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  • With proven oil reserves of 340 billion barrels, the world's second-largest behind the Middle East, Latin America is trying to attract foreign capital for Colombia's onshore and offshore blocks as well as Argentina's large unconventional resources and Mexico's fast-track energy reforms.

  • With proven oil reserves of 340 billion barrels, the world's second-largest behind the Middle East, Latin America is trying to attract foreign capital for Colombia's onshore and offshore blocks, Argentina's large unconventional resources and Mexico's fast-track energy reform.

  • We are comfortable upping dividend: ENI CEO     Thursday, 13 Feb 2014 | 11:15 AM ET

    Paolo Scaroni, CEO of ENI, says the company is comfortable growing its dividend and continuing with its share buyback program.

  • Retail sales—Another chance to blame the weather Wednesday, 12 Feb 2014 | 8:17 PM ET
    Ice covers a statue of wolves outside Carter-Finley Stadium on February 12, 2014 in Raleigh, North Carolina.

    Winter weather probably took a bite out of January's retail sales, while jobless claims data may also be affected.

  • Eni shuts Nigerian oil pipeline after fire Sunday, 8 Dec 2013 | 8:57 AM ET

    Italian energy company Eni started closing the flow stations on a large Nigerian pipeline because of a fire.

  • Libya could become an oil 'paradise': Eni CEO Friday, 18 Oct 2013 | 2:00 AM ET

    "I am doubtful that Libyans will not catch this opportunity of becoming the new Abu Dhabi or the new Qatar," says Eni CEO Paolo Scaroni.

  • Paolo Scaroni, CEO of ENI, says the company will continue to supply fuel to Alitalia if the airline's survival is assured.

  • Italy seeks to lure back foreign investors Thursday, 19 Sep 2013 | 2:28 AM ET

    The Italian cabinet on Thursday is set to unveil tax incentives, consulting services and faster start-up rules for foreigners doing business in Italy, in a drive to lure more foreign investment.

  • Oil zooms as US, China data stoke demand hopes Thursday, 1 Aug 2013 | 2:56 PM ET

    U.S. crude oil prices climbed to the highest level in 10 days, after better-than-expected employment and manufacturing data brightened the economic outlook.

  • Europe shares close mixed despite US GDP boost Wednesday, 31 Jul 2013 | 11:55 AM ET

    European shares closed mixed on Wednesday despite investor sentiment being boosted by better-than-expected gross domestic product (GDP) growth from the U.S.

  • Futures Pare Gains After Durable Goods Orders Wednesday, 24 Apr 2013 | 9:17 AM ET

    U.S. stock index futures shaved their early gains following a weaker-than-expected durable goods orders report and as Apple shares weighed.

  • Apple's Roller-Coaster Ride to Set Market Tone Tuesday, 23 Apr 2013 | 8:38 PM ET

    Apple briefly got some of its shine back, after it delivered a package of capital programs that shareholders have been clamoring for.

  • A Pot of Black Gold at the End of the Irish Rainbow? Sunday, 21 Apr 2013 | 12:32 AM ET

    Ireland is currently a 100 percent importer of oil, but Providence Resources means to produce 70 percent of the republic's demand.

  • Cyprus' Bailout Hopes All About Petrodollars Friday, 22 Mar 2013 | 1:05 PM ET
    A sign on a Cyprus gas station limits customers to 30 euros to purchase gas.

    Cyprus has found itself right in the middle of a geopolitical game in which its gas potential is a tool in a showdown between Russia and the European Union.

  • ENI CEO Forecasting Oil Prices     Friday, 15 Mar 2013 | 3:50 AM ET

    Paolo Scaroni, CEO of ENI, promised to develop a plan of share buy back, if oil prices stay as high as where they are today, adding every time he makes a forecast on oil prices he is wrong.

  • Why US Gas Exports Will Shake Up Global Market Thursday, 7 Mar 2013 | 6:32 AM ET
    Men work on a natural gas valve at a hydraulic fracturing site in South Montrose, Pa.

    Despite objections, the U.S. is heading down the road to export natural gas, and that could ultimately help shake up world energy markets.

  • A worker positions a tool on a length of pipe while changing a tool on the drill on a Chief Oil and Gas, LLC natural gas rig in Mifflin Township, Pennsylvania.

    Suncor Energy has seen "a lot of interest" from potential merger partners, but is unlikely to consent to a deal with a large international company like ExxonMobil, Suncor's CEO said Tuesday.

  • US Oil and Gas Boom Takes Many by Surprise Monday, 4 Mar 2013 | 6:55 AM ET
    A worker positions a tool on a length of pipe while changing a tool on the drill on a Chief Oil and Gas, LLC natural gas rig in Mifflin Township, Pennsylvania.

    The U.S. oil production boom had been expected, but the magnitude of change in such a short period of time is a surprise.

  • Futures Trade Mixed Amid G20 Meeting Friday, 15 Feb 2013 | 9:16 AM ET

    U.S. stock index futures were narrowly mixed Friday as investors hesitated to jump in as finance ministers and central banks from the Group of 20 met in Moscow amid growing worries over a currency war.

  • Italian Defense Group Faces Fallout From India Crisis Thursday, 14 Feb 2013 | 11:43 PM ET
    Giuseppe Orsi, chief executive officer of Finmeccanica SpA, left, and general manager Alessandro Pansa

    The new head of Italian defense group Finmeccanica has inherited a corruption crisis over a $750 million helicopter deal with India that risks hurting the company's business.

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