Libya agrees gas deal with Eni and BP
Libya has agreed with Eni ENI.MI and BP BP.L to begin extracting natural gas from a Mediterranean gas field believed to be bigger than Egypt’s huge Zohr field, the…
Eni begins process of opening accounts in Gazprombank as temporary measure
Italy’s Eni has begun the process of opening two “K” type settlement accounts with Gazprombank (one in euros, the other in rubles) as a precautionary…
Eni Boosts Dividend To Pre-COVID Level After Strong Q2 Earnings
Italy’s energy giant Eni (NYSE: E) is raising its dividend to the pre-COVID levels after reporting on Friday an adjusted net profit for the second…
Eni taps Weatherford for four-year downhole safety valve program
HOUSTON – Weatherford International has been awarded an exclusive four-year contract with Eni S.p.A. to provide a minimum of 30 Non-Umbilical Downhole Deployment Valves (NU-DDV)…
Eni Says Pandemic is Reshaping Oil Industry
Eni SpA became the latest oil company to cut its long-term price assumptions, saying the coronavirus pandemic would have a lasting impact on the industry….
Eni withdraws from Rosneft project in Black Sea
Eni has withdrawn from the joint project with Rosneft in the Black Sea and is negotiating to stop its participation in projects in the Barents…
Karachaganak consortium to pay Kazakhstan above $1bn
Kazakh Government and Karachaganak project shareholders reached a deal on disagreements, the Kazakh Energy Ministry’s press service reports. Today the Kazakh Government represented by the…
Eni granted new exploration license offshore Egypt
Eni announces that a new Concession Agreement, aimed at governing an offshore exploration license in the prolific East Nile Delta Basin of the Mediterranean Sea,…
Eni to develop large-scale wind farm in Kazakhstan
Today Eni has taken the Final Investment Decision to build, develop and operate the Badamsha plant, a 50 MW wind farm located North West of…
Eni begins collecting used cooking oils for conversion into biofuels
Eni is the first company in the world to have taken a traditional refinery and transformed it into a Bio-Refinery using proprietary technology. As of…
Eni releases its 12th sustainability report for 2017
Eni is releasing today its 12th sustainability report, Eni For 2017, showing the company’s work in integrating the principles of sustainability in all phases of its…
Iran ships 2.1m bpd of oil to global markets in March
Iran’s oil customers in Asia and Europe shipped in 2.1 million barrels per day (bpd) of Iranian crude during March, IRNA reported on Monday citing…
Italy’s Eni plans investments in Algeria worth billions in next three years
Eni plans “billions” of investments in Algeria over the next three years, the company’s CEO said on Tuesday, as the Italian energy firm said it…
LUKOIL expands presence in the Gulf of Mexico
As a result of the tender held on March 27 under the First stage of the Third Licensing Round in Mexico, LUKOIL in a consortium…
Production at Kashagan increased to 300 kB/D
Oil production at the offshore Kashagan field in the Atyrau region of Kazakhstan has approached 300 thousand barrels per day. The information was announced during…
NIDC eyes Iraqi Drilling Market
National Iranian Drilling Company (NIDC) is planning to participate in neighboring Iraq’s drilling tenders. Speaking to reported on the sidelines of an oil show in…
Eni and KMG complete transfer of subsoil use rights of Isatay block
The Ministry of Energy of the Republic of Kazakhstan, Eni and KazMunaiGas (KMG) signed yesterday the agreement to transfer to Eni 50% of the subsoil…
Eni to collect used vegetable oil from employees for biofuel
Eni has signed an agreement with Utilitalia and CONOE to boost the collection of used vegetable oil produced in the homes of its employees. The…