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The Abuja Court of Appeal rejected Malabu Oil & Gas’s lawsuit against Agip, Eni’s subsidiary, by upholding the statute of limitations on the OPL 245 oil block case.
The Abuja Court of Appeal rejected Malabu Oil & Gas’s lawsuit against Agip, Eni’s subsidiary, by upholding the statute of limitations on the OPL 245 oil block case.
TotalEnergies sells its 12.5% stake in the offshore Bonga oil field to Shell for $510mn, raising the British group's share to 67.5% in the OML 118 block off the Nigerian coast.
TotalEnergies sells its 12.5% stake in the offshore Bonga oil field to Shell for $510mn, raising the British group's share to 67.5% in the OML 118 block off the Nigerian coast.
Falling oil prices strain shareholder returns as supermajors weigh high dividends against cash flow stability.
Falling oil prices strain shareholder returns as supermajors weigh high dividends against cash flow stability.
Italian group Eni enters exclusive talks with Ares to sell a minority stake in Plenitude as part of a targeted funding strategy for its low-carbon subsidiaries.
Italian group Eni enters exclusive talks with Ares to sell a minority stake in Plenitude as part of a targeted funding strategy for its low-carbon subsidiaries.
The Venezuelan government confirmed it will continue operating Chevron’s oil fields after the US-imposed withdrawal of the American company.
The Venezuelan government confirmed it will continue operating Chevron’s oil fields after the US-imposed withdrawal of the American company.
In response to increasingly stringent environmental regulations, the world's leading oil companies are significantly boosting their investments in carbon capture and storage (CCS) technologies, reshaping their industrial and financial strategies.
In response to increasingly stringent environmental regulations, the world's leading oil companies are significantly boosting their investments in carbon capture and storage (CCS) technologies, reshaping their industrial and financial strategies.
The International Energy Agency (IEA) has lowered its forecasts for global refinery runs due to weak profit margins, particularly impacting China and Europe.
The International Energy Agency (IEA) has lowered its forecasts for global refinery runs due to weak profit margins, particularly impacting China and Europe.
Eni is in advanced discussions with KKR to sell 20% of its biofuels subsidiary Enilive. Other investors, such as Stonepeak, are showing an interest in a new stake.
Eni is in advanced discussions with KKR to sell 20% of its biofuels subsidiary Enilive. Other investors, such as Stonepeak, are showing an interest in a new stake.
Technip and JGC Corporation have been commissioned to carry out the engineering for the Rovuma LNG project, an important milestone in the finalization of the project. The aim is to lay the foundations for a final investment decision expected in 2025.
Technip and JGC Corporation have been commissioned to carry out the engineering for the Rovuma LNG project, an important milestone in the finalization of the project. The aim is to lay the foundations for a final investment decision expected in 2025.
Eni, the Italian oil company, is launching new exploration activities in Libya's Ghadames Basin, with the aim of exploiting under-exploited oil resources despite the country's political instability.
Eni, the Italian oil company, is launching new exploration activities in Libya's Ghadames Basin, with the aim of exploiting under-exploited oil resources despite the country's political instability.

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