Italian oil and gas company Eni said on Friday the recovery in global crude prices along with record production helped it swing back into profit in 2017.
Italian giant Eni and fellow petroleum company Shell will stand trial in Italy over allegations of bribery and corruption in the 2011 purchase of an offshore oil block in Nigeria.
Italian energy giant Eni will start exploring for oil off Alaska after the United States authorized it to start drilling, despite environmental concerns.
Italian prosecutors have alleged that Nigeria's former president Goodluck Jonathan and his oil minister received kickbacks as part of a $1.3 billion deal involving oil giants ENI and Shell.
Mini oil slicks spotted off the Italian Riviera have largely dissolved and no longer pose a threat to the region's beaches, the official overseeing the clean-up operation said on Sunday.
A closely-watched Italian referendum on oil and gas drilling concessions failed to reach the required turnout threshold
on Sunday, in a win for Prime Minister Matteo Renzi who had urged voters to stay home.
An offshore platform a stone's throw from Dante's beach on Italy's Adriatic coast has become the focus of a
politically charged national referendum on the country's oil and gas drilling concessions.
Italy's main opposition parties threw down the gauntlet to Prime Minister Matteo Renzi's government on Saturday, with a no-confidence motion over a sleaze scandal which has already seen a top minister resign.
Italian producers have attacked an EU decision to remove customs duty on Tunisian olive oil, saying it threatens their livelihood and risks flooding Europe with fake oils.
Italy’s forestry police have uncovered a massive olive oil scam in Puglia, which involved the import of oils from Syria, Turkey, Morocco and Tunisia, which were tampered with before being sold as authentic Italian extra virgin olive oil.
Olive oil has been a staple part of the Italian diet since time immemorial. But how do you tell the real deal apart from the cheap copies flooding the market?
Seven Italian olive oil producers, including Bertolli, Sasso and Carapelli, are being investigated over allegations that the firms falsely sold olive oil products a “extra virgin”.
Saipem, Italy’s largest oil and gas contractor, plans to shed 8,800 jobs over the next two years as part of a restructuring plan, the company said on Tuesday.
UPDATED: An accidental explosion on an oil pipeline in Nigeria operated by Italian energy giant Eni left 12 people dead and three injured, the company said in a statement Friday.
New research from Harvard University suggests it could put years on your life. But a Mediterranean diet rich in pungent olive oil does not come cheap, and it is just about to get a lot more expensive.
Bad weather and pests have devastated much of Italy's olive harvest this year, meaning the much sought-after oil is only going to get pricier. But Pamela Sheldon Johns, an olive oil producer, says there is some room for optimism.
Ghana on Monday accepted a bid from Italian oil major Eni to develop its offshore oil and gas resources, part of an effort to boost the west African nation's nascent energy sector, officials said.
Italy's oil and gas giant Eni achieved a 2.5-percent rise in net profit in the third quarter, it said on Thursday despite a drop in production and falling oil prices.
UPDATED: Eni, the Italian oil and gas giant, has pledged "full cooperation" with the authorities after it was revealed that a former marketing chief and a current manager are being probed for alleged tax evasion.
Shares in Italian energy giant Eni slid on Thursday after it emerged that the company's chief executive is being investigated over suspected corruption linked to a billion-dollar oil deal in Nigeria.
