Eni | Egypt Oil & Gas - Part 54

ENI and Oil, Electricity Ministers Discuss Solar Power at Balaeim

Mohamed Shaker, Minister of Electricity, and Tarek El Molla, Minister of Petroleum and Mineral Resources, met with a delegation from Italian company ENI, including Engineer Adriano Mongini, ENI’s Chairman, and L...

Oil Minister Evaluated Zohr Operation Developments

Tarek El-Molla, Minister of Petroleum and Mineral Resources, held the second monthly meeting with the higher committee which included the Egyptian Natural Gas Holding Company (EGAS), Egyptian General Petroleum Corpora...

Eni Plans to Invest $22.5b in Africa Over Next Four Years

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 in a presentation at the International Energy Agen...

Eni Declares Force Majeure on Nigeria’s Brass Crude

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, Reuters reporte...

Nigeria Convinces Oil Majors to Pay $200m for Fuel Imports

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, Reuters reported. As Pet...

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 told in a parliamentary hearing in Milan, Reuters reported. D...

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’s earnings, according to an analys...

Eni Acquires License for Ghana Offshore Oil&Gas Exploration

Italy’s oil and gas company, Eni, has been awarded an exploration license off the coast of Ghana, the company said in a statement. According to News Ghana, the new offshore license, the Cape Three Points Block 4, is l...

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, Bayelsa state, a state security force said, Reuters reported. The attack killed thr...

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