Eni, an Italian oil company, has temporarily suspended arbitration in the oil prospecting licence (OPL) 245 dispute with the Nigerian government at the World Bank. According to Reuters, the suspension
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The federal government has withdrawn its $1.1 billion lawsuit against Shell Plc alleging corruption in relation to the oil prospecting licence (OPL) 245 deal. A Shell spokesperson quoted in a
Heineken Lokpobiri, the minister of state for petroleum resources (oil), said the federal government is handling the divestment of international oil companies (IOCs) on a case-by-case basis. Lokpobiri, in an
The Nigerian National Petroleum Company Limited Exploration and Production (NEPL) has expressed concerns about the divestment of the Nigerian Agip Oil Company’s (NAOC) participating interest in its joint venture (JV)
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says it has ordered the withdrawal of its members
Eni, an Italian oil and gas firm, has signed an $8 billion offshore gas development deal with state-owned Oil Corporation
An Italian appeal court has rejected Nigeria’s $1.1 billion compensation request against Eni, Shell, and others in a civil proceeding
The attorney general of Italy has decided to terminate the appeal against a judgment of the Court of Milan which
Eni, the parent company of Nigerian Agip Oil Company (NAOC), says it will increase the share of investments dedicated to
Eni, the parent company of Nigerian Agip Oil Company (NAOC), says it has lifted a force majeure on gas export