Eni Posts Another Success In Mozambique
Thu, 17 May 2012 06:26:57 CDTViewed: 79 times.
Italian energy company Eni said it made a natural gas discovery in Mozambique that holds at least 7 trillion cubic feet of gas.
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Eni S.p.A.
Company Profile
Eni SpA, an integrated energy company, operates in the oil and gas, electricity generation, petrochemicals, oilfield services, and engineering industries. Its Exploration & Production segment involves in the oil and natural gas exploration, field development, and production, as well as liquefied natural gas (LNG) operations in 36 countries, including Italy, the United Kingdom, Norway, Libya, Egypt, Angola, Nigeria, Congo, the United States, Kazakhstan, Russia, and Australia. The company's Gas & Power segment supplies, transports, distributes, and markets natural gas. This segment also produces electricity and steam with a total installed capacity of approximately 4.9 gigawatts; and operates a re-gasification terminal, and high and medium pressure pipelines for natural gas transport in Italy. Its Refining & Marketing segment involves in refining and marketing of petroleum products. The company also produces petrochemical products, such as olefins and aromatics, basic intermediate products, polyethylene, polystyrenes, and elastomers, as well as has 102 retail fuel stations located in Czechia, Slovakia, and Hungary. In addition, it involve in the offshore construction, including fixed platform installation, subsea pipe laying, and floating production systems, and onshore construction, as well as provides offshore and onshore drilling services, and engineering and project management services to the oil and gas, refining, and petrochemical industries. The company was founded in 1953 and is headquartered in Rome, Italy.
Brussels Approves Western Oil Majors JV For Angola LNG
Wed, 16 May 2012 05:17:23 CDTViewed: 88 times.
BRUSSELS - The European Commission approved on Wednesday a proposal from Britain's BP, U.S. oil major Chevron, Italy's Eni and France's Total and Angola's Sonangol to take control of Angola LNG joint venture to develop liquefied natural gas projects. "Considering a modest market share to be held by the joint venture... the Commission has concluded that the operation does not raise competition concerns," the Commission said in a statement. The joint venture aims to produce LNG in Angola and supply it to world markets, it said.
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SWF Makes Ambitions Known In Europe
Tue, 15 May 2012 19:00:00 CDTViewed: 5 times.
BMI View: Royal Dutch Shell has confirmed that Qatar's sovereign wealth fund has acquired a stake in the company. This comes after Total recently announced that the Emirate had raised its participating stake in the company to 3% - and this could soon be followed by another investment in Eni. Beyond the financial rationale behind this buying spree, such investment is also indicative of the emirate's growing diplomatic
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Qatar Buys Stake In Shell
Sun, 13 May 2012 00:57:23 CDTViewed: 89 times.
Qatar Investment Authority (QIA) has acquired a major stake in Royal Dutch Shell, while also reportedly eyeing a stake of Italian oil major ENI, Reuters has reported. A spokeswoman for Shell confirmed the purchase, while declining to detail its size, but according to the Middle East Economic Survey (MEES), Qatar's sovereign wealth fund was looking at a 3-5% stake. "We are delighted to welcome the QIA as a long term and major shareholder in Shell, and particularly given our excellent strategic relationship with the Qatari state," the spokeswoman said.
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Qatar Ploughs Money Into Shell
Fri, 11 May 2012 17:26:31 CDTViewed: 91 times.
Gas-rich Qatar is ploughing more of its commodity wealth back into the sector with the purchase of a major stake in Royal Dutch Shell, while also reportedly eyeing a chunk of Italian oil major ENI.
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Ukraine Picks Shell, Chevron To Develop Shale Gas Fields
Fri, 11 May 2012 14:12:30 CDTViewed: 88 times.
KIEV - Ukraine has picked Royal Dutch Shell and Chevron Corp as partners in projects to explore and develop two potentially large shale gas fields, Prime Minister Mykola Azarov told the Euronews television channel on Friday. A government source had told Reuters this week Anglo-Dutch Shell and Chevron of the United States were set to outbid Italy's Eni, Exxon Mobil and Russia's TNK-BP
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Qatar Sovereign Fund On Buying Spree: Royal Dutch Shell, Xstrata, Eni, Total
Fri, 11 May 2012 09:00:41 CDTViewed: 122 times.
The Qatar Investment Authority (QIA) is on an investment spree, bulking up its holdings in several major companies including Royal Dutch Shell Plc (NYSE: RDS.A), Eni SpA (NYSE: E), and Xstrata PLC (London: XTA), and the sovereign fund has already taken a holding Total SA (NYSE: TOT) and is pursuing avenues to invest in Glencore International Plc (London: GLEN), sources reported Friday.
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Eni Accused Of Corruption In Kazakhstan
Fri, 11 May 2012 08:41:00 CDTViewed: 25 times.
A subsidiary of Italian energy company Eni is suspected of giving bribes to people close to the president of Kazakhstan, prosecutors said.
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Qatar Continues Spending Spree With "major" Stake In Shell
Fri, 11 May 2012 06:06:17 CDTViewed: 85 times.
Qatar has bought a "major" stake in Royal Dutch Shell as it continues its international corporate spending spree, amid reports it may also buy a stake in Eni and increase its holding in Xstrata.
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Qatar Buys "major" Stake In Oil Giant Shell
Fri, 11 May 2012 04:47:13 CDTViewed: 60 times.
LONDON - Qatar is continuing its overseas buying spree, snapping up a stake in Royal Dutch Shell and reportedly also eyeing a chunk of Italian oil major ENI . A Shell spokeswoman confirmed that Qatar had bought a stake but declined to say how large. The Middle East Economic Survey had reported earlier that Qatar's sovereign wealth fund was in "very advanced talks" to buy a 3-5 percent
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