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RARE PHOTOS: 5 | Vintage Vibes

ADNOC Reveals Second Gas Discovery in Abu Dhabi Offshore Block

Abu Dhabi National Oil Company (ADNOC) revealed on Friday a second discovery of natural gas resources in the first exploration well in Abu Dhabi's Offshore Block 2 Exploration Concession, operated by Eni. The find from a new deeper reservoir.

Asharq Al-Awsat

Algeria, Italy Sign Gas Deal Worth $4 Billion

Italian Prime Minister Mario Draghi held talks with Algeria’s president Monday to to boost gas deliveries and reduce Italy’s reliance on Russian supplies. President Abdelmadjid Tebboune welcomed Draghi and the two went on to sign agreements and memorandums of understanding in areas ranging from energy to sustainable development, justice and…

Asharq Al-Awsat

Europe's leaders look to ink energy deals to sidestep Russia

European leaders have ramped up their push to secure alternative energy supplies as fears escalate of a complete natural gas cutoff by Russia

The Independent UK

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Gas pipeline shutdown starts amid German suspicion of Russia

A major gas pipeline from Russia to Germany is shutting down for annual maintenance amid German concern that Russia may not resume the flow of gas as scheduled

The Independent UK

Shell Joins Qatar’s LNG Expansion Mega-Project

QatarEnergy on Tuesday signed a deal with Shell for the Gulf state's North Field East expansion, the first phase of the world's largest liquefied natural gas (LNG) project, following agreements with TotalEnergies, Exxon, ConocoPhillips and Eni. Shell will take a 6.25% stake in the North Field East expansion project, QatarEnergy…

Asharq Al-Awsat

War in Ukraine is driving demand for Africa's natural gas. That's controversial

The African natural gas industry is booming as Europe looks to replace Russian supplies. But some worry new African gas projects don't make financial sense in a warming world.

WEKU

This Foreboding Sign Looms Over Eni's Chart

If history is any guide, there may be trouble ahead for shares of Eni (NYSE:E). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions.

Benzinga

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NT's Power and Water Corporation buys gas from LNG exporters

The Northern Territory's electricity provider has pulled an emergency lever after its regular supplier could not deliver enough gas.

ABC News

Europe May Shift Back to Coal as Russia Turns Down Gas Flows

Europe's biggest Russian gas buyers raced to find alternative fuel supplies on Monday and could burn more coal to cope with reduced gas flows from Russia that threaten an energy crisis in winter if stores are not refilled. Germany, Italy, Austria and the Netherlands have all signaled that coal-fired power…

Asharq Al-Awsat

Qatar Announces Italy’s Eni as Second Partner in North Field East Project

Qatar signed a deal with Eni on Sunday on the expansion of the North Field East (NFE) Project, the world's largest liquefied natural gas (LNG) project, following on from an agreement with TotalEnergies earlier this month. QatarEnergy CEO Saad al-Kaabi said Eni would own 25 percent of a new joint…

Asharq Al-Awsat

Russia to 'Intensify' Fighting, Zelensky Warns as EU Decision Looms

Ukrainian President Volodymyr Zelensky warned that Russia was likely to intensify its "hostile activity" this week, as Kyiv awaits a historic decision from the European Union on its membership application. Nearly three months after Russia launched a bloody invasion of his country, Zelensky said there had been "few such fateful…

Asharq Al-Awsat

NT solar farms sitting idle, some more than two years after construction

Four solar farms in the Northern Territory are sitting idle, years after construction.

ABC News

Russia-Ukraine latest updates: Leaders back EU path for Kyiv

France, Germany, Italy and Romania leaders back Kyiv’s bid for EU membership and pledge more arms to fend off Russia.

Al Jazeera

How the Northern Territory has avoided the power crisis unfolding in the eastern states — for now

As the eastern states grapple with the perfect storm behind a rapidly worsening energy crisis, the skies over the Northern Territory's power system are pretty clear. Here's what makes the NT's situation different — for now.

ABC News

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Benzinga

Analyzing Eni's Short Interest

Eni's (NYSE:E) short percent of float has fallen 36.36% since its last report. The company recently reported that it has 1.30 million shares sold short, which is 0.07% of all regular shares that are available for trading.

Al Jazeera

Algeria plays balancing act as Europe tries cut Russian gas

Algeria could help some nations switch off from Russian gas but the geopolitical backdrop is complex, say analysts.

Radio France Internationale

Hungary's Orban escapes EU sanctions on Russian oil

Hungary's divisive leader has once again got his own way with the European Union - this time in tough negotiations on Russian oil at the recent summit in Brussels.

Asharq Al-Awsat

Italy’s ENI, NOC Discuss Plans to Develop Libya’s Oil Fields

Chairman of Libya’s National Oil Company (NOC) Mustafa Sanalla held talks with General Manager of Eni North Africa Antonio Bolsari in Tripoli on Wednesday. Sanalla’s Advisor Bashir Grea, the General Manager of Legal Affairs Dr. Kalfallah Ibrahim and the Project and Maintenance Manager Najmi Karim attended the meeting. Several topics…

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The Independent UK

Finland says Russia suspending natural gas supplies

Finland's state-owned energy company says Russia will cut off natural gas to Finland after the Nordic country that applied for NATO membership this week refused President Vladimir Putin’s demand to pay in rubles

Benzinga

Looking Into Eni's Recent Short Interest

Eni's (NYSE:E) short percent of float has risen 16.67% since its last report. The company recently reported that it has 2.58 million shares sold short, which is 0.14% of all regular shares that are available for trading.

The Independent UK

Europe's push to cut Russian gas faces a race against winter

Europeans are basking in the warmth of spring, but their governments are in a race against winter

StockNews.com

3 High-Yield Dividend Stocks to Buy in May: GlaxoSmithKline, A.P. Moeller-Maersk, and ENI

With the latest federal interest rate hike and the possibility of further monetary policy tightening, market indices have been going haywire. Because volatility is expected to persist, with experts fearing the economy will slip into recession, we think it could be wise to bet on high dividend-yielding stocks GlaxoSmithKline (GSK),…

Benzinga

Peering Into Eni's Recent Short Interest

Eni's (NYSE:E) short percent of float has fallen 14.29% since its last report. The company recently reported that it has 2.16 million shares sold short, which is 0.12% of all regular shares that are available for trading.

The Guardian - UK

German and Austrian energy firms seek to meet Putin’s terms for gas payments

Uniper and OMV to open rouble accounts with Gazprombank after Russia refuses dollars or euros

Asharq Al-Awsat

Egypt’s EGAS, Italy’s Eni Sign Agreement to Increase Gas Exports to Europe

The Egyptian Natural Gas Holding Company (EGAS) and Italy’s Eni signed on Wednesday a framework agreement that will allow to maximize gas production and liquefied natural gas (LNG) exports. The agreement aims to promote Egyptian LNG export to Europe, and specifically to Italy, in line with the transition to a…

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