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  • Russia, West ‘doomed to agree’ on gas issues Friday, 21 Mar 2014 | 10:44 AM ET
    A drilling rig stands at OAO Gazprom's Bovanenkovo gas field

    Tensions between Russia and the West have flared once again—this time over gas supplies, but fund managers say Iran-style sanctions look unlikely.

  • 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.

  • Scanning for profit: Drones invade the Arctic Thursday, 20 Feb 2014 | 9:00 AM ET

    Companies are preparing to launch unmanned aircraft in the Arctic this summer to aid in energy exploration, climatology research and shipping.

  • 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.