Latest news
Japan's Marubeni might construct coal power plant in Egypt
Japan's Marubeni Corp and Egypt's El Sewedy Electric have settled with Egypt's state-run power utility to conduct a feasibility study into the building of a coal-fired electricity plant in Egypt.
read more... 03/03/2016
Eni cuts investment after substantial fourth-quarter loss
Italian oil producer Eni declared it will slash investments by 20 percent this year and accelerate lower-cost projects after impairments because of weak oil prices resulted in a substantial fourth-quarter loss.
read more... 29/02/2016
Italy’s Eni to spend $4 bln on first phase of Zohr gas field in Egypt
Italian energy major Eni has invested $4 billion in the development of the first phase of Egypt's giant offshore Mediterranean gas field, Zohr, comprising the drilling of four wells, according to an Egyptian official.
read more... 16/02/2016
Eni, Exxon, Statoil obtain Irish offshore oil and gas authorizations
The Irish government declared on Thursday it had granted oil and gas licenses to firms including oil majors Eni, Exxon and Statoil, permitting them to explore for hydrocarbons off the coast of Ireland.
read more... 12/02/2016
Montenegro grants oil concessions to Eni and Novatek for 30 years
The Montenegrin government offered concessions for oil and gas exploration for a period of 30 years in the Adriatic sea to a conglomerate of Italy's Eni and Russian No. 2 gas company Novatek, an economy ministry representative declared on Thursday.
read more... 05/02/2016