Eni | Egypt Oil & Gas - Part 51

Eni Mulls Investment in Solar Power Projects in Africa

Italian oil major Eni is ready to spend "hundreds of millions" of euros in developing solar power projects in Africa, the group's CEO, Claudio Descalzi, said.

Illicit Waste Disposal Probes Unlikely to Harm Eni’s Earnings

The shutdown of Europe’s largest onshore oil field in Italy over alleged illicit waste disposal at a nearby treatment plant will probably only have a “negligible” effect on Eni earnings.

Eni Acquires License for Ghana Offshore Oil&Gas Exploration

Italy’s Eni oil and gas company has been awarded an exploration license off the coast of Ghana. The new offshore licence, the Cape Three Points Block 4, in the prolific Tano basin, and it is expected to start produci ...

Shell Under Investigation With Eni Over Nigerian Offshore Oil Deal

Italian prosecutors are investigating Royal Dutch Shell’s involvement in a Nigerian oil deal, drawing the oil company into a corruption probe over the acquisition of an offshore field in the African country in 2011 t ...

Nigeria Arrests Person Suspected of Bombing Eni Pipeline

Nigeria has arrested a person suspected of having bombed an oil pipeline belonging to Italy's Eni in the southern Delta region.

Eni Buys Chariot’s Majority Stake in Morocco’s Offshore Project

Chariot Oil & Gas Limited has unveiled a deal with Italian major Eni to sell the majority of its stake in the Rabat Deep exploration project, offshore Morocco.

Nigeria Talks to Chevron, Total, Eni to Revamp Refineries

Nigeria is in talks with oil majors Chevron, France's Total and Italy's ENI to get help revamping the ailing refineries in Africa's top crude producer, its oil Minister said.

Exxon Mobil Eyes Eni’s Gas Field in Mozambique

Exxon Mobil is in talks to buy a stake of around 15% in Italian oil major Eni's giant Area 4 gas field in Mozambique.

Eni Plans $14b in Cost Cuts, Asset Sales

Eni plans to cut investments and sell down stakes to help it prop up dividends. Company's CEO said the disposals will be mainly through the dilution of stakes in recent discoveries, picking out gas fields in Mozambiq ...

Oil Minister Follows Up on Development of Zohr Field

Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, met with the Higher Committee, comprised of the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), Pe ...

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