E News and Press, ENI S.p.A. From 04/01/20

Overview There is no reprieve for investors. Equities are falling sharply. Nearly all the Asia-Pacific markets slumped but Australia. Chinese markets fared better than most, but the Nikkei was off 4.5%, and India was down almost as much in late dealings. Europe's Dow Jones Stoxx 600 is off m...

By Nadege Tillier, Senior Credit Analyst & Warren Patterson, Head of Commodities Strategy Already suffering from oversupply, the Covid-19 outbreak is pushing the energy sector to revise its business plans for 2020 Bearish oil fundamentals prompt major rethink At the start of t...

Valaris DS-7 Earlier this month, Valaris ( VAL ) shocked the market when it announced that its drillship Valaris DS-8 lost its blowout preventer (BOP) which has dropped to the seabed floor. At that time, the company indicated that it expected a $150 million EBITDA hit in case the custo...

Eni ( E +5.3% ) says it expects to cut planned 2020 capital spending by ~€2B ($2.17B), or 25%, in response to plunging commodity prices and the coronavirus emergency. More news on: Eni S.p.A., Energy stocks news, Stocks on the move, Read more ...

Eni ( E +6.8% ) to review its projects in the Middle East amid coronavirus pandemic and oil market conditions. More news on: Eni S.p.A., Energy stocks news, Read more ...

Eni ( E -7.2% ) says it is withdrawing its proposal to authorize a €400M ($442.6M) stock buyback in 2020 and will reconsidered only when the Brent crude price is at least equal to $60/bbl. More news on: Eni S.p.A., Energy stocks news, Stocks on the move, Read more ...

Introduction Following Saudi Arabia launching their oil price war earlier this month that sent oil prices plunging back into the $30 per barrel range, it should come as little surprise that Eni ( E ) has seen their share price plunge as well. It has now reached levels even below those of t...

By Kristina Hooper, Chief Global Market Strategist and Brian Levitt Global Market Strategist, North America Weekly Market Compass: Markets sell-off over continued coronavirus concerns and new pressure on oil pricing. Last Friday, Russia surprised markets by refusing the product...

BP ( BP +3.2% ), Royal Dutch Shell ( RDS.A +4.8% ), Equinor ( EQNR +1.9% ) and Eni ( E +5.9% ) are on the rebound today after suffering bigger stock market losses yesterday than Total ( TOT +4.3% ) and U.S. majors Exxon Mobil ( XOM +3% ) and Chevron ( CVX +5% ), as investors i...

This will be an extinction-level event for many players. For years, Peak Prosperity has been raising a loud warning of the 'Everything Bubble' that the world's central banks have blown in global asset prices. Over that time, we've debated with hundreds of economic experts on what will be...