Eni ADR Aktie News

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

Italy's antitrust authority said on Tuesday it had imposed fines exceeding 32 million euros ($37.18 million) on energy company Eni and its plastics unit Novamont for abuse of a dominant market position in the production of plastic bags.

Eni has reduced the presence of its personnel at the Zubair oil and gas field in Iraq as a precautionary move, a spokesman for the Italian energy group said on Monday.

Italy's Eni said on Monday it signed a deal with Ares Management Alternative Credit funds worth around 2 billion euros ($2.30 billion) for the sale of a 20% stake in its retail and renewable unit Plenitude.

Eni intends to set up a new company focused on several assets including oil refineries and fuels storage facilities in Italy, two unions said after a meeting with the state-controlled energy group earlier this week.

The CEO of Italian energy company Eni said on Wednesday oil markets are signalling that an escalation between Israel and Iran and the closure of the Strait of Hormuz is unlikely.

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Petronas' proposed joint venture with Italian energy group Eni on several upstream assets in Indonesia and Malaysia is expected to take one to two years to set up, said a Petronas executive on Tuesday at the Energy Asia conference.