Eni ADR Aktie News

Eni has completed the sale of a 49.99% stake in its carbon capture and storage unit to BlackRock's infrastructure fund Global Infrastructure Partners, giving the two groups joint control of the business, it said on Thursday.

Italy's competition authority (AGCM) has closed an investigation into alleged unfair commercial practices concerning energy group Eni's unit Plenitude and will take no further action, the regulator said in a weekly bulletin on Monday.

Italy's Eni said on Tuesday it had made a significant gas discovery in an exploration well around 50 kilometres (31 miles) off the eastern coast of Indonesia's part of Borneo island.

The Konta-1 exploration well showed an estimated potential for a gas rate of up to 80 million standard cubic feet per day.

The low-carbon unit of Italian energy group Eni has agreed to buy some of the businesses of regional utility ACEA in a deal worth 587 million euros ($685 million), the two companies said on Wednesday.

Egyptian President Abdel Fattah el-Sisi met Eni CEO Claudio Descalzi to review the Italian group's investments in the African country and discuss new initiatives, the energy company said on Tuesday.

Argentina's state-controlled oil company YPF and Italy's Eni reached a framework agreement with the Abu Dhabi National Oil Company (ADNOC)'s XRG investment arm to join Argentina's liquefied natural gas (LNG) project, YPF said on Tuesday.

Pakistan has struck a deal to cancel 21 liquefied natural gas cargoes under its long-term contract with Italy's Eni as part of a plan to curb excess imports that have flooded its gas network, according to an official document and two sources.