US to ease Venezuela oil restrictions
Italy’s Eni and Spain’s Repsol will get the green light to start shipping Venezuelan crude to Europe from next month
Eni
Italy’s Eni ready to pay for Russian gas in rubles - report
Italian energy giant Eni SpA is poised to comply with Russian demands and open a bank account in rubles, after the European Union softened its stance in a standoff with the Kremlin over crucial gas supplies. According to people familiar …
Kazakhstan does not want to reduce oil production
Energy Minister says Kashagan would produce some 200,000 bpd in H2 2018, and then possibly 300,000 bpd by year-end. “Today, our daily production rate is 1.8 million barrels…we are not …
Iran qualifies foreign companies for oil and gas tenders
Iran has qualified 29 international companies to bid in tenders for oil and natural gas development projects as the company seeks foreign investment to revitalize its industry following the end of international sanctions. The …
Rosneft to buy Eni stake in Egypt's Zohr gas field
Italy’s Eni has agreed to sell the Russian state-run company Rosneft up to a 35% stake in an oil concession in Egypt that contains the giant Zohr field, the biggest gas discovery in the Mediterranean Sea. Rosneft will pay US$1.125 …
Eni to Restart Work in Iran After Debt Repaid
Italian oil major Eni will start working again in Iran when it has been repaid investments previously made and when it understands the type of contracts Tehran will be offering, CEO Claudio Descalzi said on Thursday. "We are still …
Iran and Eni negotiating condensate refinery project
Iran is negotiating with Italian energy firm Eni for investment in the Shiraz Pars Refinery project, the Iranian deputy oil minister, Abbas Kazemi, said. Talks are underway with the Italian firm for cooperation …
Lukoil to develop Iranian oil fields
The Iranian Oil Minister, Bijan Namdar Zanganeh, said today that his government plans to come to an agreement to develop oil and gas fields along with the Russian company Lukoil on the territory of the Islamic Republic. According …
D-Day for Iran
December 17th could be a turning point in the modern history of Iran and the entire region of the Greater Caucasus and the Middle East
Mediterranean's largest gas field found off Egyptian coast
The Italian oil company ‘Eni’ has announced the discovery of the largest natural gas field in the Mediterranean Sea off the Egyptian coast. In a statement posted on its website, the incident is described as a …