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  • Eni's net profit up 43% to €247M in Q4
    Eni S.p.A. announced on Thursday that its net profit in the fourth quarter of fiscal 2024 rose by 43% year-on-year to reach €247 million.The Italian energy company's sales from operations in the reported quarter dropped by 4.6% from the same quarter in the previous year to €23.5 billion, while its...
  • Eni concludes hybrid bond buyback at 83% uptake
    Eni SpA announced on Wednesday that it had successfully concluded its tender offer to repurchase €1.5 billion hybrid bond, originally due in October 2025.According to the statement, the offer, from January 14 to January 21, achieved an acceptance rate of 83%, with €1.215 billion repurchased. The...
  • Eni's fuel depot blast death toll allegedly rises to 5
    Five people have lost their lives after a fuel depot owned by Italian energy company Eni S.p.A. exploded yesterday, the Ansa news agency reported on Tuesday citing sources.According to the sources, the last body of a person unaccounted for was found. The local health authorities in Calenzano...
  • At least 2 dead in Eni's fuel depot blast in Italy
    At least two people were killed and nine were injured in an explosion at a fuel depot in Calenzano, Italy. In addition, four people were reported missing as the emergency services worked to contain the incident. The facility is owned by the Italian energy company Eni S.p.A.The Ansa news agency...
  • Eni's Q3 adjusted net profit slumps 30% to €1.3B
    Eni S.p.A. revealed on Friday that its adjusted net profit amounted to €1.3 billion in the third quarter of fiscal 2024, falling by 30% year-over-year.The Italian energy company's net profit fell from €1.9 billion to €522 million in the third three-month period with its net profit per diluted share declining...
  • Eni merges UK upstream assets with Ithaca Energy
    Eni S.p.A. announced on Thursday that it completed the combination of "substantially all of its upstream assets in the UK," excluding East Irish Sea assets and CCUS activities, with Ithaca Energy plc.Following the combination, which ha been approved by antitrust regulators, Eni will hold a 38.7%...
  • Eni's Indonesia hub to produce 2 bcf/d of gas
    Italian energy company Eni S.p.A. announced on Friday that it signed a deal with the Indonesian government for the development of two natural gas fields in the East Kalimantan region. Eni plans to produce around 2 bcf/d of gas and 80,000 bopd of condensates for domestic and international...
  • Eni's Q2 sales up by 11% to €21.71 billion
    Eni S.p.A. announced on Friday its sales from operations in the second quarter of the fiscal year 2024 saw an annual rise of 11% to reach €21.71 billion.The company's net profit more than doubled compared to the same period in 2023 to hit €695 million. On the other hand, its operating profit...
  • Eni's Q1 net profit down 46% to €1.6B
    Eni S.p.A. stated on Wednesday that its net profit for the first quarter of fiscal 2024 went down by 46% to €1.58 billion year-on-year.The Italian oil and gas producer said that for the same three-month period, its net profit per diluted share decreased from €0.86% in 2023 to €0.48 in 2024. Net profit...
  • Eni's Q4 adjusted operating profit falls 23% to €2.77B
    Eni S.p.A. revealed on Friday that its adjusted operating profit in the fourth quarter of its fiscal 2023 declined 23% year over year, to stand at €2.77 billion. The Italian energy company's net profit fell 76% from €627 million to €149 million in the fourth three-month period with its net profit per diluted...
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