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2015-02-21 21:55:00

ENI WOULD CUT INVESTMENT 14%

ENI WOULD CUT INVESTMENT 14%

Italy's Eni raised its dividend on Wednesday despite a slump in fourth-quarter profits and like its rivals pledged to cut investment this year in the face of lower oil prices.

Eni posted a 64 percent drop in fourth quarter adjusted net profit and said it would cut investment in 2015 by about 14 percent, mainly at its exploration and production business.

Oil companies across the globe have announced spending cuts and asset sales worth billions of dollars to strengthen their balance sheets and offset falling crude prices.

Larger energy firms such…

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Tags: ENI, OIL, PRICES,

Chronicle:

ENI WOULD CUT INVESTMENT 14%
2019, April, 17, 11:20:00

U.S. PRODUCTION: OIL + 80 TBD, GAS + 907 MCFD

U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 80,000 b/d month-over-month in April from 8,380 to 8,460 thousand barrels/day , gas production to increase 907 million cubic feet/day from 78,930 to 79,837 million cubic feet/day .

ENI WOULD CUT INVESTMENT 14%
2019, April, 17, 11:15:00

EUROPE'S GAS PIPELINES RULES

The rules governing the EU's internal gas market will in future also apply to pipelines to and from third countries. The Council today formally adopted an amendment to the so-called gas directive which aims at closing a legal gap in the EU's regulatory framework and boosting competition in the gas market. This is the final step in the legislative process.

ENI WOULD CUT INVESTMENT 14%
2019, April, 17, 11:10:00

RUSSIA'S ARCTIC ENERGY

Russian energy major Gazprom Neft expects the Arctic to account for more than half its oil and gas production by 2020,

ENI WOULD CUT INVESTMENT 14%
2019, April, 17, 11:05:00

ЯДЕРНЫЕ ТЕХНОЛОГИИ ДЛЯ ЛУЧШЕЙ ЖИЗНИ

А.Е. Лихачёв напомнил, что нынешний форум проходит под девизом «Ядерные технологии для лучшей жизни». Нет такой сферы человеческой деятельности, где так или иначе не присутствовали бы достижения атомной отрасли. «Мирный атом связан и со всеми задачами и целями устойчивого развития, обозначенными ООН. На нынешнем форуме мы обсудим новейшие технологии, которые будут лежать в основе будущего нашей планеты», - подчеркнул А.Е. Лихачёв.

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