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Tag : Eni

Business

IPMAN calls for local refining to fix petroleum sector

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File Photo Alhaji Popoola Ogundoyin, an Executive Member of Independent Petroleum Marketers Association of Nigeria (IPMAN), says that unless Nigeria produces petroleum products through its...
Business

US sanctions 11 entities for aiding Iran’s oil sector

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The US imposed sanctions on 11 entities and three executives Thursday for allegedly aiding an Iranian energy firm that was blacklisted in January, and helping...
Business

Oil prices hold near multi-week lows on demand worries

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Oil prices edged up on Thursday, but held near multi-week lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID-19...
Business

Nigerian lawmakers order probe into $18 billion NLNG dividend

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Stock Photo Nigerian lawmakers have instructed the country’s most senior accountant to investigate payments totalling $18 billion as dividends from Nigeria’s investment in Nigeria Liquefied...
Business

Mele Kyari: NNPC now EITI supporting company

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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, says the corporation has become an Extractive Industries Transparency Initiative (EITI)...
Business

Italy prosecutors seek jail sentences for Eni, Shell executives in Nigeria case

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Italian prosecutors have asked for oil majors Eni and Shell to be fined and some of their present and former executives, including Eni CEO Claudio...