Eni plans to become the exclusive operator of Venezuela's Junín 5 heavy-oil field, aiming to boost national production to over 1 million barrels daily with substantial investment. The deal aligns with
European stocks are projected to record the highest profit growth in three years, led by strong performance from oil majors like Shell and Repsol alongside AI technology firms. Analysts attribute this
Eni and Libya's NOC launched the Sabratha Compression project to increase gas output by 800 million cubic meters yearly, supporting domestic electricity and exports to Italy.
Venezuela's PDVSA and Repsol signed an agreement to boost crude and gas production in northwestern Venezuela, aiming to add 20,000 barrels per day. The deal follows eased U.S. sanctions and plans to t
Eni's CCUS holding company secured over $670 million in financing to expand carbon capture and storage projects across the UK and Netherlands. The initiative aims to establish a leading cross-border c
Eni and Repsol plan to raise natural gas production at Venezuela's Cardon IV field to 645 million cubic feet per day, while PDVSA aims to increase crude oil exports to 1.06 million barrels per day.
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