Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Eni, the Italian state-backed energy company, is increasing its share buyback program by 90% to EUR 2.8 billion (approximately $3.3 billion USD). This decision is fueled by stronger cash flow projecti
Eni's Q1 adjusted net profit fell short of analyst expectations at €1.3 billion due to refining and chemicals underperformance and downstream maintenance, despi
Eni has discovered approximately 5 trillion cubic feet (tcf) of gas in place with the Geliga-1 exploration well in the Ganal block, offshore Indonesia's Kutei B
Eni has announced a significant natural gas discovery in the Kutei Basin off the coast of Indonesia. This discovery highlights the potential of the region and c
Eni has announced a significant gas discovery offshore Indonesia, with preliminary estimates indicating substantial in-place resources. The discovery could bols