Search results for: Eni

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  • 22 April 2020
    Business & Finance, Business developments & projects, Exploration & Production

    The U.S. Securities and Exchange Commission is closing its investigation into Eni related to its involvement into a license located offshore Nigeria as well as its activities in Congo.

  • 1 October 2019
    Business & Finance

    Eni has said it has received confirmation from the U.S. Department of Justice that the DOJ has closed its investigation of Eni with respect to the Nigerian offshore license OPL 245 and Algeria matters without taking any action.

  • 9 February 2017

    By Bartolomej Tomic Italian prosecutors have reportedly charged Eni and its CEO Claudio Descalzi with international corruption over the controversial acquisition of an offshore block in Nigeria in 2011. Apart from Descalzi, the charge reportedly extends to the former CEO Paolo Scaroni and nine other people involved in the $1.3 bilion deal. Scaroni served as […]

  • 27 September 2019
    Business & Finance

    Claudio Descalzi, CEO of Italian oil company Eni, is under investigation for a potential conflict of interest with regards to contracts awarded by Eni Congo S.A. to Petroservice. Descalzi firmly rejects the allegation.

  • 24 October 2018
    Business & Finance

    Credit rating’s agency Moody’s has downgraded Italian oil company Eni’s long-term credit rating to Baa1 from A3 with Stable Outlook.

  • 28 October 2016

    Italian oil and gas company Eni on Friday reported a second-quarter net loss, caused by low oil and gas prices.

  • 2 November 2015

    Italy’s Eni and partners have been awarded A5-A block offshore Mozambique in the fifth competitive bidding round.

  • 19 October 2015

    The President of the Republic of Egypt, Abdel Fattah Al-Sisi, and Eni’s Chief Executive Officer, Claudio Descalzi, met in Cairo to discuss Eni’s activities in the country.

  • 1 June 2015

    Italian oil and gas company, Eni, has informed that an audit by an independent U. S. law firm found no evidence of illegal conduct in relation to Eni and Shell’s acquisition of OPL 245, offshore Nigeria.  In 2014, the Milan Prosecutor’s office launched an investigation into over $1 billion worth acquisition of block OPL 245 by Eni […]