MILAN - Italian energy group ENI and Russian partner Gazprom signed an agreement on Thursday authorising French firm EDF to join the South Stream gas pipeline project, ENI said. But the conditions of EDF's participation in the project will be defin
LONDON - British oil exploration company Heritage Oil PLC said Monday it has agreed to sell its stakes in two Ugandan fields to Italy's Eni SpA for up to $1.5 billion. Heritage said it had signed a binding letter of intent to sell its 50 percent sha
Heritage, the UK-listed oil company, has agreed to sell its Ugandan oil fields to Eni, the Italian energy group, in a deal worth about $1.3bn.The deal is a potential blow to Tullow, the fellow UK-listed oil company. Eni had been widely expected to b
MILAN - The Italian oil company Eni and Spain's Repsol on Friday said tests have confirmed that their natural gas discovery offshore Venezuela is the largest ever in the country. Repsol first announced the find a few weeks ago during a visit to Spai
Iraq has given a consortium led by Eni, the Italian oil group, the right to develop its giant Zubair field, in a deal that signals the country’s desire to attract more of the world’s biggest oil companies 40 years after nationalising its oil industr
Eni, the Italian energy group, is undervalued by about €50bn ($73bn) because its mixture of oil, gas and utility assets has not kept pace with European energy industry restructuring trends, Knight Vinke, the US activist investor, said on Wednesday.T
MILAN, July 31 - Italian oil and gas major Eni reported a 60 per cent fall in adjusted net profit on Friday, dragged down by lower oil prices, and cut its interim dividend, missing analyst expectations.Falling oil and natural gas prices hit profits
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