Home Topics Eni
Nigerian National Petroleum Corporation (NNPC) threatens to seek legal interpretation on whether it has right to withdraw funds from Nigeria LNG Dividend Account without the approval of National Assembly
The Acting Chairman, Economic and Financial Crimes Commission, Ibrahim Magu, has given assurances that the Commission is revving up its investigations into the Malabu Oil scandal and those complicit will be prosecuted.
A court in Milan is considering charges of corruption against Eni and Shell in a controversial oil deal that led to Nigeria losing an estimated $6 billion.
The Central Bank of Nigeria (CBN) says 22 withdrawals totalling $3.12 billion were made from the Nigerian Liquefied Natural Gas (NLNG) dividends account domiciled in the apex bank in the last three years.
Twenty-two withdrawals totalling 3.12 billion dollars were made from the Nigerian Liquefied Natural Gas (NLNG) dividends account domiciled in the Central Bank of Nigeria (CBN) in the last three years.
Turkish President Recep Tayyip Erdogan on Sunday warned foreign oil companies over energy exploration off Cyprus, describing those who defy Ankara as "bandits of the sea" who would face a similar response as its foes in Syria.
Human Rights Lawyer, Femi Falana, said it was shameful that there was no accurate record of the volume of crude oil being produced in Nigeria daily.
AC Milan have announced the appointment of Paolo Scaroni as chairman as the club heralded the "dawn of a new era" under new owners Elliott Management.
The Nigerian National Petroleum Corporation (NNPC), has commended the Nigeria LNG Limited (NLNG) on its successful repayment of 5.45 billion dollars (N1.98 trillion) loan on Train 1 to 6 investments.
The oil majors are accused of corruption in the 2011 purchase of Oil Prospecting Licence 245, an offshore oil block in Nigeria estimated to hold nine billion barrels of crude.
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has called for sustainability of the West African Gas Pipeline Project to increase supply of gas to West African countries and boost power supply.
The House of Representatives, on Thursday, resolved to set an ad hoc committee to investigate the expenditure and implementation of the $22 billion Brass Liquefied Natural Gas (LNG) project.
The trial of nine current and former executives or contractors from Italy’s Eni and British-Dutch giant Royal Dutch Shell, including ENI Chief Executive Claudio Descalzi, over a 1.3 billion dollars oil deal in Nigeria, will begin in Milan on June 20.
The trial of top executives from oil majors Eni and Shell over alleged corruption in Nigeria kicked off on yesterday with a brief procedural hearing and a decision to re-adjourn next month.
Waheed Olojede, Chairman, Nigeria Labour Congress, Oyo state chapter, has assured workers of the payment of N30,000 new minimum wage before the 2019 general election.
The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, said he did not attend the signing of a peace pact for 2019 presidential elections in Abuja because he “did not receive any formal invitation.”
The Economic and Financial Crimes Commission has detained a former Chairman of Skye Bank Plc (Now Polaris Bank), Mr. Tunde Ayeni, for fraud.
The Director-General, Voice of Nigeria, (VON), Mr Osita Okechukwu, has called on mainstream media organisations in the country to establish ‘Social Media Desks’ that would track and counter fake news disseminated on social fora.
The People’s Democratic Party (PDP) in Plateau State has accused the All Progressives Congress (APC) of buying voters cards especially in the PDP strongholds as part of its plan to win 2019 election at all levels even as the governor stated that PDP was merely playing to the gallery and engaging in diversionary tactics to misinform and mislead the public.
Chairman, Kaduna State Peace Commission, Archbishop Josiah Idowu Fearon, at a one day summit towards peaceful 2019 general elections in Kaduna state has called on all political parties and their candidates to be committed to ensuring a violence free elections.
Bangladesh’s opposition party says nearly 2,000 of its supporters arrested on trumped-up charges in crackdown aimed at derailing its campaign just weeks from general election
Jose Mourinho answered his critics — for the time being at least — as his Manchester United side recorded their biggest league victory in 13 months with a 4-1 win over Fulham.
Governor Ifeanyi Ugwuanyi of Enugu State has announced free transportation for indigenes of the state living in other parts of the country, who intend to return home to celebrate the festive season with their loved ones.
Groups of “yellow vest” protesters across France responded scathingly to the “crumbs” offered by President Emmanuel Macron in a speech intended to defuse their revolt, but others acknowledged his efforts.