Eni (E) Raises Resource Estimates at Angola's Ndungu Field

03:34pm, Friday, 01'st Apr 2022 Zacks Investment Research
Eni (E) performs an intensive data collection to evaluate the maximum potential of the Ndungu-2 appraisal well.
Eni (E) performs an intensive data collection to evaluate the maximum potential of the Ndungu-2 appraisal well.

The Zacks Analyst Blog Highlights BP, Eni, Targa Resources and Baker Hughes

10:56am, Thursday, 31'st Mar 2022 Zacks Investment Research
BP, Eni, Targa Resources and Baker Hughes have been included in this Analyst Blog.

Oil & Gas Stock Roundup: BP's EV Investment & Eni's Discovery Take Center Stage

12:21pm, Wednesday, 30'th Mar 2022 Zacks Investment Research
Apart from BP plc (BP) and Eni (E), there was news regarding Targa Resources (TRGP) and Baker Hughes (BKR) during the week.
Claudio Descalzi of Eni discusses the energy crisis and says it's "crazy to think there is something to replace everything."
Upgrades For E2open Parent Holdings Inc (NYSE:ETWO), Colliers Securities upgraded the previous rating of Neutral to Buy. At the moment, the stock has a 52-week-high of $14.58 and a 52-week-low of $7.6

Eni (E) Makes Major Onshore Oil & Gas Discovery in Algeria

01:26pm, Wednesday, 23'rd Mar 2022 Zacks Investment Research
The latest discovery will back Eni's (E) near-field and infrastructure-led exploration strategy, enabling a rapid valuation of the new resources.

Oil & Gas Stock Roundup: Oilfield Service Giants Decide to Move From Russia

12:08pm, Wednesday, 23'rd Mar 2022 Zacks Investment Research
Apart from Russia-related updates from Halliburton (HAL), Schlumberger (SLB) and Core Laboratories (CLB), there was news regarding The Williams Companies (WMB) and Eni (E) during the week.
The latest discovery will back Eni's (E) near-field and infrastructure-led exploration strategy, enabling a rapid valuation of the new resources.
Upgrades According to B. Riley Securities, the prior rating for BRT Apartments Corp (NYSE:BRT) was changed from Neutral to Buy. BRT Apartments earned $0.41 in the fourth quarter, compared to $0.33 in

Eni (E) Decides to Divest 49% Stake in Power Generation Unit

03:33pm, Wednesday, 16'th Mar 2022 Zacks Investment Research
The latest divestment decision primarily reflects Eni's (E) strong focus on allocating capital toward cleaner energy.
The latest divestment decision primarily reflects Eni's (E) strong focus on allocating capital toward cleaner energy.

Shell stopped from selling its assets due to alleged oil spill

06:32am, Wednesday, 16'th Mar 2022 BusinessDay
Shell Plc has been stopped from selling any of its assets in Nigeria by a Nigerian court of appeal in Owerri until a decision has been made on its almost $2 billion penalty appeal for an alleged oil spill. This follows the declaration of force majeure on Bonny Light crude oil exports on Monday by Shell Petroleum Development Company of Nigeria (SPDC), a local subsidiary of Shell Plc. The energy firm said the force majeure is effective March 3, due to a slump in flows to the export terminal. A panel of three judges said Shell, acting through its agents or subsidiaries, was restrained from “selling, allocating, vandalising or disposing off any of its assets/properties” pending the determination of the appeal. A report by Reuters, quoting a copy of a court ruling issued on March 11, shows that Shell was ordered to deposit the money in an account controlled by the court within two working days. The energy firm’s appeal hearing is set to begin on May 5. Read also: Over 170k daily oil capacity shut in as Shell, Eni SpA declare force majeure A spokesperson for Shell’s Nigeria unit said the company would immediately appeal the decision, Reuters reported. “We are disappointed at this outcome.

Nigeria’s 2022 Budget Deficit May Hit N10trn As Oil Export Drops

02:10am, Wednesday, 16'th Mar 2022 LEADERSHIP Newspaper
With a sharp decline in Nigeria’s oil export opportunities, there are indications that the country’s 2022 budget deficit might go up to about N10 trillion while petrol subsidy is likely to rise to N4 trillion. This follows declaration of force majeure by Shell Plc and Eni SpA on key oil flows which is seen as […]

Eni sells 49% of power generation unit to Sixth Street

04:49pm, Tuesday, 15'th Mar 2022 Seeking Alpha
Eni <> has agreed to sell a 49% stake in its Enipower power generation unit to U.S
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