TotalEnergies TTEF.PA of France and Italy’s Eni ENI.MI on Monday announced a significant natural gas discovery at the Cronos-1 well off Cyprus. The island reported its first natural gas discovery, Aphrodite, in 2011, measuring around […]
Italian oil and gas company Eni has secured a $6.1 billion financing through its Sustainability-linked Financing Framework targets, updated in May 2022. The five-year sustainability revolving credit line is linked to two of the targets. […]
Italian oil major Eni has made another significant gas discovery of 1-1.5 trillion cubic feet (tcf) of raw gas in place, in a deeper zone, in its first exploration well drilled in Offshore Block 2 […]
(Bloomberg) — Eni SpA plans to spend at least 2.5 billion euros ($2.4 billion) over the next four years in the UK, amid government calls on energy companies to increase investments or face a windfall […]
Brazzaville (Republic of Congo), 21 April 2022 – In the presence of the Minister of Foreign Affairs of the Republic of Congo Jean-Claude Gakosso, of the Italian Minister of Foreign Affairs, Luigi di Maio, and of […]
Goldman Sachs sees big oil companies perform well in 2022, boosted by strong positive consensus earnings revisions, improved ESG credentials, and accelerating buybacks The brokerage points to “an era of structurally higher commodity prices on diminishing […]
Italian oil major, Eni, announced this week that it has made three new oil and gas discoveries in the Meleiha region of western Egypt. The new discovery further adds to Egypt’s recent announcement that it […]
Italy’s Eni said on Thursday it had agreed to buy digital green utility Be Power in a bid to grow its electric vehicle charging service business in Italy and Europe. The move comes as the energy group […]
Earnings season is here with us once again, with a quarter of S&P 500 companies having reported second-quarter 2021 earnings. According to FactSet data, 88% of S&P 500 companies have reported a positive EPS surprise, while 86% have reported […]
Energy News Beat Publishers Note (ENB): Those five LNG companies — Exxon Mobil, Royal Dutch Shell, TotalEnergies, and ConocoPhillips, which are part of Qatar’s existing LNG production were joined by new entrants Chevron and Italy’s […]
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