Tag: Eni

Mozambique to set up independent fund to invest mineral sales income

 Mozambique's government plans to set up a sovereign investment fund where taxes paid on sales of the country's minerals will be used to finance development projects, state-run AIM news agency said on...

Nigerian court to rule on Shell & ENI dispute with authorities

The court last month ordered the temporary seizing of assets and the transfer of operations of the OPL 245 field owned by Shell and Eni.

Eni Angolan project ahead of schedule

Eni began producing from the West Hub Project in the same block at the end of 2014.

Nigeria court orders temporary transfer of Shell & Eni oilfield

The court orders will last until Nigeria's anti-corruption agency concludes an investigation.

Ghana gets fresh $517m World Bank loan for oil & gas

Ghana's $7.7 billion Sankofa oil and gas project gets fresh World Bank financing

Eni sells 30 pct stake in Egypt's Zohr gas field to Rosneft

Eni said Rosneft would reimburse pro-rata investments already carried out by the Italian group totalling around $450 million at present.

Mozambique approves changes to LNG contracts with Anadarko & Eni

The government opted to relinquish its right to receive in kind its quota of available gas as well as the gas production tax.

No reason given for sacking of Mozambique's energy minister

No reason was given for the dismissal of Couto, who had held the energy portfolio since January 2015.