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Tag Archives: ENI

Italy strikes its latest African energy deal with Republic of Congo

Italy strikes its latest African energy deal with Republic of Congo

President Dénis Sassou N’Guesso of the Republic of Congo was in Italy on Thursday to discuss partnership on energy between the two nations, one that centers on a new deal supported by oil major Eni to increase the supply of gas from the African nation. “The Italian government is pushing…

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Report: Nigerians cheated of $6 billion in OPL 245 oil scandal

Report: Nigerians cheated of $6 billion in OPL 245 oil scandal

The Nigerian people were cheated out of an estimated USD$6 billion when a 2011 oil rights deal enriched its own officials but really benefited two international oil majors – Royal Dutch Shell and the Italian Eni – instead of Nigeria, according to a report released Monday by London-based NGO Global…

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Investigation finds links between Dubai properties, Nigerian oil case

Investigation finds links between Dubai properties, Nigerian oil case

A collaborative team of investigative reporters say they’ve found real estate records and related documents that tie former Nigerian oil minister Daniel Etete to luxury properties in Dubai. The discovery has raised questions about what happened to some of the estimated $800 million Etete allegedly received for his role in…

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Pope tells oil execs to deliver clean energy to developing world

No one talked very much ahead of the fossil-fuel conference hosted by Pope Francis at the Pontifical Academy of Sciences at the Vatican this weekend: not the participants, not the Vatican, and not the University of Notre Dame in the United States, a Roman Catholic institution that co-sponsored the event….

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Royal Dutch Shell, Eni execs to stand trial in Nigerian corruption case

Executives of Royal Dutch Shell and Italian oil major Eni will stand trial in Milan on corruption charges tied to a widely investigated Nigerian oil rights deal dating back to 2011. An Italian judge on Wednesday set a March 5 date for the case against Eni’s current CEO Claudio Descalzi,…

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