Article

Nigeria gets $1bn off its JV debts, to pay IOCs $5bn worth of oil in 5 years

  Nigeria gets $1bn off its JV debts, to pay IOCs $5bn worth of oil in 5 years

International oil companies (IOCs) operating in Nigeria have agreed to cut $1 billion off Nigeria’s joint venture debts accrued over

0 comment Read Full Article

Pipeline bombings: Agip, Aiteo lose 140,000 bpd production

  Pipeline bombings: Agip, Aiteo lose 140,000 bpd production

The rebirth of militancy in the Niger Delta has reduced Nigeria’s production capacity by 140,000 barrels per day (bpd). While

0 comment Read Full Article

Pipeline bombings: Agip halts production in Bayelsa

  Pipeline bombings: Agip halts production in Bayelsa

Like Shell Petroleum and ExxonMobil, Eni, parent company of Nigerian Agip Oil Company (NAOC), on Tuesday said it had declared

1 comment Read Full Article