Eni’s CEO, COO under investigations on corruption allegations in Nigeria

Italian oil and gas giant Eni has said it is cooperating with the Milan prosecutor’s office in relation to the preliminary investigation launched on the acquisition of the Nigerian block … Read More

Infrastructure, regulatory uncertainty and corruption remain hurdles in Africa’s oil & gas sector – PwC Review

[twitter-follow screen_name=’oilnewskenya’] The challenges facing oil & gas companies operating in Africa continue to be diverse and numerous fuelled by fraud, corruption, theft, poor infrastructure and a lack of skilled … Read More

Tullow Oil pioneers in publishing extractive industry transparency report

[twitter-follow screen_name=’oilnewskenya’] In 2012, Tullow generated sales revenue of $2.3 billion. Governments received $573 million in taxes, royalties and other payments and over three million barrels of oil in relation … Read More

Uganda parliament clears Tullow Oil of corruption allegations

[twitter-follow screen_name=’oilnewskenya’] Uganda’s parliamentary ad hoc committee investigating allegations of bribery and corruption by Tullow Oil Plc in the country has said it did not find any credible evidence to … Read More