ENI: 2014 Results – yoy NET Profit down 16%
Board of Directors approved group results for the fourth quarter and the full year 2014 (unaudited). Financial highlights Record cash flow1 over the last six years: €5.37 billion for the quarter (up 69%); €15.09 billion for the full year 2014 (up 37%); Leverage decreased to 0.22 (0.25 at the end …
ENI: CEO, Claudio Descalzi, Meets With The Prime Minister of Kazakhstan, Karim Massimov
The Prime Minister of Kazakhstan, Karim Massimov, and the Minister of Energy, Vladimir Shkolnik, met Eni’s CEO Claudio Descalzi today in Astana. In the meeting, Claudio Descalzi illustrated the positive progress of Eni’s activities in Kazakhstan, with a particular focus on the projects for the Kashagan and Karachaganak fields, and Eni’s …
ENI and KMG Sign Isatay Agreement
The agreement will result in KMG and Eni each holding 50% of exploration and production rights in Isatay, an offshore exploration area located in the north Caspian Sea In the presence of the President of the Republic of Kazakhstan, Nursultan Nazarbayev, and the Italian Prime Minister, Matteo Renzi, KazMunayGas’ (KMG) Chairman …