Eni's chemicals unit opens new recycled plastic production plan
Versalis, the chemical division of Italian energy group Eni , on Monday opened a plant in Porto Marghera for the production of plastics made from mechanically recycled raw materials.
Eni to Divest Stakes in Cote d'Ivoire and Congo Assets to Vitol
E and Vitol's latest agreement allows the latter to gain access to high-value upstream assets in West Africa, including the giant Baleine discovery and the Congo LNG project.
Eni agrees to sell Vitol stakes in Ivory Coast, Congo upstream assets
Italian energy group Eni has agreed to sell stakes in assets in Ivory Coast and the Republic of Congo to global energy trader Vitol for an aggregate value of $1.65 billion at January 1 2024, with cash adjustment at closing.
Italy's antitrust opens probe into Eni's Plenitude for alleged unfair commercial practices
Italy's antitrust regulator said on Friday it had opened a probe into Eni's Plenitude unit for alleged unfair commercial practices.
Eni SpA (E) Upgraded to Buy: Here's What You Should Know
Eni SpA (E) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Eni: Same Strategy, Higher Payout, And Buy Confirmed
Following the release of Eni Capital Market Day, we expect a positive reaction, thanks to the company lifting its CFFO payout ratio by 5pp and a plus +5% DPS. Given the fast progress made on the satellite strategy, we believe Eni should be less sensitive to Brent's price in both directions. Double digit return (dividend and buyback), discount vs peers and modest leverage make Eni a buy.
Five suitors vying for Eni's carbon capture business, sources say
Five suitors have submitted non-binding bids for a minority stake in the carbon capture and storage (CCS) business of Italian energy group Eni , two source said.
Eni & GNPC Strengthen Partnership to Accelerate Ghana's Energy Growth
Ghana's oil and gas sector gets a boost as Eni and GNPC strengthen their collaboration to optimize production, explore new reserves and ensure sustainable output.
Eni Q4 Earnings Fall Short of Estimates, Revenues Decline Y/Y
Lower throughputs and average liquids price realization hurt E's earnings in Q4.
Eni's net profit drops in Q4, assets disposals help cut leverage
Italian energy group Eni said on Thursday its fourth-quarter adjusted net profit fell 46% with respect to the previous year, hit by lower energy prices and continued weakness at its refining and chemicals divisions.
Eni, Petronas to combine upstream assets in Indonesia, Malaysia
Eni and Malaysia's state energy firm Petroliam Nasional Bhd (Petronas) signed a memorandum of understanding to create a joint venture to oversee some upstream assets in Indonesia and Malaysia, the Italian energy group said on Thursday.
Will These 4 Energy Stocks Surpass Q4 Earnings Forecasts?
Investors interested in Energy stocks can keep an eye on the fourth-quarter 2024 earnings reports of OII, PUMP, E and NOG.
