|Bid||14.81 x 242500|
|Ask||14.88 x 100000|
|Day's Range||14.80 - 14.93|
|52 Week Range||12.94 - 15.69|
|PE Ratio (TTM)||31.96|
|Forward Dividend & Yield||0.95 (6.17%)|
|1y Target Est||N/A|
Sporadic attacks by gunmen in northern Mozambique will probably continue although they’re unlikely to hurt investment in the region’s sizable gas resources, Control Risks Ltd. said, after seven people ...
Norway has awarded a record 75 offshore oil exploration licences, to Statoil (STL.OL), Aker BP (AKERBP.OL) Shell (RDSa.L), Total (TOTF.PA) and ConocoPhillips (COP.N) among others, the energy ministry said on Tuesday. The licenses comprised 45 in the North Sea, 22 in the Norwegian Sea and eight in the Barents Sea and were awarded in a so-called annual predefined areas (APA) licensing round, introduced by Norway in 2003 to encourage exploration and development of discoveries near existing infrastructure.
(Adds context) BAGHDAD, Jan 10 (Reuters) - Iraq will ask foreign oil companies operating in the country to build housing for Iraqis employed on their projects, the oil ministry in Baghdad said in a statement ...
Moldovan businessman Anatolie Stati will ask bailiffs to sell a $5.2 billion stake in the Kashagan oil field owned by a Kazakh sovereign wealth fund if Astana refuses to pay a $500 million arbitration award, Stati's spokeswoman said on Tuesday. Asked if the stake in the giant oil field - now frozen by a Dutch court - could be foreclosed, Stati's spokeswoman said: "This is the expected course of action. Samruk-Kazyna, the sovereign wealth fund which holds half of Kazakhstan's 16.88 percent Kashagan stake through a Dutch company, said it was making "all necessary arrangements to protect its interest in accordance with the applicable procedure and will continue to vigorously defend its rights".
Investors are gaining confidence - up to a point - that 2018 will be the year of oil stocks. While shares in top energy companies have risen since mid-2017, they have failed to keep step with recovering crude markets, opening up a historically unusual performance gap. "2017 was a challenging year for investors but there are now real opportunities in the energy sector," said Olivia Markham, portfolio manager at BlackRock Commodities Income Investment Trust.
Despite the strongest start for oil prices in four years, the world's top oil companies are hesitating to accelerate the search for new resources as a determination to retain capital discipline trumps the hope of making bonanza discoveries. Exxon Mobil (XOM.N), Royal Dutch Shell (RDSa.L), Total (TOTF.PA) and their peers are set to cut spending on oil and gas exploration for a fifth year in a row in 2018, according to consultancy Wood Mackenzie (WoodMac), despite a growing urgency to replenish reserves after years of reining back investment.
Italian gas grid company Snam (SRG.MI) has launched a 33 million euro (£29.35 million) tender to convert its car fleet to natural gas in a sign of its commitment to develop gas fuelling stations in the country. The move comes as utilities across Europe race to embrace the fast-growing business of rolling out charging stations to meet carmaker pledges to move fleets to electric drives. Snam, controlled by state lender CDP, said in a tender it had set a Feb. 16 deadline for bids from European companies to convert its 1,500 vehicle fleet to natural gas.
Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Eni SpA. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bearish 50 ... Read more (Read more...)
Egypt is set to inaugurate a new wharf for natural gas and petroleum product tankers on the Gulf of Suez in the coming days, another step in its plan to become a regional energy hub. The new 2.5 km wharf is being built by SUMED, which for decades has operated two pipelines from the Red Sea to the Mediterranean. The wharf will have three berths to receive natural gas and petroleum products carriers.
"What the internet did for communications, blockchain will do for trusted transactions, and the energy and utilities industry is no exception," said Stephen Callahan, Vice President, Energy, Environment & Utilities, Global Strategy, at IBM. The trend illustrates how blockchain is swiftly moving beyond financial services and cryptocurrencies, and offers a glimpse of a growing challenge to the $2 trillion energy market. Blockchain is a database of transactions distributed among multiple computers.
Efforts to find new oil off Norway are expected to double next year, preliminary company plans show, with activity rising in more mature areas after this year's disappointing Arctic campaign. The pressure to deliver is growing as this year's poor exploration results were partly to blame for a drop in interest in Norway's latest licensing round. Around 45-50 exploration wells, including wells to delineate previously made discoveries, could be drilled next year on the Norwegian Continental Shelf (NCS), up from around 26 wells this year.
"What the internet did for communications, blockchain will do for trusted transactions, and the energy and utilities industry is no exception," said Stephen Callahan, Vice President, Energy, Environment & Utilities, Global Strategy, at IBM. The trend illustrates how blockchain is swiftly moving beyond financial services and cryptocurrencies, and offers a glimpse of a growing challenge to the $2 trillion energy market.
The fact even senior managers privately described the plan as “Mission Impossible” showed the scale of the task: Italian energy giant Eni SpA wanted to produce gas from the Zohr field little more than ...
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Penske Media Corporation has acquired a controlling ...
Royal Dutch Shell PLC, the chief executive of state-backed Italian energy company Eni SpA and other industry executives must stand trial on corruption charges connected to a 2011 Nigerian oil deal, an ...
Royal Dutch Shell (RDSa.L) and Eni (ENI.MI) have been ordered to stand trial over alleged corruption in Nigeria with the Italian major's chief executive among those indicted. A Milan judge ruled on Wednesday the two companies along with a series of present and past executives would have to face a trial which legal sources said is due to start on March 5. The case involves the 2011 purchase by Eni and Shell of Nigeria's OPL-245 offshore oilfield - one of Africa's most valuable oil blocks - for about $1.3 billion (£969.73 million).
Eni SpA, Royal Dutch Shell Plc and senior executives from both oil companies will face trial over a $1.1 billion bribery scandal in Nigeria, an Italian judge ruled on Wednesday.
Egypt has been hit by energy shortages and power blackouts that have plunged homes and businesses into darkness. Now that could be something of the past.
Eni (E) to sell stake in Tigaz Zrt to MET Holding AG. The move reflects the company's disposals and asset rationalization plan.
The oil rig was built mostly in China and drilled its first well in Cuba. Now it’s delivering a victory for Russia in its fight against U.S. sanctions.
The Lebanese government awards two blocks during the first offshore bidding round for the exploration of oil and natural gas resources in the Eastern Mediterranean.