(Oil Price) – Eni SpA has closed the sale of its upstream assets in Alaska to U.S. privately-owned oil and gas producer Hilcorp for $1 billion as the Italian energy major looks to divest non-core assets. Eni sold 100% of its Nikaitchuq and Oooguruk assets in Alaska after receiving approvals from all relevant authorities, the company said on Monday. The Italian firm will
(World Oil) – Eni SpA has received substantial interest for its next floating liquefied natural gas project in Mozambique, even as international lenders face growing pressure to reduce exposure to fossil fuels. Luca Vignati, director of Eni’s upstream business, said in an interview that the plant will cost about the same as its $7 billion Coral South project, inaugurated in 2022.
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