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Tag "Eni"

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

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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

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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 the past six years. The companies, which are Chevron, Total,

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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 Nigerian Agip Oil Company (NAOC) has shut its Bayelsa facility

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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

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