Niger Delta Stakeholders Demand Halt to Oil Bloc Licensing Review

Niger Delta Stakeholders Demand Halt to Oil Bloc Licensing Review

CSOs Demand Halt to IOC Divestment in Niger Delta A coalition of local and international CSOs urged President Bola Tinubu to pause all divestment plans by International Oil Corporations (IOCs) in the Niger Delta. They insisted that Shell, Total, ENI, and other IOCs address environmental and social issues tied to their operations before exiting. The … Read more

Nigeria, a Global Investment Destination, Tinubu Assures ENI

Nigeria, a Global Investment Destination, Tinubu Assures ENI

On Friday, President Bola Tinubu welcomed a delegation from ENI, an international energy company, led by CEO Claudio Descalzi, in Abuja. Eko Hot Blog reports that during the meeting, Tinubu outlined his administration’s ambition to transform Nigeria into a premier investment hub through strategic initiatives. Ajuri Ngelale, the president’s special adviser on media and publicity, … Read more

Award of Malabu Oil Bloc Illegal, Nigerian Consultant Tells Italian Court

  A University of Lagos don, Dayo Ayoade, Wednesday, told an Italian Court in Milan that the award of the controversial Malabu Oil Bloc (OPL 245) to Shell and ENI was illegal. Mr. Ayoade, a consultant hired by Italian prosecutors who teaches oil law at UNILAG, spoke at the resumption of the long-running case involving … Read more