As of 8:10 PM 07/7/15 All times are local (Market data is delayed by at least 15 minutes).
eni spa (EIPAF) Key Developments
Eni Appoints Alessandro Profumo as Director
Jul 30 15
The board of directors of Eni has co-opted Alessandro Profumo as Director replacing Luigi Zingales, who resigned on 2 July 2015. The Nomination Committee supported the Board in the evaluations. Alessandro Profumo is a non-executive, independent Director and now he is not a member of any internal committee.
Eni Proposes Interim Dividend
Jul 30 15
Eni proposed interim dividend of EUR 0.40 per share to the Board of Directors.
Eni Is Reported To Consider Selling Part Or All Of Its Onshore Nigerian Operations
Jul 23 15
Eni SpA (BIT:ENI) is considering selling part or all of its onshore Nigerian operations as it seeks to divest peripheral businesses amid a drop in oil prices, people familiar with the matter said. Eni has asked advisers to look at options for the assets, which include interests in oil and natural-gas fields in the West African country, the people said, asking not to be identified as the information is private. Depending on what Eni decides to sell, the transaction may raise from $2 billion to $5 billion, the people said. It could also decide to keep the operations, they said. A representative for the company declined to comment.
Eni Announces the Resignation of Luigi Zingales from the Board of Directors
Jul 7 15
Eni announced that Professor Luigi Zingales has resigned from the company's Board of Directors.
Eni Reaches LNG Deal in Indonesia
Jun 30 15
Eni announced it signed a groundbreaking deal to sell liquefied natural gas from a deepwater Indonesian field. Eni and its partners at Engie, formerly GDF Suez, and its Indonesian partners signed a deal to purchase and sell as much as 1.4 million tons of LNG per year from the Jangkrik complex starting in 2017. An October report on Southeast Asia from the International Energy Agency said the region's energy demand is expected to soar by more than 80% through 2035. IEA says the region will need around $1.7 trillion of investment in energy infrastructure in the period to 2035. Eni said field development included pipeline development and offshore production terminals. Production is expected to begin at the Jangkrik development by 2017.
Sponsored Financial Commentaries