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Eni SpA (ENI.MI)

ENI.MI on Milan Stock Exchange

15.17EUR
4:38pm BST
Change (% chg)

€-0.22 (-1.40%)
Prev Close
€15.39
Open
€15.61
Day's High
€15.62
Day's Low
€15.16
Volume
9,631,690
Avg. Vol
10,212,247
52-wk High
€16.89
52-wk Low
€13.22

Latest Key Developments (Source: Significant Developments)

Eni, BP And NOC Sign Deal To Resume Libyan Exploration
Monday, 8 Oct 2018 

Oct 8 (Reuters) - Eni SpA ::ENI - ENI, BP AND NOC SIGN DEAL TO RESUME LIBYAN EXPLORATION.ENI - AGREEMENT WILL SEE CO BUY 42.5% STAKE, BECOME OPERATOR OF 3 OF BP’S LIBYAN OIL EXPLORATION AREAS.ENI - PARTIES INTEND TO FINALIZE & EXECUTE ALL NECESSARY AGREEMENTS BY CURRENT YEAR-END, WITH AIM OF RE-STARTING EXPLORATION ACTIVITIES IN 2019.  Full Article

Russia's Rosneft says production capacity at Egypt's Zohr up 25 pct
Saturday, 8 Sep 2018 

Sept 8 (Reuters) - Russian oil giant Rosneft said on Saturday::Production capacity of Zohr project has been increased by more than 25 percent to more than 56.6 million cubic metres (mcm) of gas per day. .The increase has been achieved due to the commissioning of the fifth train of the gas preparation plant at the site, as well as the start-up of the second export pipeline and new wells..The consortium of Eni <<>>, Rosneft <<>>, BP <<>> and Mubadala together with the Egyptian oil and gas companies started production at the Zohr gas field, the largest in the Mediterranean Sea, in December..The field is expected to reach production capacity of 76 mcm of gas per day by the end of 2019, ahead of schedule. In the first half of 2018, 3.1 billion cubic metres of gas were produced at the field..  Full Article

Eni Picks Bookrunners For Issue Of U.S. Dollar Fixed Rate Bonds
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - Eni SpA ::HAS MANDATED JOINT BOOKRUNNERS FOR ITS UPCOMING ISSUANCE OF US DOLLAR FIXED RATE BONDS.EXPECTS BONDS TO BE ISSUED IN TWO TRANCHES OF 5 YEARS AND 10 YEARS.LAUNCH OF TRANSACTION IS SUBJECT TO MARKET CONDITIONS AND OFFERING IS RESTRICTED TO INSTITUTIONAL INVESTORS ONLY.  Full Article

Naturgy Energy Group Receives Favorable Resolution In International Settlement In Egypt
Monday, 3 Sep 2018 

Sept 3 (Reuters) - Naturgy Energy Group SA ::SAYS 50 PERCENT OWNED UNIT UFG RECEIVED FAVORABLE AWARD ISSUED BY INTERNATIONAL CENTER FOR SETTLEMENT OF INTERNATIONAL DISPUTES.SAYS INTERNATIONAL DISPUTES CENTER AWARDS UFG OVER 1.70 BILLION EUROS AFTER TAX AND BEFORE INTEREST.SAYS RULING CONCERNS LACK OF GAS SUPPLY TO UFG FACILITIES IN DAMIETTA, EGYPT.  Full Article

S&P Revises Eni SpA To Rating 'A-' From 'Bbb+'
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - S&P Global Ratings::S&P REVISES ENI SPA TO RATING 'A-' FROM 'BBB+'.  Full Article

Equinor awards Alcatel Submarine a monitoring contract at Johan Castberg field to increase recovery
Friday, 24 Aug 2018 

