Tag: ENI

‘What They Couldn’t Do To China,’ How Shell, Chevron, Others Exploited Nigeria’s Weak Law – Jonathan

Ganiyu Amodu

“‘Not a NASS Of Voice Votes,’ Two Third of Lawmakers Passed Nigerian Content Law When National Assembly was Vibrant,” You want to read the key things the former President said in Bayelsa venue of Champions of Nigerian Content Awards     Nigeria’s former President, Goodluck Jonathan, has declared that the Western crude oil exploration companies in Nigeria took undue advantage of the country’s weak law at the early stage of hydrocarbon search and production. Mentioning Shell, Chevron and Agip, the first president from the oil-rich Niger Delta region of the…

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Eni Enumerates Strategies Towards Achieving 2050 Decarbonization Target

ADEOLA YUSUF

Italian oil major Eni has provided insight into projects in Nigeria and other countries in Africa aimed at meeting its zero carbon emissions target. The firm on Monday, published its energy transition strategy outlining the company’s voluntary sustainability report. It describes Eni’s contribution to a just transition that ensures access to efficient and sustainable energy, sharing the social and economic benefits of the path towards net zero emissions by 2050 with employees, suppliers, communities, and costumers with an inclusive and transparent approach. READ ALSO: Why I Felt Sad Over Nigeriau’s…

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Why Court Rejected Nigeria’s $1.1bn Compensation Request Against Shell, Eni

ADEOLA YUSUF

An appeals court in Milan, Italy today (Friday) rejected Nigeria’s $1.092 billion compensation request against Shell and the Italian energy group Eni, in civil proceedings relating to a $1.3 billion oilfield deal. The decision was read out in court. In July, prosecutors had dropped related criminal proceedings, clearing Eni and Shell, as well as managers including Eni Chief Executive Claudio Descalzi, in one of the oil industry’s biggest alleged corruption cases. Shell, in a statement to SlyeNews said: “We are pleased that these civil proceedings have been dismissed. This follows…

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BREAKING: NNPC JV, Dangote Ink Multi-million Dollars Gas Supply Deals

ADEOLA YUSUF

The deals involving the JV of NNPC, Shell, ENI, and Total will deliver 70million scuf of gas daily to Dangote Fertiliser The Joint Venture (JV) consisting of the Nigerian National Petroleum Company (NNPC) Limited, Shell, Total and ENI, has signed a multi-million dollars deal to supply 70 million standard cubic feet (scuf) of gas to Dangote Fertiliser Company. The signing which took place at the on-going Nigeria International Energy Summit (NIES) was attended by President of Dangote Group, Alhaji Aliko Dangote; Group Managing Director of NNPC, Mallam Mele Kyari; Country…

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