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

• Wednesday, 29th April 2015
• by Egypt Oil & Gas

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.

Shell to continue deep-water drilling

• Tuesday, 29th June 2010
• by Egypt Oil & Gas

Royal Dutch Shell will continue its deep-water drilling programme to meet rising global oil demand, its chief executive said, despite safety concerns following rival BP's Gulf of Mexico blowout.