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Eni 4Q Net Pft EUR149M

By David Sachs Eni's net profit and operating profit fell in the fourth quarter, dragged by lower oil and natural-gas prices. The Italian oil-and-gas company...

Italy , Italian , David-sachs , Article-normal , Energy , Fossil-fuels , Integrated-oil-gas , Oil-and-gas , Oil , Financial-performance , Earnings

Eni Signs Strategic Agreements in Kazakhstan

By Pierre Bertrand Eni said that it has signed strategic agreements with Kazakh companies KazMunayGas and with QazaqGaz, Kazakhstan's national gas company....

Zhanaozen , Mangghystau , Kazakhstan , Italy , Italian , Pierre-bertrand , Sovereign-wealth-fund-samruk-kazyna , Article-normal , Energy , Oil-and-gas-upstream-operations , Natural-gas-extraction , Trusts-funds-financial-vehicles

Shell to sell onshore Nigeria oil business, but activists want pollution cleanup

Shell said Tuesday it agreed to sell its onshore business in Nigeria's Niger Delta to a consortium of companies in a deal worth $2.4 billion, the latest move...

Nigeria , Italy , London , City-of , United-kingdom , Niger , Niger-delta , Nigeria-general- , Nigerian , Zoe-yujnovich , Fyneface-dumnamene , Environmental-advocacy-centre

BP downgraded to underweight by JPMorgan

BP was downgraded to underweight from neutral at JPMorgan, which cut its target price by 11% to 550 pence. “This year is revealing BP’s cashflows as...

Article-normal , Energy , Analyst-comment-recommendation , Bp-plc , Uk-bp , Bp-plc-adr , Bp , Shell-plc , Uk-shel , Totalenergies-se , Fr-tte

Diesel Goes Green While Stocks See Red

Renewable diesel for trucks is catching on in the two coasts. The trouble: Soaring supply has created a glut that has hit producer margins and stock prices.

Italy , Louisiana , United-states , Washington , China , Hawaii , Australia , Brookfield , New-south-wales , California , Oregon , Alaska

Renewable Diesel Fuel Is on the Rise

Fuel based on plants, animal fats and waste is fast gaining ground in New York and California.

Oregon , United-states , California , Washington , Finland , New-york , Italy , Louisiana , Finnish , Italian , Anessa-hodgson , Avi-salzman

Eni 3Q Hydrocarbon Production 1.64M BOE/D

By Giulia Petroni Eni raised its full-year operating profit guidance after third-quarter results beat analysts' expectations, boosted by the exploration and...

Russia , Ukraine , Italy , Italian , Giulia-petroni , Article-normal , Energy , Fossil-fuels , Integrated-oil-gas , Oil-and-gas , Financial-performance

Eni Q3 Earnings, Revenue Decline; Lifts Annual Adj. EBIT Outlook

Eni S.p.A. (E), an Italian energy major, on Friday registered a decline in earnings and revenue for the third-quarter of 2023. company has also revised up its full-year 2023 adjusted EBIT guidance.

Italy , Italian , Enis-pa- ,

Eni Makes Significant Offshore Gas Discovery in Indonesia

By Adria Calatayud Eni has made a significant natural-gas discovery in an offshore project in Indonesia, which the company said has potential to contribute...

Italy , Indonesia , Italian , Geng-north , Energii-pte , Adria-calatayud , Neptune-energy , North-ganal , Agra-energii-pte , Article-normal , Energy , Fossil-fuels

Var Energi Shares Drop After Major Shareholder Reduces Stake

By Dominic Chopping Shares in Norwegian oil-and-gas company Var Energi fell Friday after a major shareholder sold a 6.3% stake in the company for NOK4.56...

Italy , Norway , Italian , Norwegian , Francesco-gattei , Point-resources-holding , Var-energi , Point-resources , Chief-financial-officer , Dominic-chopping , Article-normal , Energy