Rome, Italy | XINHUA | The head of Eni, Italy’s largest oil and gas company said he thought his country would be able to make it through the upcoming winter without major problems despite Russia’s decision to cut off gas supplies, Italian media reported on Thursday. Based on increased gas …
Read More »Trouble for Rukutana
Will `God’ forgive him again? Kampala, Uganda | THE INDEPENDENT | Mwesigwa Rukutana, the Minister of State Minister for Labour who was arrested and remanded to prison on Sept.05 in relation to violence in the just concluded NRM parliamentary primary elections, is no stranger to the top and down of …
Read More »Shell, ENI accused of negligence over Nigeria oil spills
Lagos, Nigeria | AFP | Nigeria was on Friday urged to re-open investigations into 89 oil spills in its southern delta region, after claims that Shell and ENI misreported the causes. Rights group Amnesty International said there were “reasonable doubts” about how the spills happened, suggesting corrosion rather than oil …
Read More »Italian giants Eni to build oil refinery in Nigeria
Abuja, Nigeria | AFP | Italian oil group Eni’s Nigerian subsidiary Agip is planning a 150,000-barrel per day refinery as part of efforts to reduce imports, junior oil minister Emmanuel Ibe Kachikwu said. Kachikwu met representatives from Eni and said agreement had been reached to build the facility in the …
Read More »Eni deal: Heritage share price stays low
By Independent team Experts say Uganda assets undervalued Government to state position on Tullow in January After an initial surge on speculation that its Ugandan assets may fetch a higher price than Eni had offered, Heritage Oil shares on the London Stock Exchange settled lower. Heritage, run by Tony Buckingham, …
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