Eni News

Eni CEO Forecasts Green Profits to Rival Oil and Gas by 2035, Surpass by 2040

Eni's CEO Claudio Descalzi projects that green business profits will match oil and gas by 2035 and exceed them by 2040, marking a significant shift towards renewable energy despite...

Eni Reports a 18% Drop in Q2 Net Profit Amid Challenging Economic Climate

Eni S.p.A. reports an 18% decline in Q2 net profit to €543M, with operating profits and sales also dropping. CEO Claudio Descalzi highlights the company's resilience and strategic ...

Eni Faces 11% Drop in Q1 Net Profit Amid Economic Uncertainty, Yet Shows Resilience

Eni S.p.A. announced an 11% decline in Q1 net profit to €1.41 billion, with sales up by 9% but total revenues and operating profit down. CEO Claudio Descalzi highlights strategic f...

Eni Achieves a Stunning 43% Surge in Q4 Net Profit to €247M

Eni S.p.A. announced a 43% increase in Q4 2024 net profit to €247M, despite a 4.6% drop in operational sales. The company's total revenues rose by 4% to €24B, but it faced an opera...

Eni Reports a Stunning 43% Surge in Q4 Net Profit to €247M Amidst Market Challenges

Eni S.p.A. showcases resilience with a 43% increase in Q4 net profit to €247M, despite a 4.6% drop in operational sales and a challenging global energy market. The company's strate...

Eni's Q4 Earnings Surge: A 43% Jump to €247M Net Profit Amid Market Challenges

Eni S.p.A. reports a 43% increase in Q4 net profit to €247M, despite a 4.6% drop in sales and an operating loss of €363M. Annual net profit fell by 45% to €2.6B, with diluted earni...

Eni Records a Stunning 43% Surge in Q4 Net Profit, Reaching €247M

Eni S.p.A. announced a 43% increase in Q4 2024 net profit to €247M, despite a 4.6% drop in sales from operations. Total revenues rose by 4% to €24B, with earnings per diluted share...

Eni Successfully Completes Hybrid Bond Buyback with 83% Acceptance Rate

Eni SpA has successfully repurchased €1.215 billion of its €1.5 billion hybrid bond, achieving an 83% acceptance rate. This move is part of Eni's strategy to optimize its debt stru...