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The Latest Breaking News from Eni

Italy signs gas deal with Angola seeking to end dependence on Russia

Luanda (AFP) - Italy on Wednesday penned a deal with Angola to ramp up gas supplies from the southern African country as it urgently scrambles to break away from Russian gas over the Ukraine war.

AFP

Italy chases African gas to end dependence on Russia

Rome (AFP) - Italian ministers headed to central Africa Wednesday in an urgent quest for new energy deals as Italy scrambles to break away from Russian gas over the Ukraine war.

AFP

Egypt’s EGAS, Italy’s Eni Sign Agreement to Increase Gas Exports to Europe

The Egyptian Natural Gas Holding Company (EGAS) and Italy’s Eni signed on Wednesday a framework agreement that will allow to maximize gas production and liquefied natural gas (LNG) exports. The agreement aims to promote Egyptian LNG export to Europe, and specifically to Italy, in line with the transition to a…

Asharq Al-Awsat

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What does Algeria's gas deal with Italy mean?

Tunis (AFP) - Natural gas giant Algeria has agreed to boost deliveries to Italy as European countries seek to reduce their reliance on Russian imports over the Ukraine war.

AFP

Algeria, Italy Sign Gas Deals to Reduce Russia Reliance

Italian Prime Minister Mario Draghi announced a deal on Monday to boost gas deliveries from Algeria, as he steps up efforts to reduce Rome's heavy reliance on Russian imports. Addressing journalists after meeting President Abdelmadjid Tebboune, Draghi told journalists the two governments had signed a preliminary deal on energy cooperation.…

Asharq Al-Awsat

Italy PM signs Algeria gas deals to reduce Russia reliance

Algiers (AFP) - Italian Prime Minister Mario Draghi announced a deal on Monday to boost gas deliveries from energy heavyweight Algeria, as he steps up efforts to reduce Rome's heavy reliance on Russian imports.

AFP

Italy's premier to sign gas deal with Algeria amid war

Italian Premier Mario Draghi is traveling to Algeria to sign a deal for more natural gas as European Union countries urgently seek alternative energy sources following Russia’s invasion of Ukraine

The Independent UK

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Italy's Draghi set to sign deal in Algeria to ease Russia gas fix- sources

Italy's Prime Minister Mario Draghi will visit Algeria on Monday to sign an agreement to ramp up gas imports, two sources said, as Rome steps up efforts to tap alternative flows following Russia's invasion of Ukraine.

Reuters

‘It’s a media war’: the UK’s top anti-oil campaigner fights on aged 80

In 50 years, Canvey Island’s George Whatley has won five victories against oil and gas firms trying to expand operations

The Guardian - UK

Grab These 4 Momentum Stocks at Bargain Prices

Eni S.p.A. (E), Alpha Metallurgical (AMR), Natural Resource (NRP), and Grindrod Shipping (GRIN) have been gaining momentum and are well-positioned to maintain the same upward inertia for some time and are currently undervalued.

StockNews.com

Italy's Eni to Pull Out of Russia-Turkey Pipeline

Italian oil giant Eni said Tuesday it would withdraw from the Blue Stream gas pipeline linking Russia to Turkey, in which it has a 50 percent stake. "Eni intends to sell its stake" in Blue Stream, a company spokesman said, following moves by rivals BP and Shell to divest from…

Asharq Al-Awsat

Italy's FM Visits Algeria with Eni CEO on Energy Cooperation

Italy's foreign minister is visiting Algeria with the head of energy group Eni to discuss energy cooperation in light of the Ukraine crisis, the ministry said on Monday. Eni has strategic long-term gas contracts with both Russia and Algeria. Eni has reported an adjusted net profit of $5.4bn (€4.74bn) for…

Asharq Al-Awsat

Oxford University took at least £1.6m last year from fossil fuel firms

Donations include £1.3m from Italian oil group Eni and appear to run contrary to aim of being net zero by 2035

The Guardian - UK

3 Top-Rated Foreign Oil Stocks to Buy Now

Oil prices surpassed $90 for the first time since 2014, due to surging demand but limited supply. Many experts believe oil prices around the world will continue to rally. Therefore, we think foreign oil stocks BP (BP), Eni (E), and Petróleo Brasileiro (PBR) stocks are ideal bets now.

StockNews.com

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Asharq Al-Awsat

ADNOC Announces Gas Find in Abu Dhabi Offshore Blocks

The Abu Dhabi National Oil Company (ADNOC) announced on Thursday the discovery of natural gas resources off Abu Dhabi. Interim results from the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession operated by Eni, indicate between 1.5 – 2 trillion standard cubic feet (TSCF) of raw gas…

Asharq Al-Awsat

AD Ports Group Creates Logistics Base with Eni

AD Ports Group has signed a new agreement with Eni Abu Dhabi B.V., the Abu Dhabi-based branch of the world-renowned Italian Integrated Energy Company, to establish a marine logistics base at Mugharraq Port supporting offshore drilling operations in the heart of Al Dhafra region. Mugharraq Port’s ultra-modern infrastructure and its…

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