Engie's CFO forecasts reduced European energy demand this winter due to soaring prices linked to Middle East conflicts. This worsens a severe downturn for the regional chemicals industry facing high c
Eni warns its Taranto refinery risks shutdown as steelworkers' protests block logistics and create technical gas shortages. Consequently, fuel supplies to local stations, airports, and essential servi
Eni shares fell for five consecutive days amid speculation that Italy may impose a windfall tax on energy firms to finance fuel-price cuts. The move comes as the government extends excise duty reducti
Italian energy group Eni raised its share buyback to €3.4 billion after Q2 adjusted net profit more than doubled to €2.3 billion, surpassing analyst consensus.
Eni CEO Claudio Descalzi predicts oil prices will exceed the $80-$100 range by early 2027 if Middle East conflicts persist, citing declining global stockpiles. He urges supply diversification amid ris
Eni has signed an exploration license agreement with the Gambia government for Block A1, marking its entry into the country's upstream sector. The project covers a 1,300 sq km deepwater area with plan
Italian energy group Eni is exploring a potential over €1 billion deal to monetize floating LNG assets with major infrastructure funds. This move aims to free up capital for new projects amid global s
Eni shareholders approved board appointments proposed by the Italian government, paving the way for CEO Claudio Descalzi to serve a record fifth term. The vote also cleared a sharp pay increase for th
Italy's Eni increased its share buyback program by 90% to 2.8 billion euros and improved 2026 cash flow guidance. The state-controlled group reported Q1 adjusted net profit of 1.3 billion euros, missi
Engie CEO Catherine MacGregor labeled Marine Le Pen’s energy plan a disaster for France, citing risks to security and costs. She urged continued support for renewables and nuclear projects to ensure a
Eni and Repsol secured a deal with Venezuela to expand the Perla field and begin LNG exports by 2031. The agreement includes compensation for past unpaid volumes and extends operations through 2051 fo
Eni announced a major gas discovery in Indonesia's Ganal block, estimating 5 trillion cubic feet of gas and 300 million barrels of condensate. Development targets aim to boost production to 2 billion
Eni CEO Claudio Descalzi urges the EU to rethink its planned ban on Russian gas imports starting in 2027, citing supply flexibility issues and potential disruptions from the conflict in Iran.
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