Oil companies jostle for projects to boost Venezuelan output quickly; a real grind awaits [BNN Bloomberg (Canada)]
ENI S.p.A. (E)
US:NYSE Investor Relations:
eni.com/en_it/investors.page
Company Research
Source: BNN Bloomberg
The rig hit an oil pipeline as it passed through the lake and over the metallic spaghetti of 20,000 kilometers of pipes beneath the waters. Crude leaked for months before repairs could be made and the rig installed at the polluted lake late last year. The crude production increase has been small since then. The story of the Alula is a cautionary tale for the foreign energy companies such as U.S. oil major Chevron that are looking to quickly expand in Venezuela and take on the short-term projects needed to boost the country's oil output. Each step forward often brings a new host of challenges. Other foreign companies with a toehold in the country include Spain's Repsol, Italy's ENI, France's Maurel&Pro and China National Petroleum Corp. U.S. President Donald Trump wants American companies to spend US$100 billion to rebuild an oil industry that has suffered 20 years of neglect, mismanagement and underinvestment under the socialist presidents Hugo Chavez and Nicolas Maduro. Washin
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E
News
- ENI (NYSE:E) was upgraded by analysts at Erste Group Bank AG to a "strong-buy" rating.MarketBeat
- Oil companies jostle for projects to boost Venezuelan output quickly; a real grind awaits [Yahoo! Finance Canada]Yahoo! Finance Canada
- Anaergia, Eni and CREvolution Unveil Breakthrough Platform to Scale Demand for Biodiesel and SAFBusiness Wire
- ENI (NYSE:E) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- SOCAR Ventures into Africa through Baleine Deal with Eni [Yahoo! Finance]Yahoo! Finance
E
Sec Filings
- 2/18/26 - Form 6-K
- 2/11/26 - Form 6-K
- 2/4/26 - Form 6-K
- E's page on the SEC website