Latest Eni SpA News

Cyprus gives Chevron another 6 months to come up with a timetable on a natural gas field development

May. 02, 2024 04:13 AM EDT

NICOSIA, Cyprus (AP) — The Cyprus government has given Chevron another six months to come up with a revised plan to develop a sizeable natural gas deposit off the island nation’s southern coastline after an earlier plan proposed by the U.S. energy company lacked a timetable, an official said...

Eni SpA: Q1 Earnings Snapshot

Apr. 24, 2024 05:05 AM EDT

ROME ITALY, Italy (AP) — ROME ITALY, Italy (AP) — Eni SpA (E) on Wednesday reported profit of $1.31 billion in its first quarter. On a per-share basis, the Rome Italy, Italy-based company said it had net income of 80 cents. Earnings, adjusted for non-recurring costs, came to...

Congo joins LNG-exporting nations under a new project with Italian energy company ENI

Feb. 27, 2024 12:19 PM EST

MILAN (AP) — The African nation of Congo became the latest exporter of liquified natural gas on Tuesday as it launched production of the first cargo load a year after Italian energy company ENI launched the Congo LNG project with local partners. The first cargo ship laden with LNG...

Eni and TotalEnergies are swiftly developing natural gas deposits off Cyprus to supply Europe

Feb. 15, 2024 11:46 AM EST

NICOSIA, Cyprus (AP) — Eni said Wednesday that drilling to appraise a third natural gas discovery in waters off Cyprus shows the commitment of the Italian energy company and its French partner TotalEnergies to swiftly develop the deposit and bolster energy supply to Europe. Eni...