A retired Swiss oil executive who previously said he had knowledge of illicit dealings over a Nigerian oil block involving Royal Dutch Shell Plc and Eni SpA reversed his statements at a trial in Milan Wednesday.
Italian oil firm Eni has reportedly joined forces with Norwegian private-equity fund HitecVision to table a bid for ConocoPhillips' North Sea portfolio.
Qatar Petroleum is buying stakes in three offshore oil blocks in Mexico from Eni SpA, as the Arab country signs another global expansion deal after leaving OPEC.
The Nigerian government has filed a billion-dollar claim in a British court against oil giants Royal Dutch Shell and Eni over alleged fraud and corruption that diverted millions of dollars from the African nation.
Eni SpA won rights to develop major natural gas fields in Abu Dhabi, the company’s chief executive officer said, a deal that could help the Middle Eastern emirate become a net exporter of the fuel.
BP Plc and Eni SpA could re-start work on a project in Libya in the first quarter, setting the stage for the OPEC member to boost production by “hundreds of thousands of barrels” a day, the head of the country’s state oil company said.
Italian oil giant Eni has today announced a ten-year extension win through the Nile Delta Concession Agreement for the Abu Madi West Development Lease.