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The Latest Breaking News from Eni

Europe May Shift Back to Coal as Russia Turns Down Gas Flows

Europe's biggest Russian gas buyers raced to find alternative fuel supplies on Monday and could burn more coal to cope with reduced gas flows from Russia that threaten an energy crisis in winter if stores are not refilled. Germany, Italy, Austria and the Netherlands have all signaled that coal-fired power…

Asharq Al-Awsat

Qatar Announces Italy’s Eni as Second Partner in North Field East Project

Qatar signed a deal with Eni on Sunday on the expansion of the North Field East (NFE) Project, the world's largest liquefied natural gas (LNG) project, following on from an agreement with TotalEnergies earlier this month. QatarEnergy CEO Saad al-Kaabi said Eni would own 25 percent of a new joint…

Asharq Al-Awsat

Russia to 'Intensify' Fighting, Zelensky Warns as EU Decision Looms

Ukrainian President Volodymyr Zelensky warned that Russia was likely to intensify its "hostile activity" this week, as Kyiv awaits a historic decision from the European Union on its membership application. Nearly three months after Russia launched a bloody invasion of his country, Zelensky said there had been "few such fateful…

Asharq Al-Awsat

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NT solar farms sitting idle, some more than two years after construction

Four solar farms in the Northern Territory are sitting idle, years after construction.

ABC News

Russia-Ukraine latest updates: Leaders back EU path for Kyiv

France, Germany, Italy and Romania leaders back Kyiv’s bid for EU membership and pledge more arms to fend off Russia.

Al Jazeera

How the Northern Territory has avoided the power crisis unfolding in the eastern states — for now

As the eastern states grapple with the perfect storm behind a rapidly worsening energy crisis, the skies over the Northern Territory's power system are pretty clear. Here's what makes the NT's situation different — for now.

ABC News

Analyzing Eni's Short Interest

Eni's (NYSE:E) short percent of float has fallen 36.36% since its last report. The company recently reported that it has 1.30 million shares sold short, which is 0.07% of all regular shares that are available for trading.

Benzinga

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Algeria plays balancing act as Europe tries cut Russian gas

Algeria could help some nations switch off from Russian gas but the geopolitical backdrop is complex, say analysts.

Al Jazeera

Hungary's Orban escapes EU sanctions on Russian oil

Hungary's divisive leader has once again got his own way with the European Union - this time in tough negotiations on Russian oil at the recent summit in Brussels.

Radio France Internationale

Italy’s ENI, NOC Discuss Plans to Develop Libya’s Oil Fields

Chairman of Libya’s National Oil Company (NOC) Mustafa Sanalla held talks with General Manager of Eni North Africa Antonio Bolsari in Tripoli on Wednesday. Sanalla’s Advisor Bashir Grea, the General Manager of Legal Affairs Dr. Kalfallah Ibrahim and the Project and Maintenance Manager Najmi Karim attended the meeting. Several topics…

Asharq Al-Awsat

Finland says Russia suspending natural gas supplies

Finland's state-owned energy company says Russia will cut off natural gas to Finland after the Nordic country that applied for NATO membership this week refused President Vladimir Putin’s demand to pay in rubles

The Independent UK

Looking Into Eni's Recent Short Interest

Eni's (NYSE:E) short percent of float has risen 16.67% since its last report. The company recently reported that it has 2.58 million shares sold short, which is 0.14% of all regular shares that are available for trading.

Benzinga

Europe's push to cut Russian gas faces a race against winter

Europeans are basking in the warmth of spring, but their governments are in a race against winter

The Independent UK

3 High-Yield Dividend Stocks to Buy in May: GlaxoSmithKline, A.P. Moeller-Maersk, and ENI

With the latest federal interest rate hike and the possibility of further monetary policy tightening, market indices have been going haywire. Because volatility is expected to persist, with experts fearing the economy will slip into recession, we think it could be wise to bet on high dividend-yielding stocks GlaxoSmithKline (GSK),…

StockNews.com

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Benzinga

Peering Into Eni's Recent Short Interest

Eni's (NYSE:E) short percent of float has fallen 14.29% since its last report. The company recently reported that it has 2.16 million shares sold short, which is 0.12% of all regular shares that are available for trading.

The Guardian - UK

German and Austrian energy firms seek to meet Putin’s terms for gas payments

Uniper and OMV to open rouble accounts with Gazprombank after Russia refuses dollars or euros

Asharq Al-Awsat

Egypt’s EGAS, Italy’s Eni Sign Agreement to Increase Gas Exports to Europe

The Egyptian Natural Gas Holding Company (EGAS) and Italy’s Eni signed on Wednesday a framework agreement that will allow to maximize gas production and liquefied natural gas (LNG) exports. The agreement aims to promote Egyptian LNG export to Europe, and specifically to Italy, in line with the transition to a…

Asharq Al-Awsat

Algeria, Italy Sign Gas Deals to Reduce Russia Reliance

Italian Prime Minister Mario Draghi announced a deal on Monday to boost gas deliveries from Algeria, as he steps up efforts to reduce Rome's heavy reliance on Russian imports. Addressing journalists after meeting President Abdelmadjid Tebboune, Draghi told journalists the two governments had signed a preliminary deal on energy cooperation.…

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The Independent UK

Italy's premier to sign gas deal with Algeria amid war

Italian Premier Mario Draghi is traveling to Algeria to sign a deal for more natural gas as European Union countries urgently seek alternative energy sources following Russia’s invasion of Ukraine

Reuters

Italy's Draghi set to sign deal in Algeria to ease Russia gas fix- sources

Italy's Prime Minister Mario Draghi will visit Algeria on Monday to sign an agreement to ramp up gas imports, two sources said, as Rome steps up efforts to tap alternative flows following Russia's invasion of Ukraine.

The Guardian - UK

‘It’s a media war’: the UK’s top anti-oil campaigner fights on aged 80

In 50 years, Canvey Island’s George Whatley has won five victories against oil and gas firms trying to expand operations

StockNews.com

Grab These 4 Momentum Stocks at Bargain Prices

Eni S.p.A. (E), Alpha Metallurgical (AMR), Natural Resource (NRP), and Grindrod Shipping (GRIN) have been gaining momentum and are well-positioned to maintain the same upward inertia for some time and are currently undervalued.

Asharq Al-Awsat

Italy's Eni to Pull Out of Russia-Turkey Pipeline

Italian oil giant Eni said Tuesday it would withdraw from the Blue Stream gas pipeline linking Russia to Turkey, in which it has a 50 percent stake. "Eni intends to sell its stake" in Blue Stream, a company spokesman said, following moves by rivals BP and Shell to divest from…

Asharq Al-Awsat

Italy's FM Visits Algeria with Eni CEO on Energy Cooperation

Italy's foreign minister is visiting Algeria with the head of energy group Eni to discuss energy cooperation in light of the Ukraine crisis, the ministry said on Monday. Eni has strategic long-term gas contracts with both Russia and Algeria. Eni has reported an adjusted net profit of $5.4bn (€4.74bn) for…

The Guardian - UK

Oxford University took at least £1.6m last year from fossil fuel firms

Donations include £1.3m from Italian oil group Eni and appear to run contrary to aim of being net zero by 2035

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