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Eni

Eni Earnings Hit by Weaker Prices

Eni’s earnings fell in the fourth quarter, with operating profit down 23%, hit by lower oil and natural-gas prices. Eni’s earnings fell in the fourth quarter, with operating profit down 23%, hit by lower oil and natural-gas prices. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to…

Executive's Russian Ties Cause Stir at Italian Energy Company

The nomination of Paolo Scaroni, an energy-industry veteran and ally of former Italian prime minister Silvio Berlusconi, drew sharp criticism because of his history of close business dealings with Russia. The nomination of Paolo Scaroni, an energy-industry veteran and ally of former Italian prime minister Silvio Berlusconi, drew sharp criticism because of his history of close business dealings with Russia. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an…

CNBC Admits It Ran Oil-Happy Column With a Glaring Conflict of Interest

Sultan Ahmed al-Jaber speaks at the Atlantic Council’s Global Energy Forum last year.Photo: Ebrahim Noroozi (AP)The leader of one of Washington, DC’s most influential foreign policy think tanks got caught shilling for an oil CEO on a major news site—by a right-wing publication that runs hit pieces on renewable energy. This sounds like a Mad Lib, but it’s 2023, and anything is possible!On Saturday, CNBC posted an op-ed from Fred Kempe, the CEO of the Atlantic Council and a regular contributor to the site. Kempe has several

Italian prosecutors drop $1.3 billion appeal against Eni, Shell

Italian prosecutors on Tuesday dropped criminal proceedings over the controversial OPL 245 Malabu deal, clearing oil giants Eni and Shell. According to Reuters, Attorney General Celestina Gravina disclosed that the prosecution did not plan to pursue the case at the start of an appeal hearing into the long-running case. With the Appeal Court formally taking note of the decision Tuesday, the criminal case will be closed and the acquittal of all defendants will be concluded. But there is a separate appeal…