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E News and Press, ENI S.p.A. From 12/04/20

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Company Name: ENI S.p.A.
Stock Symbol: E
Market: NYSE
Website: eni.com

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E - Eni buys stake in world's largest offshore wind farm from Equinor, SSE

Eni (E) agrees to buy a 20% stake in the Dogger Bank Wind Farm project from Equinor (EQNR) and SSE (SSEZY) for a combined £405M ($545M).The project off the U.K. northeast coast is expected to become the world's largest offshore wind farm, helping the companies to achieve their climate ta...

E - Equinor shuts Europe's largest methanol plant after fire

Equinor ([[EQNR]] +3%) says a fire has caused it to evacuate employees and shut down the Tjeldbergodden industrial facility in Norway, which includes Europe's largest methanol plant, a gas processing terminal and an air separation plant.The methanol plant, which is owned by Equinor and Conoco...

E - Eni, Falck to buy Virginia solar project

Eni ([[E]] +0.1%) says its Eni New Energy US subsidiary and Falck Renewables (FKRNF) agree to acquire a solar project in Virginia from renewable energy company Savion for an unspecified sum.The companies will take over the 30 MW Westmoreland Solar Project through their Novis Renewables Holdin...

E - Eni, HitecVision form JV for Norway renewable energy projects

Eni (E) says it has formed a joint venture with Norwegian P-E firm HitecVision to develop renewable energy in the Nordic region.The JV, which will be 69.6% owned by Eni, aims have installed electricity capacity of 1 GW towards 2030, initially targeting offshore wind in an upcoming tender in N...

E - Exxon Vs. Green New Deal: Buy Exxon If You Have A 5, 10 Or Even 20-Year Plan

The future is bright for financially stable oil companies like Exxon. The ESG phenomena further reduces competition. BP's own research shows oil will be a huge part of energy delivery for at least the next 20 years. ICE (Internal Combustion Engine) vehicles will also grow thro...

E - Eni: Solid Free Cash Flow Despite Weak Energy Prices

Eni delivered weaker financial performance than it did last year, which was not surprising. The lower oil prices dragged down its revenues but so did the lower production. The company's production fell due to the mandatory OPEC+ cuts, which is unfortunately a disadvantage of havin...

E - Eni S.p.A (E) Q3 2020 Earnings Call Transcript

Image source: The Motley Fool. Eni S.p.A (NYSE: E) Q3 2020 Earnings Call Oct 28, 2020 , 10:00 a.m. ET Operator Continue reading For further details see: Eni S.p.A (E) Q3 2020 Earnings Call Transcript

E - Eni S.p.A.'s (E) on Q3 2020 Results - Earnings Call Transcript

Eni S.p.A. (E) Q3 2020 Earnings Conference Call October 28, 2020, 10:00 AM ET Company Participants Francesco Gattei - CFO Alessandro Puliti - COO, Natural Resources Giuseppe Ricci - Deputy of COO, Energy Evolution Cristian Signoretto - Deputy of COO, Natural Resources Massimo Mondazzi - COO E...

E - Eni S.p.A. 2020 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Eni S.p.A. in conjunction with their 2020 Q3 earnings call. For further details see: Eni S.p.A. 2020 Q3 - Results - Earnings Call Presentation

E - Eni reports quarterly loss, sees binding bids for Australian gas assets by next month

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 ...

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