Aug 24 (Reuters) - Equinor Asa ::EQUINOR: CONTRACT FOR IMPROVED RECOVERY AT JOHAN CASTBERG - EQUINOR.COM.EQUINOR HAS AWARDED ALCATEL SUBMARINE NETWORKS A CONTRACT FOR PERMANENT RESERVOIR MONITORING (PRM), WHICH IN TURN HAS SIGNED A LETTER OF INTENT WITH NEXANS NORWAY AS FOR DELIVERY OF SUBSEA CABLE.PRM IS A CENTRAL ELEMENT OF DIGITAL STRATEGY FOR JOHAN CASTBERG AND WILL BE AN IMPORTANT TOOL IN IMPROVING JOHAN CASTBERG RECOVERY RATE.SUPPLY WILL INCLUDE MORE THAN 200KM OF SUBSEA CABLE AT JOHAN CASTBERG FIELD.WE EXPECT OUR CURRENT PORTFOLIO OF PRODUCING AND SANCTIONED FIELDS OFFSHORE NORWAY TO ACHIEVE 50% RECOVERY, HOWEVER, AMBITION IS TO HIT 60% THROUGH IOR-INITIATIVES FOR OUR OIL FIELDS.ESTIMATED RECOVERABLE RESERVES FOR JOHAN CASTBERG IS 450-650 MILLION BARRELS. PLANNED START-UP IS 2022.THE JOHAN CASTBERG PARTNERSHIP CONSISTS OF EQUINOR (OPERATOR 50 PCT), ENI NORGE (30 PCT) AND PETORO (20 PCT)..  Full Article

Eni Granted New Exploration License Offshore Egypt
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - Eni SpA ::GRANTED NEW EXPLORATION LICENSE OFFSHORE EGYPT.PLANS TO PROCEED WITH THE DRILLING OF AN EXPLORATION WELL IN THE SECOND HALF OF THE 2018.IN CONCESSION, WHICH IS IN PARTICIPATION WITH EGYPTIAN NATURAL GAS HOLDING COMPANY (EGAS), ENI HOLDS AN 85% STAKE IN PARTNERSHIP WITH THARWA PETROLEUM COMPANY, WHICH HOLDS 15% STAKE.EXPLORATION LICENSE COVERS TOTAL AREA OF 739 SQUARE KILOMETERS.  Full Article

Eni CEO says no room to pursue Rosneft deepwater jv due to sanctions
Friday, 27 Jul 2018 

July 27 (Reuters) - Eni CEO Claudio Descalzi says::DEEP WATER JV PROGRAMMES WITH ROSNEFT ARE UNDER SECONDARY SANCTIONS, "NO SPACE FOR US TO GO FORWARD".FIRST SIX MONTHS OF BUSINESS IN VENEZUELA HAVE BEEN POSITIVE, PAYMENTS FOR GAS HAVE BEEN MADE.  Full Article

Eni CEO says can consider proposing buyback if leverage stays below 20 pct
Friday, 27 Jul 2018 

July 27 (Reuters) - Eni CEO::REITERATES ONCE LEVERAGE STEADILY BELOW 20 PERCENT "WE CAN CONSIDER PROPOSING BUYBACK TO BOARD".EVEN WITH HIGHER OIL PRICES THE GROUP IS NOT OBLIGED TO INVEST MORE, INTENDS TO REMAIN STRICT ON CAPEX SPEND.  Full Article

Equinor confirms divesting its stake in UK's Teesside terminal
Friday, 27 Jul 2018 

July 27 (Reuters) - Equinor ASA ::EQUINOR SPOKESWOMAN SAYS SHE CAN CONFIRM EQUINOR IS DIVESTING ITS STAKE IN UK'S TEESSIDE TERMINAL AS PART OF "ONGOING PORTFOLIO OPTIMISATION AND ENHANCED FINANCIAL FLEXIBILITY".EQUINOR SPOKESWOMAN SAYS THE PRICE "COMPARES WELL WITH THE VALUE ATTACHED TO ITS INTEREST", DECLINES TO COMMENT ON SPECIFIC NUMBERS.CONOCOPHILLIPS, THE TERMINAL'S OPERATOR, SAID EARLIER ON FRIDAY EXISTING SHAREHOLDERS ACQUIRED THEIR PRO-RATA SHARE OF EQUINOR'S 27.3 PERCENT INTEREST O9N1KI00U.  Full Article

Italy - Factors to watch on Oct. 16

The following factors could affect Italian markets on Tuesday.