European stocks followed Asian equities lower on Monday on reports that China could stop propping up its equity markets.» Read More
Oil production is at the highest in a decade in Nigeria, but the surge is not likely to last long.
The head of Iraq's South Oil Company also insists that current developments have not affected and will not affect oil operations in the south.
An oil and gas giant, several banks and Switzerland-based food megacorp Nestle are among more than a dozen financial backers of the Rome event.
Italy proposed new managers for a number of state-backed companies on Monday in a shake-up aimed at breaking with old-style cronyism.
An Italian court has convicted the CEO of Eni to a prison sentence and a ban from holding public office for violating environmental norms.
Tensions between Russia and the West have flared once again—this time over gas supplies, but fund managers say Iran-style sanctions look unlikely.
Companies are preparing to launch unmanned aircraft in the Arctic this summer to aid in energy exploration, climatology research and shipping.
Paolo Scaroni, CEO of ENI, says the company is comfortable growing its dividend and continuing with its share buyback program.
Winter weather probably took a bite out of January's retail sales, while jobless claims data may also be affected.
Italian energy company Eni started closing the flow stations on a large Nigerian pipeline because of a fire.
"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.
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.
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.
European shares closed mixed on Wednesday despite investor sentiment being boosted by better-than-expected gross domestic product (GDP) growth from the U.S.
U.S. stock index futures shaved their early gains following a weaker-than-expected durable goods orders report and as Apple shares weighed.
Apple briefly got some of its shine back, after it delivered a package of capital programs that shareholders have been clamoring for.
Ireland is currently a 100 percent importer of oil, but Providence Resources means to produce 70 percent of the republic's demand.
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.
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.