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ENI Eni Spa

14.708
-0.116 (-0.78%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Eni Spa BIT:ENI Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.116 -0.78% 14.708 14.662 14.80 14.854 14.656 14.846 8,546,828 17:00:00

Bomb Attacks Cause Massive Oil Spill in Nigeria

01/02/2016 2:57pm

Dow Jones News


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Associated Press 

WARRI, Nigeria--Multiple bombings of Agip oil pipelines have caused thousands of barrels of oil to pollute waterways, farms and fishing grounds in southern Bayelsa state, Nigerian residents said Monday.

Fishermen said oil had flowed unchecked for two days.

A spokesman for Agip's Italian parent company ENI said 16,000 barrels of oil a day have been lost. The company began work to resume production on Monday. The official refused to be named.

Community leader Eke-Spiff Erempagamo said the spill in the Brass local government area was "massive--the biggest in years."

Residents blamed the bombings that took place on Thursday and Friday on militants who want a bigger share of oil revenues.

The government said similar attacks last week are costing $2.4 million a day.

 

(END) Dow Jones Newswires

February 01, 2016 09:42 ET (14:42 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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