Eni profit matches estimates, gas offsets refining weakness
Eni's fourth-quarter profit matched estimates as its natural gas business helped to offset weakness in refining and chemicals.
Claudio Descalzi
Eni boss talks shop with Equatorial Guinea VP
The statement went on to say Descalzi planned to visit Malabo in the near future to present agricultural and energy projects.
Eni profits slump, but talks up new gas hub in Indonesia
Geng North is thought to hold around 5 trillion cubic feet of gas and 400 million barrels of condensate. Eni sees the Kutei Basin becoming a “new world class gas hub”.
Eni, Adnoc agree to clean energy co-operation
Eni said the companies may work together in renewable energy, blue and green hydrogen, carbon capture and storage (CCS), tackling methane emissions and other areas.
Qatar takes stake offshore Lebanon with Total, Eni
“Along with our partners, we are committed to drilling as soon as possible in 2023 an exploration well in Block 9, and our teams are mobilised to conduct these operations.”
Eni, NOC kick off $8bn gas project offshore Libya
Mellitah is the origin point for the Greenstream pipeline, which carries gas from Libya to Italy, via Sicily.
Italy wheels out top politicians for North African energy push
Data from the European Union shows Algerian gas flows to Italy up 41% year on year in the third quarter of 2022.
Eni, Sonatrach ramp up solar efforts in Berkine Basin
Eni and Sonatrach have ceremonially laid the first stone for a 10 MW solar photovoltaic (PV) plant at Bir Rebaa North (BRN), in southeast Algeria.
Mozambique, with Eni, celebrate first LNG export
Coral Sul has exported its first LNG cargo, bringing Mozambique into the exclusive club of liquefied gas exporters.
BP CEO sets out mission of “pay taxes and invest”
The energy industry’s job is to “pay our taxes” and invest, BP (LON: BP) CEO Bernard Looney told attendees at the Adipec conference today.
Eni confirms start up at Coral Sul, with BP to profit on LNG sales
Eni and ExxonMobil have both confirmed the start up of the Coral Sul floating LNG (FLNG) project, offshore Mozambique.
Eni profit beats estimates despite falling oil price, output
Eni's profit remained strong in the third quarter, beating estimates despite a decline in oil and gas prices.
Adnoc, Eni talk up acceleration of Ghasha plan
Adnoc and Eni have held high-level talks on accelerating development at the Ghasha sour gas project, in a bid to increase global supply.
Descalzi talks Damietta exports, as Zohr plateaus
Eni CEO Claudio Descalzi has held talks with Abdel Fattah al-Sisi on increasing investments in Egypt, upping gas exports and domestic renewable energy.
NOC secures investment pledges from Eni, TotalEnergies
Libya’s National Oil Corp. (NOC) chairman Farhat Bengdara has visited the heads of Eni and TotalEnergies in their home offices, seeking new investments.
Choosing fast FLNG to cash in on sky-high gas prices
High gas prices represent an opportunity for those already producing, but those working on new supplies are feeling the need to accelerate plans. Floating LNG (FLNG) offers one solution, being faster to market than onshore projects.
Eni boosts Baleine discovery with follow-up exploration
Eni (MIL:ENI) has drilled an exploration well marking a second discovery on the Baleine structure, offshore Cote d’Ivoire.
Eni, TotalEnergies, Oxy commit to $4bn Berkine Basin spend
Eni, TotalEnergies, Occidental Petroleum and Sonatrach have signed a production-sharing contract (PSC) extending control over two blocks in Algeria’s Berkine Basin.
Sonatrach scores major Hassi R’Mel addition
Sonatrach has made a significant addition to its reserves at the Hassi R’Mel licence.
Eni, Sonatrach agree on fast-track gas developments
Eni and Sonatrach have signed a memorandum of understanding (MoU) on accelerating gas plans and a move towards green hydrogen.
Updated: Italy ties up gas plans with Angola, Congo Brazzaville
Italy has secured a deal to increase gas supplies from Angola, following high level talks between Italian Minister of Foreign Affairs Luigi di Maio and Angolan President João Lourenço.
Eni signs up Egypt gas flows following Algerian commitment
Eni has signed a deal to secure more gas flows for Italy from Egypt, just two days after striking a similar agreement with Algeria.
Descalzi moves on to Algeria in gas hunt
Eni CEO Claudio Descalzi has continued his progression around North Africa, holding talks with top Algerian officials on April 3.
Eni boss talks gas with Egyptian president
Eni CEO Claudio Descalzi has held talks today with Egyptian President Abdel Fattah al-Sisi around gas and exports.
Eni flags Africa and gas growth to tackle demand crunch
Africa will play a critical role in providing more supply for Eni’s portfolio, CEO Claudio Descalzi set out during the company’s capital markets day.