THE SUN Ten years after an international inquiry into the circumstances surrounding the sale of OPL 245 oil field by Malabu Oil and Gas Limited to Shell and its partners, ENI and Agip, for a princely sum of $1.3 billion following…
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…
THE SUN The Economic and Financial Crimes Commission (EFCC) yesterday re-arraigned an oil magnate, Aliyu Abubakar, and Malabu Oil and Gas Limited on fresh 67- count charges bordering on money laundering before the Abuja division of the Federal High Court. They…
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…