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Botas
Finance

Botas pens three-year LNG supply deals with BP, Shell, and Eni

September 11, 2025 Mariel Alumit

Turkey’s Energy Minister Alparslan Bayraktar said via his social media channels that the deals were signed on Tuesday during the Gastech exhibition and conference, currently being held in Milan, Italy. Under the agreement with BP, […]

Tango FLNG
Finance

Eni, Exmar in arbitration over Tango FLNG performance bonus

September 7, 2025 Mariel Alumit

Exmar confirmed in its half-year report that the two firms failed to agree on the performance bonus, and Eni has “referred this matter to the London Court of International Arbitration.” Back in 2022, Exmar sold the FLNG […]

Eni
Earnings

Eni boosts LNG sales in Q2

July 26, 2025 Mariel Alumit

According to its quarterly results report released on Thursday, Eni sold 2.8 bcm (2.1 million tonnes of LNG) in the second quarter of this year. Quarterly LNG sales rose 27 percent compared to 2.7 bcm in […]

Mozambique
Big Oil Companies

ENI’s Profit Drops 25% in Q2 2025 Amid Lower Oil Prices and Currency Headwinds

July 25, 2025 Clark Savage

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. […]

Venture Global
Exports

Venture Global, Eni ink 20-year CP2 LNG supply deal

July 17, 2025 Mariel Alumit

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 […]

Shelf Drilling
Big Oil Companies

Shelf Drilling wins rig extension from Eni

July 8, 2025 Mariel Alumit

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 […]

Big Oil Companies

Eni selling nearly half of its carbon capture business to BlackRock’s GIP

May 29, 2025 Stu Turley

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 […]

Mozambique
Exports

Mozambique approves Eni’s Coral Norte FLNG project

April 9, 2025 Mariel Alumit

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 […]

Mozambique
Exports

Eni’s Mozambique FLNG ships 100th cargo

April 7, 2025 Mariel Alumit

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 […]

Eni’s Congo LNG project
Big Oil Companies

Vitol to buy stake in Eni’s Congo LNG project

March 19, 2025 Mariel Alumit

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 […]

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