Italian energy giant Eni S.p.A. (ENI) reported a significant 25% decline in its adjusted net profit for the second quarter of 2025, falling to €1.13 billion from €1.52 billion in the same period last year. […]
Under the terms of the SPA, Eni will purchase 2 million tonnes per annum (mtpa) of LNG from the first phase of Venture Global’s third facility, CP2 LNG, for 20 years, according to a statement […]
United Arab Emirates-based jackup rig pure-play Shelf Drilling has won an extension for one of its rigs. Italian energy giant Eni awarded a one-year extension to the 1980-built Key Manhattan. Work under the extension will […]
Eni is selling nearly half of its carbon capture business, which prompts me to pause and examine the overall market first. We have seen the failure of Shell and BP’s run at the green energy […]
According to a statement by the National Petroleum Institute of Mozambique, the Council of Ministers of Mozambique approved the development plan for the Coral Norte FLNG project in a meeting on Tuesday. This marks a […]
According to a statement by the National Petroleum Institute of Mozambique, the milestone cargo was loaded on Saturday. INP did not provide details regarding the shipment. According to its AIS data provided by VesselsValue, the […]
Geneva-based energy trader Vitol has agreed to buy a stake in Eni’s Congo LNG project as part of a deal announced on Wednesday. According to a statement by Italy’s Eni, Vitol will acquire interests in […]
An explosion has rocked the Trans-Niger Pipeline at Bodo, Gokana Local Government Area of Rivers State. The affected section of the major pipeline is currently on fire, though the exact cause of the explosion remains […]
Italy’s Eni and Malaysia’s Petronas plan to establish a joint venture company to oversee selected upstream assets in Indonesia and Malaysia. The two firms announced on Thursday an exclusive memorandum of understanding to progress detailed […]
According to its 2024 results report released on Thursday, Eni sold 9.8 bcm (7.2 million tonnes of LNG) in 2024. Full-year LNG sales rose 2 percent compared to 9.6 bcm in 2023. Moreover, Eni sold […]
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