Tuesday’s Piazza Affari continued trading in the green — with the point bar above 38,800 — after the prolonged Easter break, awaiting important economic data including the U.S. JOLTs report later in the week for more clues on what might be the next moves by central banks.
‘Right strategy, wrong price’. That’s the headline from a research note penned by American investment bank Stifel on Ithaca Energy PLC (LSE:ITH)’s proposed acquisition of North Sea assets from Italian oil giant ENI for an estimated $1.1 billion.
Italian energy major Eni has renewed its membership in the MIT Energy Initiative (MITEI) as a founding member until the end of 2027. The company said in a media release that this step reaffirms its commitment to the field of low-carbon energy research.
Prime Minister Olzhas Bektenov and Upstream Director of the Italian company ENI Luca Vignati reviewed ongoing joint work at the Karachaganak and Kashagan fields and explored opportunities for launching new projects in renewable energy sources at a meeting on March 27, reported the Prime Minister’s press service.
Ithaca Energy has been given a four-week exclusivity period by Italy’s Eni to make an offer for UK exploration and production assets that could expand its output massively, the London-listed company said on Wednesday.
APA-Abidjan (Côte d’Ivoire) The Ivorian Ministry of Mines, Petroleum and Energy is denouncing a failure to comply with local content requirements.
Multinational energy company Eni has closed a deal for the sale of some of its upstream assets with oil and gas company Perenco in the Republic of Congo.
The discovery, named Calao, stands as the second largest in the country, following the Baleine field discovered by Eni in September 2021
(MENAFN) Eni, the Italian energy giant, in collaboration with state-run Petroci International, has announced a groundbreaking discovery of a major oilfield off the coast of Côte d’Ivoire. Named Calao, the site represents a significant addition to the country’s oil reserves, second only to the Baleine field discovered by Eni in September 2021. Exploratory drilling revealed the presence of light oil, gas, and condensates across various intervals of Cenomanian age, characterized by promising permeability values.
As major discovery comes to light
Italy’s oil and gas giant Eni, has made a new significant hydrocarbon discovery in block CI-205 off the coast of Côte d’Ivoire, West Africa.