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Tag: Eni SpA

Italy ready to invest in Africa’s energy sector - Eni
Energy

Italy ready to invest in Africa’s energy sector – Eni

The CEO of massive global energy company Eni, Claudio Descalzi, has stated that Italy is prepared to invest in Africa. According to Reuters, he stated this during a political event in Rome on Saturday, December 16, that Italy is willing to invest in Africa for two main reasons. First and foremost, to obtain the energy resources required […]

Italy ready to invest in Africa’s energy sector - Eni
News

Nigeria drops $1bn lawsuit against oil company Eni

The Federal Government has ended a protracted legal battle in Italian courts over accusations of corruption in an oil field sale by finalizing arrangements to abandon civil proceedings against Eni SpA totaling $1.1 billion. According to a letter reviewed by Bloomberg, the Ministry of Justice will, no later than November 17, waive the claims before […]