Skip to content
September 30, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • Nigeria withdraws $1.1 bln claim against Eni on oil field deal – Bloomberg News
  • Business & Economy

Nigeria withdraws $1.1 bln claim against Eni on oil field deal – Bloomberg News

Admin November 16, 2023
Eni

Eni

November 16, 2023

Nigeria is withdrawing civil claims totalling $1.1 billion against energy producer Eni SPA, Bloomberg News reported on Thursday.

The West African country’s justice ministry will waive the claims before Italy’s highest court “unconditionally” and “with immediate effect” no later than Nov. 17, the report said citing a letter regarding the OPL 245 field and seen by the newswire.

Responding to a request for comment, an Eni spokesperson confirmed that the group had received the letter regarding OPL 245, and said it was pleased about the Nigerian government’s decision.

The energy group added it was ready to consider – together with the government of Nigeria – the necessary steps for achieving the conversion of the licence from prospecting into mining, to ensure development perspectives for the field.

In 2021 a Milan court acquitted Eni, its chief executive and Shell over an corruption case revolving around the acquisition of the Nigerian oilfield.

REUTERS

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Bloomberg Eni

Post navigation

Previous Insecurity: We inherited tough period, that is the reality – says Ribadu at editors conference
Next For transparency, accountability sake disclose the exact degree of deficit you inherited – Obi tells FG

Related Stories

Honeywell to help build Dangote’s new Kenyan mega-refinery William Ruto
  • Business & Economy

Honeywell to help build Dangote’s new Kenyan mega-refinery

September 30, 2026
Dangote to begin construction of $16 billion East Africa refinery in Kenya Aliko Dangote
  • Business & Economy

Dangote to begin construction of $16 billion East Africa refinery in Kenya

September 30, 2026
NGX Group Chairman Woos East African Investors for Upcoming Dangote Refinery IPO
  • Business & Economy
  • National News

NGX Group Chairman Woos East African Investors for Upcoming Dangote Refinery IPO

September 29, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Honeywell to help build Dangote’s new Kenyan mega-refinery William Ruto
  • Business & Economy

Honeywell to help build Dangote’s new Kenyan mega-refinery

September 30, 2026
Nigeria ​‌‌‌⁠‍‍⁠⁠‌⁠⁠​‍⁠‌⁠​‌​rejects nuclear deterrence, demands total elimination of atomic weapons countries expand
  • National News

Nigeria ​‌‌‌⁠‍‍⁠⁠‌⁠⁠​‍⁠‌⁠​‌​rejects nuclear deterrence, demands total elimination of atomic weapons

September 30, 2026
EFCC ​‌‌‌⁠‍‍⁠⁠‌⁠⁠​‌​‍​​‌​commences investigation of suspect arrested with $265,000 in Kano Scammers
  • National News

EFCC ​‌‌‌⁠‍‍⁠⁠‌⁠⁠​‌​‍​​‌​commences investigation of suspect arrested with $265,000 in Kano

September 30, 2026
Dangote to begin construction of $16 billion East Africa refinery in Kenya Aliko Dangote
  • Business & Economy

Dangote to begin construction of $16 billion East Africa refinery in Kenya

September 30, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.