Oil and Gas
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Eni SpA engages in the exploration, development and production of hydrocarbons, in the supply and marketing of gas, Liquefied Natural Gas (LNG) and power, in the refining and marketing of petroleum products, in the production and marketing of basic petrochemicals, plastics and elastomers and in commodity trading. It operates through the following three segments: Exploration and Production, Gas and Power and Refining & Marketing and Chemicals. Read More The Exploration and Production segment engages in oil and natural gas exploration and field development and production, as well as LNG operations. The Gas and Power segment engages in the supply, trading and marketing of gas, LNG and electricity, international gas transport activities and commodity trading and derivatives. The Refining & Marketing and Chemicals segment engages in crude oil supply and refining and marketing of petroleum products in retail and wholesale markets; and produces and markets basic petrochemical products, plastics and elastomers. The company was founded on February 10, 1953 and is headquartered in Rome, Italy.
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Seeking AlphaMay 20
Total, Eni freeze Russian payments over contaminated oil - Reuters
Total (NYSE:TOT) and Eni (NYSE:E) have stopped payments to Russian firms who sold them contaminated oil and said they will only pay when compensation is agreed, Reuters reports, upping the stakes in what the Western companies say is the worst disruption to Russian oil supply.
Yahoo FinanceMay 16
Eni S.p.A.: Immense Growth Potential?
On 31 March 2019, Eni S.p.A. (BIT:ENI) released its earnings update. Generally, analyst forecasts seem fairly subdued, as a 12% rise in profits is expected in the upcoming year, against the higher past 5-year average growth rate of 18%. Presently, with latest-twelve-month earnings at €4.1b, we should see this growing to €4.6b by 2020. Below is a brief commentary around Eni's earnings outlook going forward, which may give you a sense of market sentiment for the company. Investors wanting to learn more about ...
Seeking AlphaMay 15
Mozambique OKs Rovuma LNG development plan
Exxon Mobil (XOM +0.2% ) and Eni (E +0.1% ) say the Mozambique government has authorized the development of the multibillion-dollar Rovuma liquefied natural gas project, slated to become one of two major LNG projects in Mozambique expected to begin major construction later this year.
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