eni
Italian energy giant Eni on Monday said that its subsidiary has completed the acquisition of Atenoil, a Spanish company operating in the service station sector. Eni's mobility transformation company, Enilive Iberia, completed the purchase. The transaction has been approved by the relevant authorities. The deal comprises 21 service stations in the regions of Madrid, Andalusia and Castilla-La Mancha. With the purchase, the new stations will become part of Enilive Iberia's network, which will have a total of 38 stations in Spain. The deal is in line with Enilive's sustainable mobility development...
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Italian energy firm Eni said on Friday that it plans to launch a new share buyback programme. Eni said its board of director resolved to submit a proposal to the shareholders' meeting of May 15, 2024, called in ordinary session, to authorize the purchase of treasury shares for a period up to the end of April 2025 aimed at remunerating shareholders and implementing employee stock ownership plan. Eni intends to launch the new buyback programme in 2024 for an amount of €1.1 billion ($1.2 billion). This amount may be increased up to a total maximum of €3.5 billion, in case of upside scenarios of t...
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The British oil and gas company working in the North Sea, Ithaca Energy, said on Wednesday that its full year profit dropped to $215.6 million from $1.03 billion last year. The company noted that its full year result was impacted by a $557.9 million pre-tax impairment charge, or post-tax $154.0 million, principally in relation to the Greater Stella Area and Alba. Earnings per share (EPS) in US cents were 21.2 compared to 102.1. Adjusted EPS were 36.7 compared to 46.0. For the year ended December 31, 2023, revenue declined to $2.32 billion from $2.60 billion in the previous year. Ithaca Energy ...
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