Paolo Scaroni http://www.globalpost.com/taxonomy/term/31102/all en URGENT ¥¥¥ Italian energy chief investigated over Algeria bribes: reports http://www.globalpost.com/dispatch/news/afp/130207/urgent-italian-energy-chief-investigated-over-algeria-bribes-reports <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The chief executive of Italian energy major ENI, Paolo Scaroni, is under investigation over alleged bribes linked to work in Algeria, ANSA news agency and Dow Jones Newswires reported on Thursday.</p> <p>Financial police raided Scaroni's home in Rome and ENI's headquarters near Milan as part of their investigation, which revolves around ENI's oil services subsidiary Saipem, the reports said.</p> <p>Contacted by AFP, ENI declined to comment.</p> <p>ahe/dt/arp</p> Eni Paolo Scaroni AFP Thu, 07 Feb 2013 17:01:24 +0000 5749091 at http://www.globalpost.com Italian energy chief probed over Algeria bribes: reports http://www.globalpost.com/dispatch/news/afp/130207/italian-energy-chief-probed-over-algeria-bribes-reports <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The chief executive of Italian energy major ENI, Paolo Scaroni, is under investigation over alleged bribes linked to work in Algeria, ANSA news agency and Dow Jones Newswires reported on Thursday.</p> <p>Financial police raided Scaroni's home in Rome and ENI's headquarters near Milan as part of their investigation, which revolves around ENI's oil services subsidiary Saipem, the reports said.</p> <p>Contacted by AFP, ENI declined to comment.</p> <p>ENI shares plunged on the Milan stock exchange following the reports, closing the session with a 4.62 percent plunge to 17.33 euros.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130207/italian-energy-chief-probed-over-algeria-bribes-reports" target="_blank">read more</a></p> Eni Italy Paolo Scaroni AFP Thu, 07 Feb 2013 17:15:54 +0000 5749102 at http://www.globalpost.com Italian energy chief investigated over Algeria bribes http://www.globalpost.com/dispatch/news/afp/130207/italian-energy-chief-investigated-over-algeria-bribes <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Italian energy major Eni's CEO Paolo Scaroni has been placed under investigation over alleged bribes linked to work in Algeria, the company said on Thursday, denying any involvement in the scandal.</p> <p>Financial police raided Scaroni's home in Rome and Eni's headquarters near Milan as part of their investigation, which revolves around contracts won by Eni's oil services subsidiary Saipem.</p> <p>"Eni and its CEO declare themselves totally unrelated to the object of investigation," the company said in a statement.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130207/italian-energy-chief-investigated-over-algeria-bribes" target="_blank">read more</a></p> Eni Italy Paolo Scaroni AFP Thu, 07 Feb 2013 18:31:10 +0000 5749240 at http://www.globalpost.com Italian energy chief investigated over Algeria bribes http://www.globalpost.com/dispatch/news/afp/130207/italian-energy-chief-investigated-over-algeria-bribes-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Italian energy major Eni's CEO Paolo Scaroni has been placed under investigation over alleged bribes paid to win contracts in Algeria, the company said on Thursday, denying any involvement in the scandal.</p> <p>Financial police raided Scaroni's residence in Rome and Eni's headquarters near Milan in their inquiry, which revolves around Eni's oil services subsidiary Saipem and its work on Algerian energy infrastructure.</p> <p>"Eni and its CEO declare themselves totally unrelated to the object of investigation," the company said.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130207/italian-energy-chief-investigated-over-algeria-bribes-0" target="_blank">read more</a></p> Eni Italy Paolo Scaroni AFP Thu, 07 Feb 2013 23:45:44 +0000 5749494 at http://www.globalpost.com Prosecutors probe Eni CEO contact with Algeria bribe "fixer" http://www.globalpost.com/dispatch/news/thomson-reuters/130208/prosecutors-probe-eni-ceo-contact-algeria-bribe-fixer <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Stephen Jewkes and Manuela D'Alessandro</p> <p>MILAN, Feb 8 (Reuters) - A warrant to search the premises of Eni chief executive Paolo Scaroni was based on a meeting he had with the man alleged to have distributed bribes to win Algerian gas contracts for group company Saipem .</p> <p>State-controlled Eni is the biggest listed Italian company and the leading foreign energy operator in Algeria, where Italy sources 30 percent of its gas, making the North African country vital to its energy security.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130208/prosecutors-probe-eni-ceo-contact-algeria-bribe-fixer" target="_blank">read more</a></p> Eni Paolo Scaroni Saipem Thomson Reuters Fri, 08 Feb 2013 18:45:43 +0000 5750442 at http://www.globalpost.com Algeria vows tough action in Italian bribery scandal http://www.globalpost.com/dispatch/news/afp/130220/algeria-vows-tough-action-italian-bribery-scandal <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Algeria vowed Wednesday to take tough action against any officials at state energy firm Sonatrach found to have accepted bribes from Italian company Eni.</p> <p>Eni's chief executive Paolo Scaroni is already under investigation in Italy over alleged bribes paid to win contracts in Algeria for Saipem SpA, a subsidiary of Eni.</p> <p>That inquiry is into suspected bribes given to Sonatrach, where several top executives including the president were forced to resign two years ago due to the scandal.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130220/algeria-vows-tough-action-italian-bribery-scandal" target="_blank">read more</a></p> Eni Paolo Scaroni Sonatrach AFP Wed, 20 Feb 2013 16:45:58 +0000 5761232 at http://www.globalpost.com Algeria expects swift progress in Eni-Sonatrach probe http://www.globalpost.com/dispatch/news/thomson-reuters/130308/algeria-expects-swift-progress-eni-sonatrach-probe <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>ALGIERS, March 8 (Reuters) - Algeria expects its investigation into allegations of corruption involving state energy company Sonatrach and Italy's Eni to progress rapidly once it receives responses to requests for assistance from overseas authorities.</p> <p>Algiers public proscutor Belkacem Zeghmati launched the probe last month after Milan prosecutors said they were investigating Eni head Paolo Scaroni over alleged bribes paid to win contracts in Algeria for Saipem, in which Eni holds a 43 percent stake.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130308/algeria-expects-swift-progress-eni-sonatrach-probe" target="_blank">read more</a></p> Eni Paolo Scaroni Thomson Reuters Fri, 08 Mar 2013 12:30:18 +0000 5777088 at http://www.globalpost.com Eni says quarterly profit hit by weak European demand http://www.globalpost.com/dispatch/news/afp/140429/eni-says-quarterly-profit-hit-weak-european-demand <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Italian energy giant Eni reported a 14.3-percent drop in its adjusted net income for the quarter on Tuesday, due to weak European demand and reduced output from Libya.</p> <p>The first-quarter profit of the group, known for its logo of a dog with six legs, fell to 1.19 billion euros ($1.65 billion) from 1.39 billion euros a year earlier, in line with expectations of analysts polled by Dow Jones Newswires.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2014.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/140429/eni-says-quarterly-profit-hit-weak-european-demand" target="_blank">read more</a></p> Eni Paolo Scaroni Political geography AFP Tue, 29 Apr 2014 12:21:26 +0000 6133772 at http://www.globalpost.com