|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||32.55 - 32.79|
|52-week range||26.15 - 34.62|
|PE ratio (TTM)||66.26|
|Forward Dividend & Yield||1.88 (5.74%)|
|1y target est||32.09|
Bridgewater Associates is adding to its billion-dollar short against the Italian economy. The world’s largest hedge fund disclosed a $300 million bet against Eni SpA, Italy’s oil and gas giant, data compiled ...
U.S. President Donald Trump is set to decide on the Iran nuclear deal later this week, with signs that he might decertify the landmark pact and impose fresh set of sanctions on Tehran.
Each week, Friggi Oil Service pays a visit to Ai Due Otri, a traditional Sardinian restaurant in central Rome, to pick up what’s left in the frying pan.
Italian oil major Eni is betting billions on Luca Bertelli being able to achieve something he's been doing since he was nine years old: spotting things others overlook. The geologist, who heads Eni's exploration team, began collecting rocks as a boy growing up in Tuscany, developing a curious eye that eventually led him to discover two of the world's biggest gas fields this century. Now the 59-year-old and his team are under pressure to show they can keep finding treasures others have missed – this time in waters off Mexico where former state oil monopoly Pemex has been exploring for decades.
MILAN, Oct (Shenzhen: 000069.SZ - news) 6 (Reuters) - Italian oil major Eni is betting billions on Luca Bertelli being able to achieve something he's been doing since he was nine years old: spotting things others overlook. The geologist, who heads Eni's exploration team, began collecting rocks as a boy growing up in Tuscany, developing a curious eye that eventually led him to discover two of the world's biggest gas fields this century.
Cenovus Energy (CVE) stock has been the biggest loser so far this week (starting October 2, 2017) in the integrated energy sector.
French oil major Total (TOTF.PA) said it would undercut EDF (EDF.PA) and Engie (ENGIE.PA) in the French power retail sector with a 10 percent price discount, setting the scene for a possible price war. Launching Total's entry into a retail market dominated by former state monopolies EDF and Engie, CEO Patrick Pouyanne said he wanted to win a 10 percent market share - or 3 million customers - within five years before expanding deeper into Europe.
Kazakhstan's Karachaganak field produced 9.3 million tonnes of oil in January-September and will produce 12.0 million tonnes in total this year, Deputy Energy Minister Makhambet Dosmukhambetov said on ...
In 3Q17, BP paid a dividend of $0.60 per share, which has remained steady compared to 3Q15. The dividend was declared on August 1, 2017, and it was paid on September 22.
Strong oil demand growth in emerging economies led by China and India, but also from Europe, is drawing down oil stockpiles faster than expected, putting the global market firmly on track to rebalance, senior industry executives said on Tuesday. A surge in demand for diesel and fuel stock draws after Hurricane Harvey have also helped propel benchmark crude prices to nearly $60 a barrel, levels not seen in over two years, analysts said. Prices rallied in the third quarter as the Organization of the Petroleum Exporting Countries and non-OPEC producers cut output, and as Harvey knocked out nearly a quarter of U.S. refining capacity.
KMGK is using the funds to pay for its 8.48 percent stake in Kashagan, which it acquired in 2008. KazMunaiGas (KMG) increased its share in the Kashagan project in 2008 by 8.48 percent to 16.81 percent after equity participation of other consortium shareholders decreased in exchange for the government's permission to extend the budget and project time frame. "KMGK received an additional prepayment on August 10, 2017 for the amount of $600 mln and made early repayment of the second instalment … for a total sum of $804.4 mln," KMGK said on its website.
A group of energy firms has backed a disputed plan by EU regulators to attach emissions limits to subsidies for providing back-up power capacity to avert blackouts. The proposal by the European Commission, which would set a cap of 550 grammes of carbon dioxide per kilowatt-hour for new power stations, ruling out less-efficient coal and gas-fired plants, has been fiercely contested by Poland and some other EU member states. It is part of a draft reform of Europe's electricity market that calls for stricter rules on capacity mechanisms used in countries such as Britain and France to fund power generation that may not be cost-effective or as clean as renewable energy but is needed to guarantee supply during periods of peak demand.
Kazakhstan is aiming for a standalone deal with leading global oil producers on restraining its crude production due to a need to crank up output at its Kashagan field, a Kazakh official said on Thursday. The Central Asian nation increased oil and gas condensate output by 9.9 percent in January-July to 49.907 million tonnes, or 1.724 million barrels per day (bpd), exceeding its quota of 1.7 million bpd under a global supply pact. Kazakhstan has said it needs to adjust the terms of the deal as it expects to boost output later this year thanks to the giant Kashagan field.
The giant oilfield Kashagan in Kazakhstan is expected to produce 13 million tonnes next year , Kazakhstan's Deputy Energy Minister Aset Magauov said on Thursday. Kashagan oilfield has been developed by ...
* Urals crude differentials to dated Brent in northwest Europe were down for a fourth consecutive trading day on Tuesday as limited buying interest and weaker refinery margins coincided with high export ...
* Urals crude differentials to dated Brent in northwest Europe were down on Friday in anticipation of ample supplies in September, traders said. * They expect to see an extended loading plan for September ...
Three recently discovered major gas fields are expected to raise Egypt's natural gas output by 50 percent in 2018 and 100 percent in 2020, the petroleum ministry said. "The fields of Zohr, North Alexandria and Nooros are among the most important projects that will increase natural gas production ... and will contribute to (Egypt’s) natural gas self-sufficiency by the end of 2018," Petroleum Minister Tarek El Molla said in a statement, which set out the production forecasts. Egypt's natural gas production rose to about 5.1 billion cubic feet per day in 2017 from 4.4 billion cubic feet in 2016 with the start of production from the first phase of BP's North Alexandria project.
Russia's Rosneft, the world's top listed oil producer, wants to supply gas in parts of Europe where Gazprom is not present to avoid the risk of losing those markets to U.S. liquefied natural gas (LNG), a Rosneft executive said. Gazprom, the leading global gas producer, enjoys monopoly rights on gas pipeline exports from Russia.
** No "buy" on European big oils: Kepler Cheuvreux cuts remaining "buy" ratings under its coverage and revises down its long-term oil price expectations to $50/bbl from $60/bbl ** Kepler ...
LONDON--(BUSINESSWIRE)-- Citi (NYSE: C), acting through Citibank N.A., has been appointed by Eni S.p.A (“Eni”), as successor depositary bank for its American Depositary Receipt (ADR) programme, which trades ...
LONDON/MILAN, June 20 (Reuters) - Italian oil major Eni (Euronext: ENI.NX - news) signed an agreement with Iran on Tuesday for feasibility studies to develop an oil field and a gas field, signalling a possible return to Iran's upstream sector. The Iranian oil ministry's official website SHANA reported Eni had signed a Memorandum of Understanding with the National Iranian Oil Company (NIOC) for studies on the Kish gas field and the third phase of the Darkhovin oil field in southern Iran.