Eni ADR Aktie News

The global liquefied natural gas (LNG) market is expected to stay finely balanced this year as thin supply buffers, low European inventories and recovering Asian demand leave little room for unexpected weather shocks, an Eni executive said.

Italian energy group Eni and Q8 Italy have agreed to jointly build and operate a new biorefinery at Priolo, in Sicily, a major step in the conversion of the site's former chemical facilities, the two companies said on Tuesday.

Environmental advocacy group Greenpeace has called on Winter Olympics organisers to end their partnership with Italian oil major Eni , warning that the group's fossil fuel operations undermine efforts to protect snow‑dependent sports as the climate warms.

Italy's Eni and Spain's Repsol are seeking repayment for gas they have been pumping into the country free of charge.

Oil executives and lawyers for international oil companies are lobbying the U.S. and Venezuelan governments for changes in the OPEC member's hydrocarbon law that would give them the right to freely export the oil they produce in Venezuela, sources involved in the talks said.

Venezuela has the largest reserve of crude oil in the world. With Nicolás Maduro no longer in charge, President Donald Trump wants U.S. oil companies to go into Venezuela and revitalize the struggling oil industry.

The CEOs ExxonMobil and ConocoPhillips told President Donald Trump that Venezuela will need big changes to attract investment. Exxon CEO Darren Woods said Venezuela is "uninvestable" in the country's current state.

Country is ‘uninvestable' today, president told, but CEOs signal they are ready to spend with support