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Eni has announced its unaudited consolidated results for the full year and the fourth quarter of 2022. FY 2022 group adjusted EBIT was €20.4 bln, double the amount of FY 2021, driven by a strong performance of the E&P, GGP and R&M businesses.
Big oil has generated eye-watering cash flows this year, and while oil prices have given up most of this year’s gains, many commodity experts remain bullish on the long-term trajectory of the energy sector