Italian Ministry to Sell 2.8% Stake in Eni
Italy's Ministry of Economy and Finance, or MEF, plans to sell 91,965,735 shares, representing a 2.8% stake, in oil company Eni (ENI.MI). The final terms of the stake sale will be announced after the
[Crude oil market closing] Inflation data strengthens expectations for the Fed to cut interest rates. The Canadian wildfires caused a supply crisis, and the rebound in oil prices responded
The market balance is bullish with the US economy and crude oil storage data and the International Energy Agency's forecast of a weak global economy, leading to an increase in oil demand. Meanwhile, a fire broke out in the major Canadian oil town, causing the market to worry about crude oil supply. Oil prices rose nearly 1% from a two-month low on the previous trading day.
Italy Government Starts Procedure to Sell 2.8% Stake in Eni
Italy's government launched Wednesday an accelerated bookbuilding procedure to sell a 2.8% stake in oil giant Eni (E). The government has tapped Goldman Sachs International, Jefferies and UBS Europe a
Street Color: Italian Government Reportedly Selling 2.8% Stake in Oil Giant Eni
(Street Color news is derived from real time discussions with market professionals globally subscribed to the Street Color Premium Chat service on Bloomberg IB Chat and the ICE IM. This information is
Italy To Sell About 92M Shares Of ENI For About €1.4 Billion
Italy To Sell About 92M Shares Of ENI For About €1.4 Billion
Express News | Italy will sell approximately 92 million shares of ENI Group's holdings.
6-K: Report of foreign private issuer (related to financial reporting)
Energy consulting firm Rystad Energy: Gasoline demand will reach a new high since 2019 this summer
Energy consulting firm Rystad Energy said that despite recent signs of market weakness, global demand for gasoline will remain strong this summer, and consumption is expected to reach the highest level before the pandemic.
The IEA lowered its 2024 oil demand growth forecast to only half of what OPEC expected!
The International Energy Agency (IEA) lowered its forecast for oil demand growth in 2024 on Wednesday (May 14), further widening the agency's differences of opinion with the Organization of Petroleum Exporting Countries OPEC (OPEC) on the outlook for global oil demand this year.
The IEA “sings the opposite” with most of its peers: global oil demand growth is expected to continue to weaken!
The Paris-based International Energy Agency (IEA) released its latest monthly crude oil market report on Wednesday. The agency said that due to the economic slowdown and mild European weather, the outlook for global oil demand growth continues to weaken this year.
Exxon Makes New Oil Discovery Offshore Angola - S&P Global
OPEC+ opens rip mode, and “old scars” are once again unraveled
OPEC+ reopens the dispute, and discussions about the oil production capacity of its products OPEC+ once again faced a difficult problem: how much oil can actually be absorbed by its products. This issue poses a risk to the organization's efforts to stabilize the world market.
Express News | OPEC maintains global oil demand forecast for this year and next
OPEC+ is arguing again! “Old scars” have been revealed again
On Tuesday, according to foreign media reports, OPEC+ reopened a heated debate on the ability of member states to produce oil, raising concerns about the further breakdown of unity in the alliance. The US and Burma have plummeted in the intraday market when they heard the news, and have now largely recovered all of the declines caused by the news.
Oil market alert! Demand for diesel is weak, and refineries cut production
The profit from diesel production at Asian refineries is close to the lowest level in a year. This has prompted refineries to reduce the amount of crude oil they process.
Eni Eyes New Oil and Gas Spinoffs in Energy Transition Strategy - Reuters
Sector Update: Energy Stocks Advance Premarket Monday
Energy stocks were advancing premarket Monday, with the Energy Select Sector SPDR Fund (XLE) 0.2% higher recently. The United States Oil Fund (USO) was 0.6% higher, and the United States Natural Gas F
Eni Monetizes Oil Past to Finance Clean Energy Future: Report
The Italian oil and gas company Eni S.p.A. (NYSE:E) reportedly plans to spin-off interest in high-potential oil and gas projects, including Indonesia and Ivory Coast.The company plans to finance its d
Market Chatter: Eni Mulls Oil, Gas Projects' Spin-off Amid Shift to Low-Carbon Initiatives
Eni (ENI.MI, ENI.BR) is reportedly considering spinning off stakes in high-potential oil and gas projects, including in Indonesia and Ivory Coast, Reuters reported Monday, citing company sources. The
Shale oil giants are accused of manipulating oil prices! The US energy industry faces a series of class-action lawsuits
① The US shale oil industry is currently facing a series of lawsuits, accusing some of the biggest companies in the industry of colluding to limit production and maliciously raising oil prices; ② According to reports, companies such as ExxonMobil, Occidental Petroleum, and Diamondback Energy have been named in at least 10 class action lawsuits.
No Data