Keyword: Eni

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Statoil Plans East Africa LNG Plant After Tanzania Gas Find

19.03.2013 - Statoil and Britain's BG Group plan to build a $10 billion East African liquefied natural gas (LNG) terminal well placed for exports to Asia, after the Norwegian company made a new...

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U.S. Shale May Force More European Refinery Closures

21.02.2013 - Europe's hard-pressed refining industry faces more closures as its competition in the United States enjoys the double bonus of growing domestic shale oil supply and cheaper...

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Vitol's Dominance Grows in Cash European Oil Markets

19.02.2013 - Top oil trader Vitol is increasingly dominant in European oil markets, taking a stranglehold on Urals crude to the Mediterranean and the naphtha and gas oil markets that rival...

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Rosneft in Talks to Increase Oil Supply to China

18.02.2013 - Russia's top crude producer Rosneft said its chief executive had started talks in China over the possibility of increasing oil supplies to the world's largest energy consumer. The...

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Eni Says CEO Under Investigation in Saipem Contracts Probe

07.02.2013 - Milan prosecutors have put Paolo Scaroni, head of Italy's Eni, under investigation in a probe into alleged bribes by Saipem, in which Eni is the largest investor, to win contracts...

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Rosneft 2012 Net Profit Up 7% While Cash Flow Halved

01.02.2013 - Rosneft came in slightly below forecasts with a 7% rise in 2012 net profit on Friday while free cash flow halved ahead of its $55 billion takeover of TNK-BP, sending shares in...

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Majors Court Kingpin Eni on Mozambique Gas Bonanza

11.12.2012 - A year after Eni announced the largest discovery in its exploration history, a giant gas find in Mozambique, rival oil companies are falling over each other to get a piece of the...

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European Energy Firms Back Gazprom at Pipeline Ceremony

07.12.2012 - European energy executives lined up with Russian President Vladimir Putin to witness the first weld on the South Stream pipeline on Friday in a show of support for a project that...