Eni | Egypt Oil & Gas - Part 59

EGAS Will Raise Gas Prices Paid to Eni and Edison

Egypt has raised the prices it pays Eni and Edison for the natural gas they produce in the country, an official with state-owned gas company EGAS said on Sunday.

Eni Takes Larger Share in Kazakhastan Oil Reserve

Italian energy company Eni said it took on a larger stake in the Isatay oil reserve area in the Caspian Sea from its partners in Kazakhastan.

Sidpec Partners with United Gas Derivative, Eni, BP in Ethylene Project

Sidi Kerir Petrochemicals Co “Sidpec” Chariman Ahmed Helmy, said that five local banks offered to finance the 200 thousand tons capacity per year ethylene production project, with $ 600 million investments.

Egypt’s Petroleum Ministry Announces $2bn Exploration Deal with Eni

Egypt signed an exploration deal worth $2bn with Italian company Eni, the Petroleum Ministry said on Monday.

Eni CEO Denies Problems in Nigeria

Italian oil company Eni is not experiencing any major production problems in Nigeria, the CEO said on Thursday.

Eni Talks on Mozambique Sale

Talks between Eni and suitors including Chinese state utility Huadian for a stake of around 15 percent in the Italian oil major's prized Mozambique gas field are dragging on due to differences over price, industry an ...

European Oil Companies to Develop Strategy on Climate Change

Europe's largest oil companies are banding together to forge a joint strategy on climate change policy, alarmed they'll be ignored as the world works toward a historic deal limiting greenhouse gases.

Eni Looks to Increase Oil Output This Year

Italian oil company Eni expects to produce more oil and gas this year as new projects come onstream, it said on Wednesday, after higher output helped it soften the blow of lower crude prices in its first-quarter results.

Italy’s Eni Posts Better Than Expected Profits for First Quarter

Eni SpA first-quarter profit beat analyst estimates as improved performance at its refining and gas businesses and a lower tax rate helped Italy’s largest oil company offset lower crude prices.

Eni Achieves Record Production in Western Desert

Eni reached a record level of production of 70 thousand b/d in the Western Desert of Egypt, doubling its level of production in three years. Eni announced in a statement.

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