E News and Press, ENI S.p.A. From 01/06/21

Eni (E) reportedly has put on hold the sale of Australian gas assets it values at ~A$1B (US$780M) after failing to attract satisfactory bids.The assets include the shallow-water Blacktip gas project, plus stakes in the depleting Bayu-Undan gas condensate field and the associated Darwin LNG pl...

The price of popular cryptocurrency bitcoin has more than tripled over the last three months. This has sparked a recent surge in the prices of other cryptocurrencies -- collectively known as alt-coins -- such as Ether, the native currency of the Ethereum blockchain. Ether is up over 50% jus...

Shares of Italian integrated energy major Eni (NYSE: E) fell a dramatic 33% in 2020, according to data from S&P Global Market Intelligence . That said, it was an eventful year, and the final result doesn't do justice to the full 12-month span that featured two dips that ...

Eni recently entered into a partnership for the development and deployment of renewable hydrogen. Renewable hydrogen could offer a better solution for energy storage than batteries. Eni is also very active in developing wind and solar projects around the world as it attempts to bu...

Italian energy companies Eni ([[E]] +3.4%) and Snam reach an agreement with state-backed lender Cassa Depositi e Prestiti to collaborate on a series of energy transition projects aimed at cutting carbon emissions.The three firms say they will team up to produce, transport and market green hyd...

Royal Dutch Shell ([[RDS.A]], [[RDS.B]]), Eni (E) and their partners in the Karachaganak oil and gas venture have paid $1.3B to settle a long-running dispute with Kazakhstan over revenue sharing, the country's energy ministry says.With the disagreement settled, the partners can press ahead wi...

Eni ([[E]] -0.9%) is looking to sell assets in Pakistan as part of moves to refocus its oil and gas portfolio following a strategic shift this year, Reuters reports.The company is said to be sounding out potential buyers for a series of oil and gas assets in the country and could have a deal ...

Oil demand has already outpaced oil supply in 3Q20; continued demand strength as economies reopen will result in inventory drawdowns to near pre-COVID levels. US shale producers no longer a 'swing' factor for next 1-2 years owing to sharp drop-off in drilling during the pandemic. This...

Eni ([[E]] +0.2%) signs an agreement with Algerian state energy company Sonatrach to boost their exploration and production partnership in the key Berkine Basin in the eastern part of the country.The memorandum of understanding "aims to draw a roadmap that defines the steps to be followed in ...

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...