Eni | Egypt Oil & Gas - Part 2
Eni CEO Urges EU to Suspend ETS to Ease Industrial Costs
Claudio Descalzi, CEO of Italian energy giant Eni said on October 15 that EU should suspend its carbon emissions trading system (ETS), arguing that it is burdening the bloc’s industrial sector as companies face the ef...
Eni Buys €100 Mn Treasury Shares in Early October
Eni, Italy’s energy giant, has acquired 4.08 million treasury shares for a total of €99.99 mn between 5 and 9 October 2026 as part of the second tranche of its share buyback program, the Italian energy company said on... Eni Divests Stakes in Indonesian Gas Assets to Pertamina, Medco
Italian energy company Eni has signed two binding agreements to sell its 10% stakes in selected Indonesian upstream assets to state-owned Pertamina and energy company Medco. The transactions cover eight production sha...
Badawi, Eni Discuss Accelerating New Discoveries, Production in Egypt
Karim Badawi, Minister of Petroleum and Mineral Resources, met with Eni executives to discuss accelerating the development of new discoveries, raising production and expanding the Italian energy company’s exploration ...
Eni Becomes Operator of Venezuela’s Giant Junín-5 Oil Field
Italian energy company Eni has signed a 25-year production contract with Venezuela’s state-owned oil company PDVSA to develop the giant Junín-5 heavy oil field in the Orinoco Belt, taking exclusive operatorship of the... Eni’s Q2 EBIT Doubles to €5.38 Bn as Sales Rise 32%
The Italian energy company Eni reported adjusted earnings before interest and taxes (EBIT) of €5.38 billion in the second quarter (Q2) of 2026, compared to €2.68 billion recorded in the same period of 2025. Eni said t...
Egypt to channel Cypriot gas to Europe by 2028 after Eni, TotalEnergies approve Cronos FID
Italian Eni and French TotalEnergies have reached the Final Investment Decision (FID) to develop the Cronos project in deep waters offshore Cyprus, with the target of bringing the first Cypriot gas to market in 2028, ...
ADNOC Secures $6.2 Bn FID For Umm Shaif Gas Cap Offshore Project
Abu Dhabi National Oil Company (ADNOC) has secured a $6.2 billion final investment decision (FID) to develop the offshore Umm Shaif Gas Cap project in Abu Dhabi, reinforcing the country’s energy security and its...
