Eni plan to plant trees to offset carbon emissions
Eni SpA committed to eliminating all carbon dioxide emissions from its oil and gas exploration and production operations by the end of the next decade, in part by planting forests on a large scale.
Eni
Eni reveals major oil find off Angola
Italian oil firm Eni today announced a major discovery off Angola. The Agogo discovery is thought to hold 450-650 million barrels of oil. The well was drilled by the Poseidon drillship. Agogo follows other commercial discoveries at Kalimba and Afoxé. Eni operates the block with a 36.8% stake. Its partners are Sonangol and SSI Fifteen.
Witness in Shell-Eni Nigeria trial withdraws graft accusations
A retired Swiss oil executive who previously said he had knowledge of illicit dealings over a Nigerian oil block involving Royal Dutch Shell Plc and Eni SpA reversed his statements at a trial in Milan Wednesday.
Operator killed as crane falls off Italian gas platform in Adriatic
A crane has toppled from a methane gas extraction platform, plunging into the Adriatic Sea and killing the operator, Italian energy company Eni said.
Shell faces prosecution in Netherlands over Nigeria oilfield deal
Anglo-Dutch energy giant Shell said today that it faced criminal charges over the purchase of a Nigerian oilfield in 2011.
Eni enters race for ConocoPhillips’ UK business, report says
Italian oil firm Eni has reportedly joined forces with Norwegian private-equity fund HitecVision to table a bid for ConocoPhillips' North Sea portfolio.
Exploration business boosts Eni’s profits
Italian operator Eni has reported a surge in its full-year profits, largely down to its exploration business.
Eni shells out £2.5bn for stake in Adnoc Refinery
After months of courting oil officials in Abu Dhabi, Claudio Descalzi got his prize: a stake in the world’s fourth-largest oil processing plant.
BP, Eni team up for Oman project
UK oil major BP and Italian firm Eni have joined forces to progress a new exploration opportunity in Oman.
Eni, Oman call bottom for oil at $60
Italy’s top oil producer and Oman’s energy minister predict the latest oil rebound will stick.
Newcomer makes a splash with appraisal victory in Barents
Var Energi today hailed its success with the Goliat West appraisal well in the Barents Sea.
UK North Sea exploration well spudded
Drilling has got under way on the Rowallan exploration well in the central North Sea, project partners said today.
Haliburton wins work at giant oil field in Iraq
Energy services firm Halliburton has won a contract for work on the giant Zubair Oil Field in Southern Iraq.
Qatar acquires Mexican acreage after OPEC split
Qatar Petroleum is buying stakes in three offshore oil blocks in Mexico from Eni SpA, as the Arab country signs another global expansion deal after leaving OPEC.
Nigeria launches fraud case against Shell and Eni in UK court
The Nigerian government has filed a billion-dollar claim in a British court against oil giants Royal Dutch Shell and Eni over alleged fraud and corruption that diverted millions of dollars from the African nation.
New player on the scene in Norway after Point, Eni merger
Var Energi officially launched in Stavanger yesterday following a merger between Point Resources and the Norwegian branch of Italian oil firm Eni.
Wintershall picks up stake in giant Abu Dhabi gas project
Wintershall has picked up a 10% stake in a giant gas project in Abu Dhabi.
Eni to develop Abu Dhabi gas fields as emirate targets exports
Eni SpA won rights to develop major natural gas fields in Abu Dhabi, the company’s chief executive officer said, a deal that could help the Middle Eastern emirate become a net exporter of the fuel.
Equinor says 25m barrel discovery proves Barents Sea’s potential
Equinor and partners have detected 12-25 million recoverable barrels of oil at the Skruis exploration well in the Johan Castberg licence.
Libya oil boss sees output jump as BP, Eni may restart soon
BP Plc and Eni SpA could re-start work on a project in Libya in the first quarter, setting the stage for the OPEC member to boost production by “hundreds of thousands of barrels” a day, the head of the country’s state oil company said.
Eni handed HSE notice over ‘defective valves’ at Douglas Complex
The Health and Safety Executive (HSE) has found a number of "defective" valves on platforms operated by the UK arm of Italian oil firm Eni.
Former Saipem bosses convicted of ‘international corruption’
Former bosses at Italian oil giant Saipem were convicted of international corruption by the Court of Milan last night.
Eni wins 10-year Egyptian extension through Nile Delta
Italian oil giant Eni has today announced a ten-year extension win through the Nile Delta Concession Agreement for the Abu Madi West Development Lease.
Profits more than double at Eni
First-half profits more than doubled at Eni as the Italian oil firm pumped more oil and crude prices lifted.
European oil majors outperforming peers for greenfield approvals, Rystad says
European oil major’s BP, Eni and Shell are outperforming their peers amid a wave of new project approvals in the recent downturn, analysts have said.