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Zohr On Target, Rosneft Farm-In Questioned
...ws that both Eni and its CEO Mr Descalzi have been charged by Italian prosecutors for their alleged roles in an international corruption case regarding the 2011 purchase of Nigerian acreage for some $1.3bn. Mr Descalzi will face trial with former Eni CEO Paolo Scaroni and nine other individuals in...
Volume: 60Issue: 09Published at Fri, 03 Mar 2017 -
Aramco Pays Petronas $7bn For 50% Stake In Rapid Project
...uthwestern Yunnan province, having signed a memorandum of understanding in March 2011. CNPC has finished building the 260,000 b/d refinery, the first in the landlocked province, and aims to import crude for the plant via a spur line from the 2,400km, 440,000 b/d Myanmar-China pipeline, which will receive cr...
Volume: 60Issue: 09Published at Fri, 03 Mar 2017 -
IOCs Continue To Play It Safe In Libya
...rms. It accounts for the bulk of Libya’s gas output and has been responsible for all of its gas exports since LNG shipments halted in early 2011 (see chart). LIBYAN GAS EXPORTS (MN CFD)* *ALL EXPORTS ARE TO ITALY VIA THE ENI-OPERATED GREENSTREAM PIPELINE. SUPPLIES COME FROM ENI’S WAFA AND BA...
Volume: 60Issue: 09Published at Fri, 03 Mar 2017