BP, Eni to combine Angolan assets in new joint venture
BP and Eni have reached an agreement to combine their Angolan businesses in a 50:50 joint venture.
Claudio Descalzi
Eni CEO toasts ‘excellent results’ after Italian supermajor reverses losses
Eni (BIT: ENI) is back in the black after an “excellent” financial year in which it accelerated the pace of its transformation strategy.
Eni signs off on Berkine plan with Sonatrach
Eni has signed a new contract on the Berkine Basin with Sonatrach, while also setting out decarbonisation plans.
Coral Sul sets off for Mozambique
The Coral Sul floating LNG (FLNG) vessel left Samsung Heavy Industries (SHI) shipyard this morning on its way to Mozambique.
Eni, Cote d’Ivoire talk Baleine development
Eni CEO Claudio Descalzi has held talks with Cote d’Ivoire President Alassane Ouattara on plans to fast track the development of the Baleine 1-X discovery.
Eni, Mubadala sign energy transition agreement
Eni has struck a memorandum of understanding (MoU) with Mubadala Petroleum on hydrogen and carbon capture and storage (CCS).
Eni back in the black for Q1, plans IPO or stake sale in new renewables unit
Eni has swung back to profits in Q1 as commodity prices improved, and announced plans for an IPO or stake sale in a new renewables unit.
Eni to relaunch Berkine work in Algeria deal
Eni has signed a number of agreements, including on relaunching exploration and development, with Algeria’s Sonatrach.
Eni settles Congo charges
An Italian judge has approved a settlement with Eni over alleged corruption in Congo Brazzaville.
Eni nears Damietta LNG loading, eyes Qatar LNG entry
Eni intends to boost contracted LNG volumes to 14 million tonnes per year by 2024 and is in talks on entering Qatar Petroleum’s (QP) major expansion.
Oil price recovery drives E&P result for Eni
Eni reported strong results for the fourth quarter, with an adjusted operating profit of 802 million euros ($972.5mn) reported at its exploration and production unit.
Eni, SNOC start up Mahani
Eni and Sharjah National Oil Corp. (SNOC) have started producing gas and condensate at the Mahani field, less than one year after being discovered.
Eni discusses Mombasa refinery conversion
Eni and Kenya have held talks on a number of potential green plans in the East African country, including the conversion of the Mombasa refinery.
Eni, PTTEP take Abu Dhabi offshore block
Eni and Thailand’s PTT Exploration and Production (PTTEP) have won the first offshore block in Abu Dhabi’s second bid round, Adnoc has announced.
Adnoc launches product trader
Adnoc has launched its second trading arm, focusing on refined products.
Eni comes calling in Tripoli
Eni’s CEO Claudio Descalzi has held talks with the head of the Government of National Accord (GNA) Fayez al Sarraj and the chairman of the National Oil Corp. (NOC) Mustafa Sanalla.
Eni talks gas with Sonatrach
Sonatrach has signed gas agreements with Eni following a high-level meeting in Algiers.
Eni slashes 2020 capex budget by more than £2bn due to Covid-19 and oil price crisis
Italian oil and gas exploration firm Eni has announced that it will slash its capital expenditure (CAPEX) budget for 2020 by more than £2 billion.
Descalzi in line for Eni spot despite objections
The Italian government has expressed its support for Claudio Descalzi to remain in his post as CEO of Eni despite misgivings voiced from a number of sources.
Updated: DoJ ends Eni scrutiny over OPL 245, Algeria
The US Department of Justice (DoJ) has ended its investigation of Eni over the OPL 245 affair and Algeria, the Italian company has said, without taking any further action.
Exploration business boosts Eni’s profits
Italian operator Eni has reported a surge in its full-year profits, largely down to its exploration business.
Turkish ships blockade ‘out of our hands’, says Eni CEO
Turkey's blockade of ships that has hemmed in an Eni vessel bound for drilling off the coast of Cyprus is a diplomatic issue that cannot be solved by the company, said Eni's CEO today.
Eni becomes first major to drill off Mexico since 2013 energy reforms
Italian giant Eni has been crowned the first international oil major to drill in Mexico since the country's 2013 energy reform.
Video: Eni to cut costs and sell assets to become leaner player
Italian oil company Eni aims to save EUR13billion from cost cutting and asset sales as it aims to become a leaner organisation in the new low oil price environment,
“Supergiant” gas field found in Egypt
Italian energy company Eni has discovered a “supergiant” natural gas field off Egypt.