Eni signs deal to bring Cypriot offshore gas to Europe, via Egypt
Italian energy group Eni signed an agreement on Monday to export Cyprus' offshore gas via Egypt, hailing it as a "milestone" towards the creation of a gas hub in the eastern Mediterranean.
Eni Concludes Construction of 200 MW Battery Storage System in Texas
E's newly built Guajillo plant is the company's largest battery storage system, equipped with lithium-ion LFP batteries.
Eni Poised to Witness 3 Billion Euros in Asset Sales by 2025
Eni is set to sell an additional 3 billion euros in assets by 2025, bringing it closer to its 8 billion euro goal ahead of schedule as it focuses on its energy transition strategy.
Eni and Egypt to Restart Drilling at Zohr Gas Field to Boost Output
E is set to resume drilling at Egypt's Zohr gas field, aiming to increase production amid declining domestic output and revive Egypt's energy export potential.
Egypt and Eni say drilling ship to begin work at Zohr gas field
A drilling ship will arrive in Egypt this month as operator Eni starts work on increasing production from the giant Zohr offshore gas field, Egypt's petroleum ministry said.
Eni Expands Offshore Output With Baleine Phase 2 Milestone
E begins Baleine Phase 2, raising oil and gas output in Cote d'Ivoire to new heights and advancing its net-zero emission goals.
Eni begins second phase of oil and gas production at Ivory Coast Baleine field
Italy's Eni on Saturday started a second phase of oil and gas production at Ivory Coast's offshore Baleine field, the energy group said on Saturday.
Eni: This Ignored Major Trades At A Discount
Eni S.p.A., a smaller European oil major, boasts a $40 billion market cap, strong profits, and a unique energy asset portfolio, justifying its current valuation. The company has achieved a 4% YoY production growth, a nearly 8% dividend yield, and aggressive share repurchases, ensuring robust shareholder returns. Eni's transition strategy includes a $3 billion KKR investment in Enilive, expanding biofuel and renewable energy capacities, and considering public listings for divisions.
Eni Confirms Fire at Calenzano Fuel Depot Near Florence
A truck explosion at E's Calenzano storage site in Italy leads to a deadly fire, killing two workers. Investigations into the cause are underway.
Italy's Eni wins appeal against $5.3 million antitrust fine
Plenitude, the retail unit of Italian energy group Eni , on Monday won an appeal against a 5-million-euro ($5.3 million)fine it received last year from Italy's antitrust agency (AGCM) over billing practices.
Looking At Oil, Gas, Eni S.p.A
Eni S.p.A. is a compelling buy due to its strategic focus on decarbonization, renewable energy, and innovative asset separation, despite market volatility. The company's plan includes significant investments in biorefining, renewables, and E-mobility, aiming for carbon neutrality by 2050. Eni's financial health is strong, with increased dividends, buybacks, and low leverage, making it a stable investment with a 6%+ yield.
Eni's Renewable Business Receives New Investment From EIP
E's satellite strategy gains momentum as EIP strikes a new deal to increase its stake in Plenitude from 7.6% to 10% through the purchase of newly issued shares.
