Entries in Eni SpA (7)
The law firm at the center of the Panama Papers leak may have helped facilitate an alleged multi-million corruption scheme tied to Sonatrach contracts won by Saipem.
A judge in Milan ordered Italian oil and gas services firm Saipem to go on trial for alleged bribery in Algeria.
A corruption trial involving former executives at Algeria's state-owned oil company Sonatrach was adjourned Sunday shortly after it began when witnesses failed to appear.
Italian prosecutors investigating state-owned oil giant Eni SpA over a Nigeria oilfield deal three years ago believe half of the $1.1 billion that Eni paid went as bribes to government officials or to intermediaries with close ties to them.
The CEO of Italy's biggest oil company, Claudio Descalzi, is under investigation by Milan prosecutors for alleged corruption tied to the company's 2011 acquisition of a Nigerian deepwater offshore block for $1.09 billion.
The CEO of Italian energy giant Eni, Paolo Scaroni, was sentenced to three years in prison Monday over inadequate environmental standards at a power plant when he was CEO at Italian utility Enel.