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The Latest Breaking News from Eni

Buried In Massive Debt, Italy Puts Crown Jewels Up For Sale

Prime Minister Giorgia Meloni once declared Italy's postal service a "crown jewel" that must stay in state hands, but she is now selling a stake as part of a privatisation programme to tackle a huge public debt.

International Business Times

Italy's Meloni Targets Energy, Migration With Africa Plan

Energy deals in return for stopping migration. Prime Minister Meloni, who came to power in 2022 on an anti-migrant ticket, hopes to posit Italy as a key bridge between Africa and Europe, funnelling energy north while exchanging investment in the south for deals aimed at preventing migration.

International Business Times

Making fossil fuel companies accountable for their products’ emissions would support the clean energy transition

I recently found myself among a group of alarmed scientists, writing a fervent plea to the European Commission to be more ambitious when it comes to corporate greenhouse gas reporting requirements. Our open letter calling for comprehensive disclosure of corporations’ contribution to the climate crisis gathered support from over 100…

The Conversation

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Analyzing 3 Energy Stocks: Buy, Hold, or Sell in December?

Growing demand for oil and natural gas and constrained supplies could push oil prices higher, boosting the energy industry’s outlook. Amid this backdrop, let’s determine the buy, hold, and sell potential of energy stocks Schlumberger (SLB), Halliburton (HAL), and Antero Resources (AR) this month. Read more….

StockNews.com

Record number of fossil fuel lobbyists get access to Cop28 climate talks

UAE-hosted summit admitted at least 2,456 people affiliated with oil and gas industries, analysis finds

The Guardian - UK

US set to reveal nuclear fusion plan that could pave way for first commercial use

Fusion, the process that powers the sun and stars to generate electricity, can be replicated on Earth

The Independent UK

3 Promising Energy Investments - Buy Today

The energy sector’s outlook looks robust, as surging global demand for oil and natural gas and tight supplies would fuel high energy prices this year and beyond. Given the industry’s bright growth prospects, quality energy stocks Eni (E), Sasol (SSL), and Transportadora (TGS) could be ideal investments now. Keep reading….

StockNews.com

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Qatar announces 27-year gas deal with Italy's Eni

Qatar has agreed to supply Italian firm Eni with natural gas for 27 years, the Gulf emirate's state-owned energy company announced Monday. The deal comes after similar contracts with France and the UK.

Radio France Internationale

Offshore drilling rig arrives in Lebanese waters ahead of work near Israel border

Lebanese Cabinet ministers say an offshore drilling rig has arrived at its location in the Mediterranean Sea off Lebanon’s coast and will start operations in the coming weeks to search for gas

The Independent UK

Drilling rig arrives in Lebanon’s Block 9 to begin exploration

The drilling became possible after a US-mediated deal settled a maritime border dispute in Lebanese and Israeli waters.

Al Jazeera

IIT-Madras professor honoured with International Eni Award

IIT-M's T. Pradeep selected for International Eni Award for work on sustainable nanoscale material for water purification. Award includes gold medal, citation and cash. Previous winners include Nobel laureates and C.N.R. Rao.

The Hindu

Eni chief executive says plan for pipeline to move gas to Cyprus 'part of our discussion'

The chief executive of the Eni energy company says Cyprus-Israeli plans for a pipeline to move offshore natural gas from those two countries to Cyprus are “part of our discussion” with the Cypriot government

The Independent UK

Eni to buy oil and gas company Neptune Energy in $5bn deal

Italian company’s subsidiary, Vår Energi, will acquire Neptune’s Norwegian business for $2.3bn

The Guardian - UK

Neptune Energy acquired by Eni for £4 billion

UK-based business bought by Italian energy giant, while Norwegian side is sold to oil and gas group from that country

Insider UK

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The Guardian - UK

Iraq’s oil boom blamed for worsening water crisis in drought-hit south

Pollution from gas flaring – the burning of natural gas associated with oil extraction – is also a major concern in the oil-rich but extremely dry south

ABC News

Italian energy company Eni to develop Evans Shoal gas field described as 'carbon bomb'

Energy company Eni has quietly revived plans to develop a gas field in the Timor Sea which contains some of the most carbon-intensive gas in Australia, "far more than any other gas field that is being developed".

The Guardian - UK

Italian oil firm Eni faces lawsuit alleging early knowledge of climate crisis

Exclusive: Company accused of ‘lobbying and greenwashing’ for more fossil fuels despite knowing of risks

StockNews.com

5 Top Energy Stocks to Buy Right Now

Despite the recent plunge in oil prices, the reopening of the Chinese economy and tight supplies appear beneficial for the energy market. Given this backdrop, fundamentally strong energy stocks Marathon Petroleum (MPC), Valero Energy (VLO), PBF Energy (PBF), Unit Corp. (UNTC), and Epsilon Energy (EPSN) might be ideal buy-and-watch picks…

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ABC News

Northern Territory government could be first buyer of Beetaloo gas, as Blacktip supply issues bite

A gas company looking to develop the Beetaloo Basin says the Northern Territory government could be one of its first customers for fracked gas.

The Independent UK

Qatar boosts influence in Lebanon amid multiple crises

Wealthy Qatar has been silently expanding its influence in crisis-hit Lebanon in recent years, while oil-rich Gulf Arab nations ostracized the Mediterranean country over the growing influence of its militant Hezbollah group

Asharq Al-Awsat

QatarEnergy Replaces Russian Company in Lebanon Gas Exploration

Lebanon, two international oil giants and state-owned oil and gas company Qatar Energy signed an agreement Sunday that the Qatari firm will join a consortium that will search for gas in the Mediterranean Sea off Lebanon’s coast. Qatar Energy is replacing a Russian company that withdrew from the Lebanese market…

The Independent UK

Qatar replaces Russian company in Lebanon gas exploration

Lebanon, two international oil giants and state-owned oil and gas company Qatar Energy agreed Sunday that the Qatari firm will join a consortium that will search for gas in the Mediterranean Sea off Lebanon’s coast

Asharq Al-Awsat

QatarEnergy to Join Lebanon Offshore Oil and Gas Exploration

QatarEnergy will join TotalEnergies and Eni in a three-way consortium to explore oil and gas in two maritime blocks off the coast of Lebanon, the Lebanese energy ministry said on Thursday. Following months of talks, QatarEnergy is set to take a 30 percent stake, leaving France's TotalEnergies and Italy's Eni…

The Independent UK

Italy's premier visits Libya for talks on energy, migration

Italy’s prime minister has arrived in Libya for talks with officials from the country's west-based government that will focus on energy and migration

France 24

Italy plays on historic heartstrings with Algeria to boost critical energy ties

Italian Prime Minister Giorgia Meloni hailed Algeria as Rome’s “most stable, strategic and long-standing” partner in North Africa as she wrapped up a two-day visit on Monday aimed at securing Italy’s energy supplies and promoting her plan for a “non-predatory” approach to investment on the continent.

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