E News and Press, ENI S.p.A. From 10/28/20

Eni ([[E]] -3.5%) says its balance sheet remains strong, though it reported Q3 net loss of €0.15B, a turnaround from profit of €776M, as the coronavirus crisis took its toll.Production fell 10% to 1.7 million barrels of oil equivalent per day but it confirmed its full year ...

ENI (E): Q3 Non-GAAP EPS of -€0.04; GAAP EPS of -€0.14.Revenue of €10.52B (-38.0% Y/Y)Press Release For further details see: ENI reports Q3 results

[[BP]] says it is partnering with Eni (E), Equinor (EQNR), National Grid (NGG), Royal Dutch Shell ([[RDS.A]], [[RDS.B]]) and Total (TOT) to develop carbon dioxide transport and storage infrastructure in the U.K. North Sea.The partnership has submitted a bid for government funding to develop a...

Palm Beach, FL – October 22, 2020 – The demand for water and wastewater treatment equipment is growing significantly, over the years. Various industries such as food & beverages, chemicals, pharmaceuticals, pulp & paper, power, metal & mining, semiconductors, texti...

Nigeria's government says it has reimbursed $3B to oil companies including Exxon Mobil (XOM) and Royal Dutch Shell ([[RDS.A]], [[RDS.B]]), moving closer to clearing operating expense arrears owed since 2010.The payments are being settled through a five-year crude oil sales deal agreed in 2016...

Italy is a market I would love to be bullish on, but the index is weighed down by capital-heavy, low-returning industries that could be considered value traps. The iShares MSCI Italy ETF underperformed short-term treasuries since its 1996 launch, and delivered a negative total return ...

Eni ([[E]] -0.1%) would be moving ahead with a gas project in Sharjah, UAE despite COVID-19 and Eni's capital expenditures and cost cuts, the CEO of state-owned Sharjah National Oil ((SNOC)), told S&P Global Platts.Eni partnered with SNOC in Block B in Sharjah, where it discovered the Mah...

Production is dominated by major international companies, particularly, and maybe surprisingly, European ones. Principally Shell and BP, but with Equinor, Eni, Total and Repsol also active and many are (or were) seemingly wanting to expand in the area. The recent growth in product...

Equinor (EQNR) and its partners in Norway's Breidablikk oil discovery in the North Sea, including ConocoPhillips (COP) and Eni's (E) Vaar Energi unit, say they have agreed on an NOK18.6B ($1.95B) development plan for the field.Equinor estimates the field contains 200M barrels of oil, with pro...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Nikola in the spotlight after founder resignsNikola (NKLA) shares tumbled 30% in premarket trade after founder Trevor Milton stepped down as executive chai...