Italy's Eni plans to invest about $22.5b in Africa over the next four years, mostly in the oil and gas industry, the company's CEO, Claudio Descalzi, said. Currently, the Italian company is involved in projects in 15 ...
Italia's Eni has declared a force majeure on Nigeria's Brass River grade of crude oil, once again throwing a spotlight onto the unreliability of exports from a country plagued by oil theft.
Nigeria will get $200m in badly-needed hard currency from oil majors to pay for fuel imports and ease petrol shortages that has hit the OPEC producer, the head of state-run oil firm NNPC said.
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.
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.
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 ...
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 ...
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 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.