The Latest Breaking News from Eni

QatarEnergy is in talks with the Lebanese government to acquire a 30 percent stake in an offshore exploration area and is also negotiating with TotalEnergies and Eni in this regard, announced CEO Saad al-Kaabi. Two sources told Reuters last week that TotalEnergies and the Lebanese government have reached a deal…

PTT Exploration and Production Plc (PTTEP) continues to expand its investment in petroleum production in the United Arab Emirates (UAE) by acquiring a 25% stake in the Sharjah Onshore Area A from a subsidiary of Eni, an Italy-based integrated energy company.

Production from the offshore field which supplies gas for the Top End's electricity generation has decreased by nearly 50 per cent this year.

European leaders are turning to Africa for more natural gas as they try to replace Russian energy amid the war in Ukraine

Lebanon is nearing agreement with Israel over a maritime dispute involving offshore gas fields, but the cash-strapped country still faces an uphill struggle towards unlocking potential hydrocarbon riches, analysts said. "A deal would mark one step forward but it does not mean that Lebanon has become a gas- or oil-producing…

Italy's Eni said it would not receive any of the gas it had ordered from Russia's Gazprom for delivery this weekend, although the firms said they were working to fix this.

In the weeks after Russia's invasion of Ukraine on Feb. 24, Claudio Descalzi, CEO of Italian energy major Eni, embarked on a whirlwind of trips to gas suppliers in Africa.

A senior economic adviser to Giorgia Meloni, the front runner to become Italy's next prime minister, called for the Treasury to be split into two in order to create a separate ministry managing tax policies and fiscal reform.

Italian oil company Eni's computer networks were hacked in recent days but the consequences appear to be minor so far, the company said on Wednesday. "The internal protection systems have detected unauthorized access to the corporate network in recent days," a spokesperson for the company told Reuters in response to…

Cyprus’ Energy Ministry says a new gas discovery off the island’s southern coast that’s estimated to contain around 2.5 trillion cubic feet of the hydrocarbon helps bolster Europe’s efforts to secure alternative energy sources

Energy companies TotalEnergies and ENI announced a significant gas discovery at the Cronos-1 well, in Block 6, offshore Cyprus. Cronos-1 encountered several good quality carbonate reservoir intervals and confirmed overall net gas pay of more than 260 meters, said TotalEnergies in a statement. TotalEnergies and ENI each have a 50%…