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Eni SpA (ENI.MI)

ENI.MI on Milan Stock Exchange

14.54EUR
21 May 2019
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€14.54
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10,705,382
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€16.71
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€13.42

Latest Key Developments (Source: Significant Developments)

Eni Awarded Exploration Block In Argentina's Offshore
Sunday, 19 May 2019 

May 20 (Reuters) - Eni SpA ::ENI AWARDED A HIGH POTENTIAL EXPLORATION BLOCK IN ARGENTINA'S OFFSHORE.ARGENTINIAN AUTHORITIES OFFICIALLY AWARDED THE EXPLORATION LICENSE OF OFFSHORE BLOCK MLO 124 TO AN ENI-LED CONSORTIUM.ENI HOLDS 80% WORKING INTEREST AND IS OPERATOR OF A CONSORTIUM, WHICH ALSO INCLUDES TECPETROL S.A. AND MITSUI & CO. LTD., WITH 10% EACH.  Full Article

Eni Prices U.S. Dollar Fixed Rate Bond Of $1 Bln In Nominal Value
Friday, 3 May 2019 

May 3 (Reuters) - Eni SpA ::SAID ON THURSDAY PRICED 10 YEAR USD DENOMINATED FIXED RATE BOND FOR A PRINCIPAL AMOUNT OF USD 1 BLN.BOND OFFER GENERATED DEMAND OF ABOUT USD 4.6 BLN.  Full Article

Eni Board Approves Potential Bond Issue For Up To $2 Bln
Thursday, 4 Apr 2019 

April 4 (Reuters) - Eni SpA ::SAYS BOARD OF DIRECTORS APPROVES POTENTIAL BOND ISSUE IN USD, WITH A VALUE UP TO 2 BILLION US DOLLARS.SAYS BONDS MAY BE LISTED ON ONE OR MORE REGULATED MARKETS OR ON MULTILATERAL TRADING FACILITIES.  Full Article

Eni CEO says if MoU with China done well there is nothing to fear
Friday, 15 Mar 2019 

March 15 (Reuters) - Eni SpA ::CEO SAYS IF MOU WITH CHINA IS DONE WELL THERE IS NOTHING TO FEAR .WE HAVE WORKED IN CHINA FOR SOME TIME AND WE WORK WELL.  Full Article

Eni CEO says there are no production problems in Algeria
Friday, 15 Mar 2019 

March 15 (Reuters) - Eni SpA ::CEO SAYS RENEGOTIATING GAS CONTRACTS WITH ALGERIA, THE LONG-TERM CONTRACTS EXPIRE IN OCTOBER.CEO SAYS THERE ARE NO PRODUCTION PROBLEMS IN ALGERIA.CEO SAYS RUSSIA IS MAINLY GAS FOR THE COMPANY BUT OFFSHORE ACTIVITY IS BLOCKED BY SANCTIONS.  Full Article

Eni To Start Four-Year Buy-back Program Allocating EUR 400 Mln In 2019
Friday, 15 Mar 2019 

March 15 (Reuters) - Eni SpA ::DIVIDEND €0.86 PER SHARE, +3.6% VERSUS 2018; €400 MILLION SHARE BUYBACK IN 2019.SEES NET ZERO UPSTREAM CARBON EMISSIONS BY 2030.UPSTREAM PRODUCTION: CAGR 3.5% PER YEAR UP TO 2025.UPSTREAM NEW PROJECTS BREAKEVEN: $25/BBL BRENT.TO START FOUR-YEAR BUYBACK PROGRAMME ENVISAGING A CAPITAL ALLOCATION OF €400 MILLION IN 2019.2019-2022 UPSTREAM CUMULATED FREE CASH FLOW: €22 BILLION.BUYBACK IN 2020-2022 EITHER €400 MILLION IN 60-65 $ BRENT SCENARIO OR €800 MILLION IN A SCENARIO >$65 BRENT (LEVERAGE <20%).SEES OVER 1.6 GW OF RENEWABLE CAPACITY INSTALLED BY 2022, 5 GW BY 2025.MID-DOWNSTREAM LNG: 14 MTPA BY 2022, 16 MTPA BY 2025.SAYS EXPECTS TO BE CARBON EMISSION FREE IN UPSTREAM BY 2030.SEES CAPEX 2019-2022 AT € 1.4 BILLION FOR ENERGY SOLUTIONS.ORGANIC CASH NEUTRALITY AFTER DIVIDEND: $55/BBL IN 2019, DECLINING TO $50/BBL END OF PLAN.  Full Article

Eni Makes Gas Discovery In Nour Prospect, Offshore Egypt
Thursday, 14 Mar 2019 

March 14 (Reuters) - Eni SpA ::SAYS ANNOUNCES A NEW GAS DISCOVERY IN THE NOUR PROSPECT, OFFSHORE EGYPT.NOUR-1 WELL FOUND ESTIMATED GAS COLUMN OF 90 METERS.  Full Article

Eni Farms Out 30 Pct Of Morocco's Tarfaya Offshore Petroleum Agreement To Qatar Petroleum
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Eni SpA ::FARMS OUT TO QATAR PETROLEUM A 30% PARTICIPATING INTEREST IN TARFAYA OFFSHORE PETROLEUM AGREEMENT, OFFSHORE MOROCCO.FOLLOWING TRANSACTION, THE PARTNERSHIP WILL BE ENI (45%), QP (30%) AND OFFICE NATIONAL DES HYDROCARBURES ET DES MINES (25%).  Full Article

Eni Makes Discovery Offshore Angola Of Estimated 450-650 Mln Light Oil Barrels
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Eni SpA ::ANNOUNCES A MAJOR OIL DISCOVERY OFFSHORE ANGOLA.DISCOVERY IS ESTIMATED TO CONTAIN BETWEEN 450 AND 650 MILLION BARRELS OF LIGHT OIL IN PLACE WITH FURTHER UPSIDE.THE DATA ACQUIRED IN AGOGO-1 NFW INDICATE A PRODUCTION CAPACITY OF MORE THAN 20,000 BARRELS OF OIL PER DAY.  Full Article

Eni says worker missing after crane collapse has died
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Eni says::WORKER MISSING AFTER A CRANE COLLAPSE AT OFFSHORE PLATFORM NEAR ANCONA HAS BEEN FOUND DEAD.  Full Article

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Exclusive: Russian pipeline restart hit by dirty oil evacuation problems

LONDON Hopes for a speedy resumption of oil exports from Russia to Poland and Germany along the Druzhba pipeline route are fading after plans to remove dirty oil from the pipeline had a major setback last week, three trading sources said.