Posts filtered on Tag

Eni

The Headquarters of the ENI energy company are seen in Rome, Italy, Wednesday, December 14, 2005. Gazprom would consider buying a stake in the electricity unit of Eni SpA, Europe's fourth-biggest power company, as a way to enter the Italian electricity production market, Il Sole/24 Ore reported, citing an interview with Gazprom Deputy Chief Executive Alexander Medvedev. Photographer: Chris Warde-Jones/Bloomberg News

Italy’s Eni said to explore sale of gas and power retail assets

on
If Eni goes ahead with the auction, the business could attract private equity firms and utility companies, sources said.
The Headquarters of the ENI energy company are seen in Rome, Italy, Wednesday, December 14, 2005. Gazprom would consider buying a stake in the electricity unit of Eni SpA, Europe's fourth-biggest power company, as a way to enter the Italian electricity production market, Il Sole/24 Ore reported, citing an interview with Gazprom Deputy Chief Executive Alexander Medvedev. Photographer: Chris Warde-Jones/Bloomberg News

Italy’s Eni renews deal for oil, gas search off Cyprus

on
Eni said in August that it discovered off Egypt’s coast what it called the biggest gas field ever found in the Mediterranean sea.
A child holds onto an Iranian national flag on Naqsh-e-Jahan square in Isfahan, Iran, on Thursday, Aug. 27, 2015. Iran expects its economic growth to accelerate next year as the removal of sanctions under a nuclear agreement offsets a global slump in oil prices. (Simon Dawson/Bloomberg)

Iran offering flexible contracts to woo billions in foreign investment

on
The new Iranian contracts come even as oil markets fear a surge of new barrels entering a worldwide supply glut.
The Headquarters of the ENI energy company are seen in Rome, Italy, Wednesday, December 14, 2005. Gazprom would consider buying a stake in the electricity unit of Eni SpA, Europe's fourth-biggest power company, as a way to enter the Italian electricity production market, Il Sole/24 Ore reported, citing an interview with Gazprom Deputy Chief Executive Alexander Medvedev. Photographer: Chris Warde-Jones/Bloomberg News

Report: Eni’s massive Zohr find could catalyze Eastern Mediterranean development

on
Noble has dismissed critics who claimed that the Eni find would thwart its efforts to market Israeli gas to the region.
The Headquarters of the ENI energy company are seen in Rome, Italy, Wednesday, December 14, 2005. Gazprom would consider buying a stake in the electricity unit of Eni SpA, Europe's fourth-biggest power company, as a way to enter the Italian electricity production market, Il Sole/24 Ore reported, citing an interview with Gazprom Deputy Chief Executive Alexander Medvedev. Photographer: Chris Warde-Jones/Bloomberg News

Eni sells remaining stake in Portuguese oil firm

on
The sale comes after Eni last month disposed of a 12.5 percent stake in Saipem SpA in a bid to remove Italy’s oil services company’s debt from its balance sheet.
Categories: Crude oil, Deals
Tags: | |
The Headquarters of the ENI energy company are seen in Rome, Italy, Wednesday, December 14, 2005. Gazprom would consider buying a stake in the electricity unit of Eni SpA, Europe's fourth-biggest power company, as a way to enter the Italian electricity production market, Il Sole/24 Ore reported, citing an interview with Gazprom Deputy Chief Executive Alexander Medvedev. Photographer: Chris Warde-Jones/Bloomberg News

After leading oil industry on exploration, Eni seeks to cash in

on
In the last decade, the company has spent $41 billion drilling dozens of wells from Mozambique to Pakistan and Angola.
Noble Energy hunts for oil offshore Israel in the Tamar field. The Houston-based oil company has stalled its Israel investments after a dispute with the country's anti-trust regulators. (Noble Energy)

Noble agrees to sell off stake in two small Israeli gas fields for $67 million

on
Noble Energy agreed to sell of its stake in two undeveloped gas fields in the Eastern Mediterranean to satisfy concerns that the Houston oil company held too much control over the country’s natural gas resources.
Shell Oil President Marvin Odum, center, speaks at the University of Houston energy symposium, "Carbon tax: Is it the right time?" on Tuesday, Nov. 10, 2015. ( Karen Warren / Houston Chronicle )

Shell Oil Co. president touts carbon tax over piecemeal regulations

on
A carbon tax or cap-and-trade system in the U.S. — and globally — would serve the energy industry better than the current slate of piecemeal state and federal regulations, Shell Oil Co. President Marvin Odum said Tuesday at a University of Houston energy symposium on “Carbon Tax: Is It the Right Time?”
(Chevron photo)

Chevron starts production offshore Central Africa

on
Located 65 miles offshore the African coast, the Lianzi Field is situated in a zone between the Republic of Congo and the Republic of Angola, Chevron’s first development in Congo and its cross-border offshore project in the region. It’s expected to produce an average of 40,000 barrels of crude per day.
Categories: Africa, Crude oil
(Andrey Rudakov/Bloomberg)

Kazakhstan could fine BG, Eni $2 billion for project

on
That would be roughly in line with penalties the government threatened to impose in a 2010 dispute that ended with the state taking a 10 percent stake in the project.