80 articles
Eni and Repsol are exploring selling stakes in the Perla natural gas field to fund development amidst US pressure to unlock Venezuelan energy reserves. The partners aim to more than double production
Argentine President Milei discussed the 12-million-tonne-per-year Argentina LNG project with Eni CEO, targeting production start by 2030 in the Vaca Muerta basin alongside partners YPF and XRG.
Senegal's energy minister cited recent power cuts as evidence for shifting from diesel to natural gas to meet rising demand. The government plans new pipelines and is inviting investors like Eni to ev
Eni extends 20% fuel discounts to Italy's agricultural and fishing sectors until October 31, following a price cap on diesel and petrol. This initiative supports key industries amidst rising inflation
Eni's low-carbon unit Plenitude will provide Italian households with a 30% discount on fixed electricity and gas rates for two years. This move follows recent fuel price caps and aims to support citiz
Major oil firms including Q8, Eni, and SOCAR have introduced fuel price caps in Italy to appease the government and avoid potential windfall taxes, though market data shows limited immediate impact on
Italian fuel prices dipped slightly but remained above Eni's voluntary price cap, while government excise cuts and potential windfall taxes continue to shape the market amid geopolitical tensions.
Italian energy giant Eni capped fuel prices for at least one month, offering discounts of around 17 cents per litre to support government efforts against rising costs. The decision addresses burdensom
The Italian government will meet major oil refiners next month to increase domestic fuel production amid rising prices and supply shocks. Key players include Eni and Saras, while France advocates rela
Italy's government will meet refiners like Eni and Sonatrach on October 8 to boost domestic fuel production amidst supply disruptions. Despite €3 billion in subsidies, fuel prices remain high ahead of
The US Export-Import Bank offered up to $6 billion to support Argentina's massive LNG project led by YPF, Eni, and Adnoc. This initiative aims to establish the world's largest floating liquefaction fa
The US Export-Import Bank offered $6 billion financing for Argentina’s massive LNG project led by YPF, Eni, and Adnoc. This initiative aims to establish a major shale gas export hub by 2030, potential
Italian Prime Minister Giorgia Meloni visited Norway to strengthen strategic cooperation in energy and critical minerals, engaging with government officials and executives from major firms like Eni an
ExxonMobil is negotiating to return to Venezuela's Orinoco Belt heavy oil projects, reversing its exit from nearly two decades ago. Competitors like Continental Resources and Eni are also expanding op
Energy analyst Dan Pickering warns Venezuela's oil reopening faces high risks despite recent Chevron and Eni deals, stating production recovery requires major investment and won't boost supply in the
Senegal and Italian oil company Eni have signed an MoU to conduct preliminary studies on five offshore blocks, supporting the government's strategy to resume oil and gas exploration with Petrosen play
Argentina's YPF, partnering with Eni and XRG, is close to securing LNG sales contracts for a $24 billion export plant with 12 million tons annual capacity, aiming for a final investment decision in No
Eni and Petronas signed an agreement to develop high-performance bio-gasoline for motorsport using Eni's HVO refining process. The collaboration aims to eventually apply the technology to commercial p
A U.S. official stated the government structured its 35% stake in a Venezuelan oil venture using warrants to prevent dilution. The deal involves Pentagon oversight and aims to revive the country's oil
Italian oil major Eni signed a new agreement with Venezuela's PDVSA to develop the Junin 5 heavy oil project. The deal aims to recover over $2.3 billion in outstanding receivables while boosting produ
Venezuelan opposition leader Maria Corina Machado stated that only a democratic government can ensure stability for oil investors. Meanwhile, international firms including Chevron and Eni signed deals
Venezuela's oil reserves coming under US control have lifted bond prices ahead of a massive debt restructuring. Chevron and Eni plan major investments to boost crude production, improving prospects fo
Acting President Delcy Rodríguez pledged future elections while signing major energy deals with Chevron, Eni, and Blue Energy Partners to revitalize Venezuela’s oil reserves and power grid.
Chevron and Eni signed major deals with Venezuela to boost crude production, supported by the US government. Investments totaling tens of billions aim to raise output to 600,000 barrels daily by 2031.
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
Chevron, ENI, and investors plan to sign energy agreements in Venezuela under new reforms, with Chevron investing over $7 billion to double crude production to 600,000 barrels per day within five year
Colombian oil service firms are entering Venezuela following new exploration contracts and a reported U.S. partnership securing control over 65 billion barrels of reserves. Major energy companies like
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
Eni and BP target a final investment decision within months on Egypt's Denise West gas field, aiming for first gas in under two years. The project supports Egypt's role as a Mediterranean energy hub v
Italian energy group Eni aims to support a commercial fusion power plant in Europe by the early 2040s through investment in Commonwealth Fusion Systems. The company plans to develop the fusion fuel cy
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