Eni SpA (E) , Italy's leading oil and gas company, is set to begin construction of its third biorefinery in Italy, Livorno, after receiving final approval from the Italian Ministry of the Environment and Energy Security. The authorization, issued in collaboration with the Ministry of Culture and based on recommendations from the National Institute of Health and Tuscany's regional government, marks a significant step forward in Eni's ambitious decarbonization strategy. The Environmental Impact Assessment, su ...

Eni SpA (E) , Italy's leading oil and gas company, and Azerbaijan's state energy company, SOCAR, have signed three pivotal Memorandums of Understanding ("MoU"). These agreements are aimed at advancing energy security, cutting greenhouse gas emissions and bolstering the biofuel production chain. The agreements were finalized during the visit of Ilham Aliyev, president of the Republic of Azerbaijan. The first MoU emphasizes Eni and SOCAR's expanded cooperation in hydrocarbon exploration and production. This c ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metric ...

Eni SpA (E) , an Italian energy giant, has received approval from Indonesian authorities to develop two offshore fields, paving the way for a new gas and condensates production hub in the Kutei Basin off the coast of Indonesia. This move is set to enhance Eni's gas production capacity significantly. It also marks a strategic expansion of the company in the Asian market. New Production Hub in the Kutei Basin Eni's new venture involves the integrated development of the Geng North (North Ganal PSC) and Gehem ( ...

Eni SpA (E) , an Italian energy giant, has commenced gas production from the Argo Cassiopea field, a major gas development project in Italy. Located in the Strait of Sicily, the field is expected to contribute to Italy's energy supply significantly. Production Details The company reported that initial test production has begun from one of its four subsea wells that were drilled over the past few months. Eni expects the remaining wells and their associated infrastructure to be gradually brought online, teste ...

Total quarterly revenues of $24.8 billion increased from $21.6 billion recorded a year ago. However, the top line missed the Zacks Consensus Estimate of $25.7 billion. Eni operates through four business segments — Exploration & Production, Global Gas & LNG Portfolio, Enilive Refining and Chemicals, and Plenitude & Power. Liquids production totaled 777 thousand barrels per day (MBbl/d), up 3% from the year-ago quarter's 757 MBbl/d. Natural gas production increased to 4,888 million cubic feet per day from 4,4 ...

Eni S.p.A. (NYSE:E) (OTCPK:EIPAF) looks pretty attractive. While having a solid E&P business, they also have a growth engine in Enilive and Plentitude. Enilive alone could be commanding a significant corporate valuation of between 11.5-12.6 bn EUR in equity. Plentitude was something around 8 billion EUR when it received investment from EIP. The residual businesses in E&P look quite shored up with some recent acquisitions that have considerable growth potential. The chemical and refining business doesn't loo ...

Eni S.p.A. (NYSE:E) Q2 2024 Earnings Conference Call July 26, 2024 8:00 AM ET Claudio Descalzi - CEO Stefano Ballista - CEO, Enilive Francesco Gattei - CFO Guido Brusco - Head of Natural Resources Cristian Signoretto - Head of GGP Adriano Alfani - CEO, Versalis Jon Rigby - Head of IR & Strategic Analysis Irene Himona - Bernstein Josh Stone - UBS Biraj Borkhataria - RBC Capital Markets Alejandro Vigil - Santander Alessandro Pozzi - Mediobanca Alastair Syme - Citi Lydia Rainforth - Barclays Peter Low - Redbur ...

IH 2024 RESULTS CONTINUED STRATEGIC PROGRESS Alaska 2 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------|-----------------------------------|-------|---------------------------------------------------|-------------|--------------------|------------------------|------------------------|--------------------------------------------------------|---------------|--------------------------------|------------------|-------|-------------------- ...

The deal, which could value Enilive at €11.5-12.5 billion ($12.5-$13.6 billion), including debt, underscores Eni's strategic shift toward making its business units financially independent. A preliminary agreement is anticipated by September, coinciding with the end of the exclusivity period, with the final transaction likely to conclude by the year's end. GeoPark Ltd. (GPRK) , based in Hamilton, Bermuda, is an explorer, operator and consolidator in the oil and gas sector. The company primarily operates in C ...