The Latest Breaking News from Eni

Lebanese Cabinet ministers say an offshore drilling rig has arrived at its location in the Mediterranean Sea off Lebanon’s coast and will start operations in the coming weeks to search for gas

The drilling became possible after a US-mediated deal settled a maritime border dispute in Lebanese and Israeli waters.

Pollution from gas flaring – the burning of natural gas associated with oil extraction – is also a major concern in the oil-rich but extremely dry south

Energy company Eni has quietly revived plans to develop a gas field in the Timor Sea which contains some of the most carbon-intensive gas in Australia, "far more than any other gas field that is being developed".

Exclusive: Company accused of ‘lobbying and greenwashing’ for more fossil fuels despite knowing of risks

Despite the recent plunge in oil prices, the reopening of the Chinese economy and tight supplies appear beneficial for the energy market. Given this backdrop, fundamentally strong energy stocks Marathon Petroleum (MPC), Valero Energy (VLO), PBF Energy (PBF), Unit Corp. (UNTC), and Epsilon Energy (EPSN) might be ideal buy-and-watch picks…

A gas company looking to develop the Beetaloo Basin says the Northern Territory government could be one of its first customers for fracked gas.

Wealthy Qatar has been silently expanding its influence in crisis-hit Lebanon in recent years, while oil-rich Gulf Arab nations ostracized the Mediterranean country over the growing influence of its militant Hezbollah group

Lebanon, two international oil giants and state-owned oil and gas company Qatar Energy signed an agreement Sunday that the Qatari firm will join a consortium that will search for gas in the Mediterranean Sea off Lebanon’s coast. Qatar Energy is replacing a Russian company that withdrew from the Lebanese market…