Nigeria is seeking to recover as much as $62billion (£50.6bn) from international oil companies, using a 2018 Supreme Court ruling the state says enables it to increase its share of income from production-sharing contracts.
The US Department of Justice (DoJ) has ended its investigation of Eni over the OPL 245 affair and Algeria, the Italian company has said, without taking any further action.
The week the Libyan uprising began in 2011 was one like any other for workers at Italian oil company Eni SpA in the North African country. They played soccer and watched movies, oblivious to the battles with police and mounting deaths in the revolution that toppled Muammar Qaddafi.
Royal Dutch Shell Plc, Eni SpA and their partners in the Karachaganak oil and gas venture may be required to pay an additional $1 billion to settle a dispute with Kazakhstan over revenue sharing, said people familiar with the matter.
Oil firm Eni and offshore wind developer Mainstream Renewable Power (MRP) have announced they have joined forces in an offshore wind campaign that will begin in the UK.
BP and Italian oil firm Eni today signed an exploration and production sharing agreement (EPSA) for Block 77 in central Oman with the Sultanate's Oil Ministry.
A Nigerian high court dismissed the government’s claims that local units of Eni SpA and Petroleo Brasileiro SA illegally exported crude oil to the U.S.
Royal Dutch Shell Plc and Eni SpA face additional corruption allegations over a Nigerian oil deal, after the West African country’s government said in a London lawsuit that it believes a handful of executives, including CEOs, were tied to more than $1billion in bribery payments.
A court in Nigeria ordered the arrest of two former ministers and others allegedly connected with illegal payments leading to the 2011 acquisition of what is considered one of the biggest oil fields in the West African country.