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Italian energy company Eni said the sale of its share of assets in Mozambique was a bright spot in an otherwise disappointing quarter.
Italian energy company Eni is keen to ensure the safety of a natural gas pipeline, which crosses Tunisia, Chief Executive Officer Paolo Scaroni said.
Eni SpA has assured the Indonesian government it is in the country to stay.
Libya maintains strong support from Italian energy company Eni as a source of stable and secure natural gas supplies, the company said.
Italian energy company Eni said Thursday it signed an agreement with Petrovietnam to evaluate the potential for unconventional hydrocarbons in Vietnam.
A discovery off the coast of Mozambique confirms the area may hold as much as 75 trillion cubic feet of natural gas, Italian energy company Eni said.
Italian energy company Eni acknowledged Chief Executive Officer Paolo Scaroni was the target of a judicial investigation regarding its contracts in Algeria.
Italian energy company Eni announced it signed a memorandum of understanding to explore potential business opportunities with state-owned PetroVietnam.
An editorial from Bloomberg News states that Libya may eventually fail as a petro-state unless it does more to address ongoing security and political woes.
North African states are driving to open their energy sectors to foreign investment and boost oil and natural gas production.
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United Press International
United Press International