ITALIAN OIL GIANT PLANS TO GIVE UP MINING LICENSES IN TUNISIA

ITALIAN OIL GIANT PLANS TO GIVE UP MINING LICENSES IN TUNISIA

TUNIS: Italy’s Eni will stop its hydrocarbon activities in Tunisia to focus on clean energy, the Tunisian energy ministry said, amid recurrent social unrest near oil installations in the country. The giant energy company will give up mining licenses for nine oil concessions it was running jointly with the Tunisian government but will continue to invest in renewable energy in the North African country, a ministry spokesperson said. Eni declined to comment on the report….

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THE NEWLY APPOINTED PRIME MINISTER OF THE LIBYAN GOVERNMENT OF NATIONAL UNITY ABDUL-HAMID DBEIBAH MEETS ENI’S CEO CLAUDIO DESCALZI

THE NEWLY APPOINTED PRIME MINISTER OF THE LIBYAN GOVERNMENT OF NATIONAL UNITY ABDUL-HAMID DBEIBAH MEETS ENI’S CEO CLAUDIO DESCALZI

Eni’s CEO met the new Libyan PM Dbeibah and the new Minister of Oil and Gas Oun today in Tripoli to discuss Eni’s activities in the country and areas of common interest and collaboration in the fields of renewable energy, circular economy, social projects, access to health and to energy, education and professional training. Tripoli (Libya), March 21st 2021 – Abdulhamid Dbeibah, newly appointed Prime Minister of the Government of National Unity of Libya, and Claudio Descalzi,…

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NNPC HAS PAID US$1.5bn CASH CALL ARREARS TO IOCs

NNPC HAS PAID US$1.5bn CASH CALL ARREARS TO IOCs

NNPC reduces its cash call arrears to JV partners by US$1.5 billion The Nigerian National Petroleum Corporation (NNPC) via its group managing director Maikanti Baru; said it has repaid US$1.5 billion of the cash call arrears owed to its foreign oil partners. The director who made the statement at the National Association for Energy Economics, NAEE, International Conference said; “So far, we have repaid over US$1.5 billion out of the US$5.1 billion cash call arrears to date.” Evidently, this…

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