Shell and NNPC Sign Terms for US$21 Billion Bonga Project
NNPC, Shell, Esso and Agip signed addenda for Bonga South West Aparo, a deepwater project that could draw US$21bn and...
August 26, 2026Topic
Eni
Exxon Commits US$1.1 Billion to Mozambique’s Rovuma LNG Before Final Decision
ExxonMobil and its Area 4 partners have awarded about US$1.1bn in pre-investment contracts for Rovuma LNG in Mozambique, before any...
August 20, 2026
Algeria Gas Supply Deal: Eni, Sonatrach Ink $1.35B Pact
Algeria's Sonatrach and Italy's Eni signed a landmark gas supply deal targeting 9 bcm/year by 2023-24, reshaping European energy security.
July 22, 2026
Oando Profit Hits N204.8 Billion on the Fields Eni Left
Oando profit reached N204.8 billion in 2025 on a 32% production jump, the first full year running the Nigerian oilfields...
July 10, 2026
Argentina’s State Oil Company Vows to Drill Off Uruguay. It Has Not Been Cleared To
YPF plans OFF-5 drilling off Uruguay by 2028, but the Eni block transfer awaits approval and lawsuits loom. Inside the...
July 10, 2026
Why Gulf Oil Money Is Flowing Into Argentina’s Shale
Abu Dhabi's XRG and Eni each take a 32% stake in three Vaca Muerta blocks, as Gulf money Vaca Muerta...
July 7, 2026
Uruguay Will Drill Its First Big Oil Test in a Decade This Year
Uruguay will drill its first deepwater exploration well in a decade this year, the long-awaited test of whether it shares...
June 20, 2026