It seems a truce will soon be called in the ongoing oilfield dispute between Italian oil company, Eni and the Nigerian government as the oil giant...
The decision of Oando Oil Limited (OOL) to acquire Nigerian Agip Oil Company (NAOC) from Italian oil & gas company, Eni, could result in legal implications,...
The Group Chief Executive, Oando Plc, Wale Tinubu, said the acquisition of Nigerian Agip Oil Company Limited (NAOC Ltd) from ENI shows the importance of local...
A court in Milan, Italy, on Wednesday acquitted the Dutch oil giants, Shell, Eni and 13 defendants including past and present chief executives in the controversial...
Italian energy firm Eni has declared a force majeure (FM) on exports of Nigerian Brass River crude oil after pipeline blasts in Bayelsa State, Reuters reported...
The Nigerian government has requested a court sitting in Milan, Italy to order oil supermajors, Shell and Eni, to pay the sum of $1.092 billion as...
The oil firm at the centre of the $1.3 billion Malabu scandal, Eni, on Monday claimed it acted in conformity with the law on issues related...
Shell and Eni knew that a portion of the fund used to acquire a Nigerian oilfield in 2011 would be set aside for corrupt payments to...
The Federal Government, in its continued clampdown on tax defaulters to shore up its revenue, has demanded a number of foreign oil companies operating in the...
Italian oil giants and Royal Dutch Shell may have been tacitly indicted of complicity in the controversial sale of OPL 245, as an Italian judge, Giusy...
The Federal Government on Thursday said it had filed a $1.1bn lawsuit against the Royal Dutch Shell and Eni in a commercial court in London over...
The federal government has filed a $1.1 billion suit against Royal Dutch Shell Plc, Eni and other companies over the much-publicised 2011 Malabu oil deal,arguing that...
The Petroleum Act 1969 (as amended) grants powers to the Ministry of Petroleum, acting through the Department of Petroleum Resources (DPR) to administer the licensing of...
By Kingsley Kemepade… Life has been described as a rat race; a race for survival or pursuit of happiness in which only a few get close....
The Federal High Court in Abuja has ruled that a former justice minister, Mohammed Adoke cannot be held “personally liable” for his role in the $1.1...
Several bank accounts linked to the bribery trial of Eni and Shell executives in Milan, Italy, in the infamous Malabu oil scam, have been blocked by...
The Economic and Financial Crimes Commission (EFCC) has revealed that the absence of key persons of interest tied to the Malabu Oil scandal, was frustrating the...
Nigeria is on the verge of signing a $6 billion deal with 10 companies for crude oil exchange for refined products to take off by July...
An Italian oil company, Eni, has concluded plans to build a refinery in Nigeria with capacity of 150,000 barrels per day. This was disclosed on Tuesday...
More revelation have emerged in the Malabu oil deal scam which has overtime continued to dominate newspapers headlines in Nigeria. Anglo-Dutch oil giant, Royal Dutch Shell,...
The Oil Prospecting Licence 245, otherwise known as Malabu oil deal, one of Nigeria’s richest oil blocks has been returned to Shell and ENI. This came...
Former President Goodluck Jonathan has suggested that mischief makers must be behind tales that he allegedly received a bribe in the $1.3billion Malabu oil deal. He...
A United Kingdom-based newspaper, The Evening Standard of London, reports that the governing style of President Muhammadu Buhari is delaying the return of $85 million loot...
In yet another brazen act, the Niger Delta Avengers, NDA, Friday morning, bombed a crude oil pipeline belonging to Agip ENI in Bayelsa state. This was...
The spate of attacks on oil facilities in the Niger Delta has further reduced Nigeria’s daily oil output, as Eni, the parent company of Nigerian Agip...
The militant group, Niger Delta Avengers has called on “all groups parading themselves as freedom fighters”, to desist from killing soldiers, or any one for that...
Nigeria National Petroleum Corporation (NNPC) on Tuesday invited bids for the overhaul of its ailing refineries. Efforts geared at finding partners to rejig the refineries were...
The dirty underbelly of Nigeria’s oil industry came up for probe Wednesday in faraway Hague when Italian and Dutch prosecutors stormed Shell’s headquarters to investigate alleged...
The Minister of State for Petroleum, Dr Ibe Kachikwu said Tuesday that some Oil Majors have shown commitment to partner the Federal government to revamp...
An environmental group reports that three people have lost their lives following an oil pipeline explosion which occurred during repairs of a pipeline belonging to an...
