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Oil

Nitin Sandesara’s Sterling Oil takes over Eni’s AENR, joins Renaissance JV

Source: Vanguard News

CEII brief

Vanguard News reported on 28 Oct 2026: Nitin Sandesara’s Sterling Oil takes over Eni’s AENR, joins Renaissance JV.

LAGOS: Italian oil major Eni has completed the sale of its Nigerian onshore subsidiary, Agip Energy and Natural Resources (Nigeria) Limited ( ...

— Vanguard News
Read the full story on Vanguard News

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 2025

Countries in this story

Original reporting © Vanguard News. 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.

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