Sunday 14 February 2016
 
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Eni

Iran ‘needs $150bn of energy investment’

Iran's emergence from economic sanctions will help Europe to diversify its energy supplies, but the Islamic Republic will need to invest at least $150 billion in infrastructure to become a major producer, the head of Italy's Eni SpA said

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Saipem to raise $3.8bn to tackle oil service slump

Italian oil contractor Saipem said on Wednesday it will ask investors for up to 3.5 billion euros ($3.86 billion) of fresh capital to help it weather the oil service recession and plot a path to recovery as main investor Eni takes a step back.

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Egypt's Zohr gas re-writes Israel's happy ending

Egypt's historic gas discovery threatens to sink Israel's fledgling gas export bonanza, which was counting on deals with Cairo to get it off the ground. Italian oil company Eni stunned markets on Sunday after declaring the

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Egypt's Zohr gas re-writes Israel's happy ending

Egypt's historic gas discovery threatens to sink Israel's fledgling gas export bonanza, which was counting on deals with Cairo to get it off the ground. Italian oil company Eni stunned markets on Sunday after declaring the

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Eni mulls stake sale in Egypt 'supergiant' gas field

Italy's Eni is open to selling a stake in its "supergiant" Zohr gas field discovery off of Egypt, its chief executive said, as the state-controlled energy company looks for funds to bankroll development without sacrificing dividend

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Mega gas discovery off Egyptian coast by Eni

Italian energy group Eni said on Sunday it had discovered potentially one of the world's largest natural-gas fields off the Egyptian coast, predicting that the find could help meet Egypt's gas needs for decades to come. &q

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Italy says Iran probably open to changing Eni contract terms

Italian Foreign Minister Paolo Gentiloni said that Iran is probably open to changing contract terms with Italy's state-owned oil company Eni as Iran emerges from a tough regime of Western sanctions.   The con

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Eni discovers 15bn cu m of gas in Egypt

Italy's Eni has discovered gas reserves of up to 15 billion cubic metres in Egypt's Nile Delta region, with production set to start in two months, the Egyptian oil ministry said on Monday. The discovery was made in Western

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Ceyhan tanker cancellations climb as Kurdish oil sales grow

Oil firms BP and Eni have cancelled more tanker loadings from the Turkish port of Ceyhan due to a lack of oil in tanks owned by Iraqi state oil firm Somo after Iraq's semi-autonomous region of Kurdistan ramped up independent oil sales.

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Egypt signs $2bn exploration deal with Italy's Eni

Egypt's oil ministry said it had signed an energy exploration deal with Italy's Eni worth $2 billion following an MOU signed in March during an investment conference.   The deal paves the way for the modi

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