The natural gas upswing in the U.S. has been well-documented, but famed short-seller Jim Chanos says he's a "glass half-empty kind of guy" and there's a downside to boom.» Read More
ROME, Oct 9- Italy's state investment holding company Cassa Depositi e Prestiti said on Tuesday it had completed the sale of a 3.3 percent stake in oil group Eni, selling some 58.3 million shares between Sept. 24 and Oct. 9 for around 1 billion euros.
*Says hopes to be profitable in France "very quickly". launched a retail gas offer in France on Tuesday, hoping to triple its number of customers by 2016 in a tightly-knit market still dominated by former monopoly GDF Suez.
*CDP to sell Eni shares to help fund Snam stake buy. MILAN, Oct 9- A placement of shares in oil and gas group Eni on Tuesday was made on behalf of Italian state-controlled finance group Cassa Depositi e Prestiti, sources said, as part of plans for Eni to exit gas network company Snam.
ROME, Oct 9- Italy's central government plans to take charge of energy and infrastructure policies currently controlled at the regional level, Prime Minister Mario Monti told local administrators on Tuesday, according to a source present at the meeting. Monti was outlining measures the cabinet plans to take at a meeting later on Tuesday.
*Iraq oil official sees 2.8 mbpd Oct exports. LONDON, Oct 9- Iraq's oil exports are expected to rise to their highest in decades this month and production is on course to more than double by 2020, as it cements its place as OPEC's second-biggest producer after Saudi Arabia.
LONDON, Oct 5- Royal Dutch Shell's Nigerian joint venture Shell Petroleum Development Company of Nigeria on Friday declared force majeure on its gas supply after an attempt to steal crude oil from a pipeline led to a fire, the company said in statement.
LONDON, Oct 9- Iraq's oil exports are expected to rise to their highest in decades this month and production is on course to more than double by 2020, as it cements its place as OPEC's second-biggest producer after Saudi Arabia.
LONDON, Oct 9- Iraq's oil production is on course to more than double by 2020, the International Energy Agency said, although delays to investment could tighten the global market in coming decades and push prices higher.
Shares in French movie studio EuropaCorp surge 13 percent after Liam Neeson thriller "Taken 2", which it co-produced, captures the No. 1 spot on movie box office charts over the weekend.
LONDON, Oct 6- Shell on Friday declared force majeure on its gas deliveries from Nigeria's liquefied natural gas plant after an attempt to steal crude oil from a pipeline led to a fire, it said. Shell, which has a 25.6 percent stake in Nigeria LNG, on Sunday shut its 28- inch Bomu-Bonny trunk line after oil thieves caused a fire, it said.
LONDON, Oct 5- Nigeria liquefied natural gas on Friday declared a force majeure on plant output after an attempt to steal crude oil from a pipeline led to a fire, Shell said. Shell, which has a 25.6 percent stake in Nigeria LNG, on Sunday shut its 28- inch Bomu-Bonny trunk line after oil thieves caused a fire, it said.
OSLO, Oct 5- Eni has discovered gas and condensate northwest of the Snoehvit field in the Barents Sea, the Norwegian Petroleum Directorate said on Friday. and Det Norske holding 20 percent each. Det Norske said in a separate statement that the gas discovery is not considered commercial.
OSLO, Oct 5- Det Norske Oljeselskap:. *Says gas discovery on the Salina prospect in production license 533, operated by Eni. *says estimate of recoverable gas volumes is between six.
Italy faces the risk of a credit crunch when its banks have to repay the cheap three-year loans they took from the European Central Bank, the chairman of the country's third-biggest lender Monte dei Paschi said on Thursday.
VIENNA, Oct 5- Austrian energy group OMV. OMV and its joint venture partners, Italy's Eni and U.S. power company PPL, will invest 107 million euros to drill and complete new wells and build a new pipeline to connect Latif with its Sawan processing plant.
MILAN, Oct 4- Italy's Eni will increase its oil and gas output to 2.5-3.0 million barrels of oil equivalent per day in five-six years time from 1.8 million boe/day today, its Chief Executive Paolo Scaroni said on Thursday.
*Credit Suisse raises Eni target price to 21.2 euros from 20.5 euros;. rating outperform For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
MILAN, Oct 3- Italian oil services company Saipem. said on Wednesday it was awarded a three-year $550 million contract from Statoil to provide drilling services in the off Norway. Scarabeo 5 has been working continuously since 1990 in the Norwegian North Sea.
ROME, Oct 3- The need to guarantee energy supplies means it would not be wise for the Italian government to sell more stakes in energy company Eni or utility Enel, Economy Minister Vittorio Grilli said on Wednesday. The state directly or indirectly controls around 31 percent of Enel and roughly the same proportion of ENI.
By Robin Paxton and Mariya Gordeyeva ASTANA, Oct 2- U.S. oil major ConocoPhillips. Asked on Tuesday whether ConocoPhillips would sell its stake in the consortium, Kazakh Oil and Gas Minister Sauat Mynbayev told reporters: "They have informed that they have the intention of selling."