Dangote, NNPC, Shell, others sign multi million dollar gas deal

11:30am, Thursday, 03'rd Mar 2022 Ripples Nigeria
The Nigerian National Petroleum Company (NNPC) Limited and it’s patners have reached an agreement with Dangote Fertilizer Company for the supply of 70 million standard cubic feet (scuf) of gas in a multi-million dollar deal NNPC partners on the deal include Shell Petroleum Development Company (SPDC), ENI, Gas Aggregation Company of Nigeria (GACN), Nigeria Agip […] The post Dangote, NNPC, Shell, others sign multi million dollar gas deal appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria .

NNPC, Dangote Fertiliser, Others Seal Gas Sale Pact

10:51am, Thursday, 03'rd Mar 2022 LEADERSHIP Newspaper
The Joint Venture, JV consisting of the Nigerian National Petroleum Company, (NNPC) Limited, Dangote Fertiliser Limited, Shell Petroleum Development Company (SPDC), ENI, Gas Aggregation Company of Nigeria (GACN), Nigeria Agip Oil Company and TotalEnergies, has signed a multi-million dollars deal to supply 70 million standard cubic feet (scuf) of gas to Dangote Fertilizer Company. The […]
The Nigerian National Petroleum Company, NNPC Limited, Shell, TotalEnergies and ENI, have signed a multi-million dollars deal to supply 70 million standard cubic feet (scuf) of gas to Dangote Fertilizer Company. The signing of the deal was done at the on-going Nigeria International Energy Summit (NIES) and attended by President of Dangote Group, Alhaji Aliko […] The post NNPC, Shell, TotalEnergies, Eni sign deal with Dangote Fertiliser to supply 70m scf of gas appeared first on Nigeriannewsdirectcom .
Sophie Lund-Yates, senior equity analyst at Hargreaves Lansdown, says the biggest fallout energy majors face from Russia's invasion of Ukraine is the spike in oil prices. She adds that their ongoing E
Futures Rebound On Hopes Of Resuming Ukraine Negotiations, Oil Soars To Decade High U.S. futures and European stocks rose on Wednesday after the Kremlin said Russia was ready to resume negotiations with Ukraine. Nasdaq 100 contracts were up 0.7% by 730 a.m. ET reversing earlier declines of as much as 0.8%. S&P 500 futures rose 0.5%, while Dow futures gained 0.7%. Oil soared with Brent trading above $111 as traders realized that Russian oil output will be substantially reduced despite sanction loopholes. The dollar rose and 10Y yields rose. Among notable premarket movers, Salesforce.com shares climbed as much as 3.9% after the enterprise software company forecast first-quarter revenue above estimates, while Nordstrom Inc. surged 34% as its sales and guidance for 2022 both topped expectations. SoFi Technologies Inc. also gained 21% on better-than-expected quarterly results. Hewlett Packard Enterprise climbed after raising its profit forecast. Bank shares also rose, putting them on track to rebound from their worst day since June 2020.

Western oil companies boycott Moscow, Russia bank files for bankruptcy

11:40am, Wednesday, 02'nd Mar 2022 Middle East Monitor
Italian oil giant Eni intends to sell its 50 per cent stake in the Blue Stream gas pipeline, which it controls equally with the Russian giant Gazprom, in the wake of Moscow''s invasion of Ukraine, a co…
MILAN (Reuters) – GreenIT, a renewable energy joint venture owned by energy group Eni and state lender CDP, has bought four onshore wind projects in Italy in its first investment since being set up.
Italy’s Eni SpA will end a decades-long pipeline joint venture with Gazprom PJSC, as the company joins other oil majors in moving to isolate Russia in response to its invasion of Ukraine.

Eni intends to withdraw from joint venture with Gazprom

05:57am, Wednesday, 02'nd Mar 2022 Report AZ
Italy''s Eni intends to pull out of a joint venture with Gazprom, which owns the Blue Stream gas pipeline from Russia to Turkey, Report informs via the Italian ANSA agency.
MILAN (Reuters) – Italian energy group Eni said it planned to sell its stake in the Blue Stream pipeline carrying Russian gas to Turkey that it co-owns with Russia’s Gazprom.

ENI S.p.A. – Consensus Indicates Potential 1.5% Upside

10:23am, Tuesday, 01'st Mar 2022 DirectorsTalk
ENI S.p.A. found using ticker (E) now have 2 analysts covering the stock. The analyst consensus points to a rating of ''Underperform''. The range between the high target price and low target price is between 33 and 30.39 with a mean TP of 31.7. With the stocks previous close at 31.24 this now indicates there is a potential upside of 1.5%. The 50 day moving average now sits at 29.39 and the 200 day moving average is 26.7. The company has a market capitalisation of $55,294m. Company Website: https://www.eni.com [stock_market_widget type="chart" template="basic" color="green" assets=E" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $56,108m based on the market concensus. Eni S.p.A. engages in the exploration, development, and production of crude oil and natural gas. It operates through Exploration & Production; Global Gas & LNG Portfolio; Refining & Marketing and Chemicals; Eni gas e luce, Power & Renewables; and Corporate and Other activities segments.
Reverse Convertibles mit tiefem Bezugspreis auf Idorsia, Lonza, Novartis, Roche / Nestlé, Roche, Swiss Life, Zurich Insurance / BMW, Mercedes-Benz Group, Volkswagen / E.ON, ENGIE, ENI, RWE / Alphabet, Amazon.com, Apple

New Fortress Energy wins deal for Eni''s Congo LNG project

07:57pm, Monday, 28'th Feb 2022 Seeking Alpha
New Fortress Energy <> has unveiled a Heads of Agreement with Eni (E) for the deployment of NFE''s Fast LNG liquefaction technology to produce up to 1.4M metric tons/year of…
Eni and the Ministry of Agriculture and Rural Development of the Republic of Mozambique (MADER) signed today an agreement for the cooperation and development of agricultural projects in Mozambique, aimed at producing oil seeds and vegetable oils to be used as agro-feedstock for the production of biofuels. Under the agreement, Eni and MADER will assess potential sites and the most appropriate crops for the production of oil seeds and vegetable oils, focusing on areas that would not compet… Read the full story at https://www.webwire.com/ViewPressRel.asp?aId=285883
Malta Guinness, Africa’s No. 1, non-alcoholic, adult premium malt drink, on Tuesday at the Marriott Hotel Ikeja, hosted popular content creators – Bukunmi AdeagaIlori, famously known as Kiekie and Adeoluwa Enioluwa, popularly known as Eni alongside couples, friends and lovers to a Malta Valentines Special dinner held to celebrate the love season. The guests, consisting […]
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