|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||37.57 - 37.86|
|52 Week Range||30.13 - 40.15|
|PE Ratio (TTM)||17.45|
|Forward Dividend & Yield||1.87 (4.86%)|
|1y Target Est||N/A|
AC Milan said on Saturday a former oil company boss had been put in charge of the top-ranked Italian soccer club while it searched for a new chief executive, after U.S. fund Elliott took control. AC Milan said Paolo Scaroni, the longtime CEO of Italian oil group Eni and now deputy chairman of investment bank Rothschild, had been named as executive chairman and would take on interim management of the club. CEO Marco Fassone, who was hired last year by the club's former Chinese owners, has stepped down with immediate effect.
Exxon Mobil will expand its Rovuma liquefied natural gas (LNG) project in Mozambique by half to cut production costs as the partners prepare to book the plant's supply and formally tap lenders in September, the company told Reuters. The U.S. oil giant took charge of the East African LNG project's onshore operations following a $2.8 billion deal with Italy's Eni last year, adding to its slate of planned gas projects in Qatar, Papua New Guinea, Russia and the United States. It now aims to build the world's biggest liquefaction units, or trains, outside Qatar, in Mozambique's remote north, shelving former operator Eni's more modest blueprint in pursuit of cost savings to boost returns on investment.
Libya’s state-run National Oil Corp. (NOI.YY) said Thursday that it will restore production on a Western oil field and has lifted force majeure, with the move coming one day after the reopening of key oil ports in the country’s east. Libya’s NOC said it will bring el-Feel’s production back to 50,000 barrels a day within two days, and to 72,000 barrels a day three days later, following successful negotiations with local security guards. Libya had been pumping over 1 million barrels a day prior to the disruptions.
ExxonMobil (XOM) to undertake construction and operation of natural gas liquefaction and associated facilities in the Rovuma LNG Project.
FINNMARK PLATEAU, Norway/OSLO, July 9 (Reuters) - When he's not out on the Arctic tundra with his 2,000 reindeer, his dog and Whitney Houston blasting through his headphones, Nils Mathis Sara is often busy explaining to people how a planned copper mine threatens his livelihood. Along with other Sami herders and fishermen, the 60-year-old is in a standoff with the mine owners, Norwegian officials and many townspeople that is, after six years, coming to a head. It is a litmus test for the Arctic, where climate change and technology are enabling mineral and energy extraction, shipping and tourism while threatening traditional ways of life and creating tensions among its four million inhabitants.
Mexico’s secretive oil hedge has earned the country and investment banks billions of U.S. dollars, but is the deal still on the table with the new administration?
Eni's (E) attempt to strengthen presence in the Norwegian waters will facilitate expansion of portfolio through future exploration bid rounds and M&A transactions.
Andrés Manuel López Obrador won a landslide victory on Sunday to become Mexico’s next president, leaving the oil and gas industry on edge due to his rhetoric during the campaign regarding the country’s energy reforms
Italian oil major Eni (ENI.MI) will make a binding commitment to becoming carbon neutral, its chief executive Claudio Descalzi said on Monday. Descalzi said Eni's "epochal" announcement on how it planned to reach its goal would be made by the end of the year, adding that no oil company as yet had laid out binding plans for a net zero carbon footprint. Eni was assessing the costs and expected to release targets in terms of timing and volumes before the end of the year, Descalzi said on the sidelines of a conference.
Italy's Eni (ENI.MI) increased its Norwegian presence with a view to extracting more offshore oil on Monday by merging its subsidiary there with privately-owned Point Resources, in the sector's latest round of consolidation. The new company, named Vaar Energi and led by Point Resources' Vice President Kristin F. Kragseth, will be one of the largest players on the Norwegian continental shelf with a portfolio of 17 producing oil and gas fields. Recent deals include Point Resources buying Exxon Mobil- (XOM.N) operated assets off Norway last year, and BP (BP.L) merging its Norwegian business with Norway's Det norske in an all-share deal in 2016, creating Aker BP (AKERBP.OL).
Italy's Eni increased its Norwegian presence with a view to extracting more offshore oil on Monday by merging its subsidiary there with privately-owned Point Resources, in the sector's latest round of consolidation. The new company, named Vaar Energi and led by Point Resources' Vice President Kristin F. Kragseth, will be one of the largest players on the Norwegian continental shelf with a portfolio of 17 producing oil and gas fields. Recent deals include Point Resources buying Exxon Mobil- operated assets off Norway last year, and BP merging its Norwegian business with Norway's Det norske in an all-share deal in 2016, creating Aker BP.
Canadian Solar (CSIQ) transforms an abandoned 27-hole golf course into a 56.3 MWp solar plant in Japan, which will provide emission less energy to thousands inhabiting the region.
Egypt’s gas discoveries such as Zohr and Noor could change the geopolitical balance in the region as direct cooperation with Israel and Cyprus is no longer a necessity
ExxonMobil (XOM) and co-venturers are in talks to bind sales and purchase agreements for the Rovuma LNG with some affiliated buyers of the Area 4.
Italian oil company Eni (ENI.MI) will begin drilling an exploratory well at its Noor field in Egypt's North Sinai in two months, Egyptian oil ministry spokesman Hamdi Abel Aziz told Reuters on Thursday. Egypt's cabinet approved the $105 million (80.32 million pounds) deal to explore the North Sinai region of the Mediterranean Sea in March. Eni's discovery of the giant Mediterranean gas field Zohr in 2015, estimated to hold about 30 trillion cubic feet of gas, has raised interest in gas exploration in Egypt.
Eni SpA (E) is the third-highest stock on our list of the top eight dividend-yielding integrated energy stocks. Eni has a current dividend yield of 5.3%. Three years ago, it made a dividend payment of $1.23 per share in the first half of 2015.