Eni, the drop in oil and gas prices reduces profit but Descalzi assures: "Excellent results"
The decline in oil and gas prices impacts the 2023 accounts of the group led by Claudio Descalzi which however remains in excellent health
Privatizations: the sale of 4% of Eni will be the next step but not before the end of the buyback in April
The government is preparing to put 4% of Eni on the market but not before spring. A collection of 2 billion euros is expected as part of the privatization program which aims to raise 20 billion euros in…
Eni Award 2023: prizes awarded to scientific research in the presence of the President of the Republic Mattarella
The awards ceremony of the fifteenth edition of the Eni Awards took place at the Quirinale: international recognition for research and technological innovation in the world of energy
Decarbonisation: Eni and Snam form a carbon capture joint venture in Ravenna
This is the first CO2 capture and storage project in Italy. The planned activities will make it possible to create new job opportunities: over 500 new jobs already in the first phase of the project
Eni, profit boom (+700%) in the first half of 2022 thanks to prices and margins. The stock also takes off on the Stock Exchange
Descalzi: “We are increasing the 2022 buyback program to 2,4 billion. Ipo Plenitude postponed but confirmed” – Gas: significant discovery with the first exploratory well in Abu Dhabi
Eni, golden first quarter of 2022: net profit grows by 3 billion. Guidance up
Brilliant quarterly for Eni driven by the rise in hydrocarbons. The group marks a net profit of 3,27 billion euros despite the drop in production (-5%). The share rises in Piazza Affari
Eni Strategic Plan 2022-25, Descalzi: more gas and more dividends, accelerates decarbonization
Eni presented the 2022-25 Strategic Plan. The group insures higher quantities of gas to compensate for the uncertainty about the Russian supply. New mobility company
Eni, Descalzi: "US and China tax coal like Europe"
According to Eni's CEO, the leveling must also involve India and Russia, otherwise "Europe will have much more expensive energy by paying the carbon tax" and it will be better to import from non-EU countries - "Unfortunately, this problem has not spoke at the cop…
Eni and Civil Protection, emergency agreement signed
Eni and the Civil Protection Department still together for Italy. Signed Memorandum of Understanding to further strengthen cooperation relations in order to define specific emergency plans to deal with any risk of discontinuity in energy supply throughout Italy
Eni: profit soars, renewable capacity tripled. The title runs
In the third quarter the adjusted operating profit rises by 22%, while in the 9 months it increases by 315% to 5,86 euro - The installed capacity from renewable sources is at 834 MW - Descalzi: "Upstream production in recovery, we are accelerating the plan …
Eni-Nigeria: Descalzi and Scaroni acquitted
Both the CEO of ENI, Descalzi, and his predecessor were acquitted of the charge of international corruption, "because the fact does not exist" - The same reasoning for the managers of the Anglo-Dutch company. The companies Eni and Shell were also acquitted
Eni, oil causes quarterly revenues and profit to collapse
As expected, the energy group was affected by the oil price crisis: the plan and investments were also revised - Descalzi: "We have sufficient liquidity to manage the situation".
Public appointments, tug of war on Descalzi at Eni
In the face of a general orientation towards the reconfirmation of the top management of public companies due to expire, the confirmation of the CEO of Eni Descalzi remains in the balance and meets the opposition of the M5S which demands discontinuity - The allegations of corruption in…
Eni: dividend rises, profits fall
CEO Descalzi confirmed the 0,43 euro down payment, on a forecast annual dividend of 0,86 euro - Net of the purchase of reserves in Alaska and Algeria, investments reached 3,8 billion in the six months
Gas, Eni: "Mozambique will be the second largest producer in the world"
According to CEO Descalzi, in 2024-2025 the African country will only have Qatar ahead in the ranking of major exporters - This will open up a new way for supplies to India
Eni 2022 plan: more production, more dividends and buybacks
The CEO of the six-legged dog Claudio Descalzi presented the new four-year strategy of the energy group in San Donato, with 33 billion investments that will guarantee a great growth in production, without however neglecting the energy transition and…
Bribes, red herrings to protect Descalzi: storm over Eni's lawyers
Fifteen arrests in the course of investigations into dossiers and misdirections concocted to divert the investigation into alleged Nigerian bribes to ENI CEO Claudio Descalzi
Austria accident, gas supply restarts. Rising prices
During the night gas supplies to Italy via Austria were reactivated, after the accident at the Austrian site of Baumgarten an der March, which also caused one death - Wholesale prices almost doubled yesterday, possible increases also for consumers…
Eni joins forces with the Chinese CNPC
The relationship between the six-legged dog and China National Petroleum Corporation is strengthened - Joint projects and future opportunities are also planned to be able to expand its activities in all areas of the energy sector.
Descalzi: "Eni aims to triple LNG sales"
The managing director in a hearing in the House confirms the conservative scenario for oil at 50-55 dollars in 2017. "The Gas and Electricity division is not for sale, on the contrary it will be strengthened". "New energy replacement projects are coming to Africa with…
Eni, Descalzi attacks Val d'Agri: “Tumors? fake news”
On the occasion of the "Eni con l'Italia" event, organized at the company's headquarters in San Donato Milanese and also attended by Prime Minister Paolo Gentiloni, Eni's CEO answered students' questions on local pollution lucan that would cause tumors:…
Eni returns to profit: 965 million in the first quarter
Adjusted operating profit amounted to 1,83 billion, with a +215% from the first quarter of 2016 - CEO Descalzi: "The objectives declared for 2017 which are all confirmed"
Eni, Descalzi investigated for Nigeria
The Milan Public Prosecutor's Office has closed the investigation into the Eni-Nigeria case against 11 natural persons and 2 companies concerning the charge of international corruption.
Libya, Eni: "Top production but maximum attention"
Eni's CEO, Claudio Descalzi, on the sidelines of the Eni and Ambrosetti workshop answered questions about Libya and security in the country in light of the kidnapping of two Italians that took place yesterday.
Eni does not sell Versalis, now it's back to investing
The CEO Claudio Descalzi specified that the investment plan for the company will be included in the new four-year business plan in October
Eni: new gas well in Egypt
The six-legged dog has made a significant new gas discovery in the conventional waters of the Nile Delta, in Egypt - Meanwhile, CEO Descalzi met today with the chief prosecutor of Potenza, Luigi Gay, to discuss the Center…
Eni, Descalzi: "Situation improves in Libya"
Eni's CEO gave an interview to Sole24Ore from New York, where he was yesterday to celebrate the 20th anniversary of the placement of the six-legged dog title at the Nyse - Within a couple of months the sale…
Eni: production rises, 2016 guidance confirmed
The group's accounts are affected by the sharp drop in crude oil in the first quarter. Ebit drops to 470 million (-69%) but production grows to 1,75 million barrels/day and debt drops to 12,21 billion due to the sale of Saipem…
Eni, Descalzi: "Our commitment to Basilicata"
The CEO of the group in an open letter to the newspapers on the matter of the Val d'Agri Oil Center: "We are here to stay for a long time and create well-being and growth opportunities", but "from a technical and operational point of view" it is impossible to continue for …
Eni, Descalzi: 40% investments in environment and safety
The CEO in a hearing in Parliament: "Our goal for the next 4 years is to be able to live even at very low prices" - "We will cut costs without affecting jobs" - "Versalis represents only 8% of Italian chemicals ".
The Stock Exchange promotes Eni after a fiery year
The four reasons that pushed the six-legged dog to Piazza Affari: a) growing production, b) the deconsolidation of Saipem, c) the cut in oil investments, d) the confirmation of the dividend - Descalzi: " Eni, always…