Browsing Tag
Claudio Descalzi
11 posts
Eni Q2 2026 profit doubles as Searah JV lifts production growth to 11%
Eni doubles Q2 profit to €2.3bn and lifts 2026 buyback to €3.4bn, but the raised guide leans on a Brent $85 scenario and forthcoming portfolio cash-ins.
Cronos gas project reaches FID as Cyprus targets first production in 2028
Cyprus’ first gas development will connect four deepwater wells to Egyptian processing and LNG infrastructure. Reuse lowers capital intensity, but cross-border execution and LNG economics remain critical.
European oil majors abandon unified energy transition framework as TotalEnergies, Shell, BP, Eni and Equinor pursue different paths
TotalEnergies hikes dividends. Shell buys back stock. BP retreats from transition. Eni engineers sell-downs. Equinor exits wind. Same oil price, five answers.
Energy Infrastructure Partners to acquire 9% stake in Plenitude post €700m investment
In a significant move within the energy sector, Eni’s renewable energy arm, Plenitude, and Energy Infrastructure Partners (EIP)…
QatarEnergy and Eni ink long-term LNG deal for Italian supply
QatarEnergy affiliates and Eni have solidified their commitment with a long-term LNG sale and purchase agreement, aiming to…
Baleine Field : Eni begins production from offshore Côte d’Ivoire project
Eni has initiated oil and gas production from the Baleine Field, positioned in the offshore waters of Côte…
Structures A&E gas project : Eni to develop $8bn gas project in Libya
Eni, an Italian multinational energy company, and The National Oil Corporation of Libya will develop the approximately $8bn…
Dogger Bank offshore wind project : Eni to acquire 20% stake in phases A and B for £405m
Italian oil and gas giant Eni is foraying into the UK offshore wind market by acquiring a 20%…
ADNOC to offload 35% stake in ADNOC Refining to Eni and OMV for $5.8bn
Italy’s Eni and Austria’s OMV, through separate agreements, have agreed to acquire stakes of 20% and 15%, respectively…
Qatar Petroleum to join Eni as partner in $2bn Area 1 project offshore Mexico
Oil and gas industry news : Qatar Petroleum is all set to join Eni as a partner in…