Egyptian Minister of Petroleum and Mineral Resources Karim Badawi has held talks with executives from Eni, bp, Baker Hughes, Halliburton and United Energy Group (UEG) on accelerating oil and gas field development, boo...
Global energy demand increased by 1.3% year on year (YoY) in 2025 to 15.7 billion tonnes of oil equivalent (btoe), while fossil fuels continued to account for 80% of the global energy mix despite the expansion of rene...
Eni has started gas production at the Maha offshore field in Indonesia, adding capacity of 250 mmcf/d and taking combined output from the Jangkrik floating production unit (FPU) and the South Hub to a plateau of 750 m...
Italian energy company Eni has resumed operations at Venezuela’s Junín-5 heavy oil field, less than two months after signing a new production agreement with the Venezuelan government, the company said on October 28. T...
Baker Hughes has secured a contract from Italian energy company Eni to supply subsea production equipment and services for the deepwater Cronos natural gas development offshore Cyprus, with the award recorded in the t...
Italian energy giant Eni signed on October 26 the main engineering, procurement, construction (EPC) and drilling contracts for the development of the Cronos Project located in Block 6 offshore Cyprus. This marks the s...
Eni raised its 2026 hydrocarbon production growth outlook to 6%-7% after output increased 7% YoY to 1.83 million barrels of oil equivalent per day (boe/d) in Q3 2026, supported by organic growth and new project develo...
Eni’s adjusted net profit attributable to shareholders more than doubled year on year (YoY) to €2.8 bn in the third quarter (Q3) of 2026, supported by higher hydrocarbon production, stronger commodity prices and impro...
Egypt’s existing natural gas infrastructure, strategic location, and international partnerships can help accelerate the development of East Mediterranean gas resources, reduce project costs, and improve access to glob...
Italy’s energy major Eni has launched start-up activities at the Meleiha Phase 2 (MP2) project in Egypt’s Western Desert, introducing gas-processing capacity of up to 100 million standard cubic feet per day (mmc...