By David Sachs Eni's net profit and operating profit fell in the fourth quarter, dragged by lower oil and natural-gas prices. The Italian oil-and-gas company.
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.
Regulatory News: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the successful completion of the drilling and production test of the Cronos-2.
By Pierre Bertrand Eni said that it has signed strategic agreements with Kazakh companies KazMunayGas and with QazaqGaz, Kazakhstan's national gas company..
Renewable diesel for trucks is catching on in the two coasts. The trouble: Soaring supply has created a glut that has hit producer margins and stock prices.