Oil
Eni sells Nigerian onshore oil stake to Nitin Sandesara’s Sterling Oil subsidiary
CEII brief
Nigerian Tribune reported on 28 Oct 2026: Eni sells Nigerian onshore oil stake to Nitin Sandesara’s Sterling Oil subsidiary.
Read the full story on Nigerian TribuneItalian energy company Eni has completed the sale of its Nigerian subsidiary, Agip Energy and Natural Resources (Nigeria) Limited (AENR), to
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
85.9% of Nigeria’s merchandise exports were fuels in 2025Countries in this story
Original reporting © Nigerian Tribune. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
