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Eni beats Q4 profit forecasts helped by favourable arbitration

Italian energy group Eni on Friday reported fourth-quarter adjusted net profit of 1.64 billion euros ($1.8 billion), beating analysts expectations, helped in part by a positive arbitration outcome.

Italian gas grid operator Snam to invest 11 5 bln euros by 2027

Italy s Snam will invest 11.5 billion euros ($12.5 billion) by 2027 to expand its infrastructure to support the country s energy transition, 15% more than in its previous business plan, the gas network operator said on Thursday.

Fragments of unidentified device resembling rocket reportedly found in Russia s Krasnodar Krai

Russian state-controlled news agency RIA Novosti published photos from the scene showing the fragments of the "unidentified device," which appear to resemble the fragments of a rocket.

Facebook s state-controlled media labels appear to reduce engagement

Facebook’s “state-controlled media” labels appear to reduce engagement with content from authoritarian nations. A new study reveals that, with the added tags, users’ engagement decreased when they noticed content labeled as originating from Chinese and Russian government-run media. However, the labels also appeared to boost user favorability of posts from Canadian state media, suggesting broader perceptions of the country play into the tags’ effectiveness.

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