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Integrated Oil & Gas

Eni says 60 pct of disposal target will be in 2017-2018

Italian oil and gas group Eni Chief Financial Officer Massimo Mondazzi tells an analyst call: 60 percent of the 5-7 billion euro disposal target will be in 2017-2018 . there will be a transaction in the weeks to come . sale of gas & power business and Saipem stake not included in disposal targets...

Wednesday, 1 Mar 2017 07:00am EST

Eni CEO says "not far" from deal on selling stake in Mozambique field

Eni CEO tells analyst call: "Not far" from deal on selling stake in Mozambique field . IN a position to double its gas production in Libya Further company coverage: [ENI.MI] (Reporting by Milan Newsroom).

Wednesday, 1 Mar 2017 06:44am EST

Eni sees average output growth of 3 pct a year in 2017-2020

Italian oil and gas group Eni says: Sees oil and gas production growing an average of 3 percent per year in period 2017-2020 . Sees reduction in upstream investments of 13 percent versus previous plan . Sets 2017 dividend of 0.8 euros per share . Expects free cash flow of more than 20 billion euros...

Wednesday, 1 Mar 2017 05:34am EST

Eni shares up 1.7 percent after Q4 results

Eni: shares up 1.7 percent after the group swings back to a profit in the fourth-quarter and beats market expectations. [nL5N1GE13D] Further company coverage: [ENI.MI] (Reporting by Milan newsroom).

Wednesday, 1 Mar 2017 03:11am EST

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