Tag: Eni

Simon Kolawole: What happened to transparency?

by Simon Kolawole I need your help please. At the annual Nigerian jamboree to the Offshore Technology Conference (OTC) in Houston, Texas, Dr. Ibe Kachikwu, the minister of state for…

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The BBC report on the Malabu oil deal that everyone is talking about (WATCH)

by Dolapo Adelana The Malabu oil deal, one of the biggest scams perpetrated by state actors is one that may not leave our consciousness anytime soon. Accusations and counter accusations…

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BREAKING: Court returns OPL 245 to Shell, ENI in Malabu scandal

by Dolapo Adelana A Federal High Court sitting in Abuja has returned one of Nigeria’s richest oil blocks, OPL 245 to Shell and ENI, Premium Times reports. The court on…

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I didn’t receive kickbacks from Malabu deal – Jonathan

Former President Goodluck Jonathan has refuted allegations that he received kickbacks from the $1.3 billion Malabu Oil transaction during his tenure. Jonathan in a statement by his spokesperson, Ikechukwu Eze…

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Military averts oil pipeline attack, 19 militants arrested

Nigerian military, on Friday, announced that it has apprehended 19 suspected oil militants as they tried to blow up an oil pipeline. According to a statement issued by the Coordinator…

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Now Agip too has stopped producing oil in Bayelsa

by Chi Ibe Eni, parent company of Nigerian Agip Oil Company (NAOC), has now joined Shell Petroleum and ExxonMobil in declaring force majeure on oil exports from the Brass Oil Export…

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Shell cashes out, sells four major oil fields to Nigerian firms

by Kolapo Olapoju On Wednesday, 27 August, oil and gas company, Royal Dutch Shell announced that it has sold four oil fields it owns in Nigeria, as part of its global…

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How to do an oil deal in Nigeria: A tale of middlemen and millions

by Steve LeVine There are always are middlemen, multi-million-dollar fees, meetings in luxury European hotels, and hijinx, because at least one of the parties is usually rough around the edges.…

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Wow! Oil companies owe Nigeria N1.57 trillion, greater than our capital budget

by Stanley Azuakola On Friday, the Country Chair of Shell in Nigeria, Mutiu Sunmonu expressed his dissatisfaction with the current Petroleum Industry Bill before the National Assembly. But before he…

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