Oando PLC on Thursday announced its successful acquisition of the Nigerian Agip Oil Company (NAOC) from Italian energy giant Eni for a total consideration of $783 million. The company confirmed…
Read More Oando PLC officially acquires Nigerian Agip Oil Company for $783 Million
An appeals court in Milan on Friday rejected Nigeria’s $1.092 billion compensation request against Italian energy group Eni SpA and Shell Plc in civil proceedings relating to a $1.3 billion…
Read More Court rejects Nigeria’s compensation request against Eni, Shell
A Milan court on Wednesday acquitted energy companies ENI and Shell in Nigeria’s oil industry’s biggest corruption scandal. Also acquitted by the court was a long list of past and…
Read More Malabu scandal: Milan court acquits Shell, ENI
