THIS DAY Shell Plc and Eni SpA both declared force majeure on key oil flows from Nigeria, threatening to disrupt supplies in a market already fretting about the impact of Russia’s invasion of Ukraine. Shell’s measure had been in place…
THIS DAY A Milan court yesterday acquitted energy companies, Eni and Royal Dutch Shell, along with some of their past and present managers, including Eni Chief Executive, Claudio Descalzi, in one of the oil industry’s biggest corruption scandals. The judgment…
PUNCH The United States Justice Department has closed its investigations into alleged corruption by oil major Eni in Nigeria and Algeria without taking any action, the Italian energy group has said. Eni, the biggest foreign oil and gas producer in…
PUNCH An Italian oil major, Eni, has said that it has made a huge gas and condensate discovery onshore Niger Delta. Eni said on Tuesday that through its affiliate, Nigerian Agip Oil Company, it made a significant gas and condensate…