Tag Archives | Paolo Scaroni

ENI Scaroni, 'everything fine in Libya, await July 7 vote'

ENI's activity in Libya is continuing without problems. The group is awaiting the elections in Libya, scheduled for July 7th which will give the country a constituent assembly. ENI CEO Paolo Scaroni explained the situation speaking aside at an event in Vicenza. "In Libya everything is fine, we are awaiting the July 7th elections, when […]

ENI profits soar 42% as Libya output resumes

Italian oil giant ENI said that its first quarter net profit soared 42 per cent to €3.617 billion on the resumption of production in Libya and higher crude prices. Overall output, however, fell slightly by 0.6 per cent to 1.674 million barrels of oil equivalent per day, although the company said it was expecting production […]

Libya helps give Italy's Eni a Q1 profit boost

Italy's largest energy company Eni SpA said Friday that its first-quarter profits rose 42 percent on increased production in Libya and higher prices. The Rome-based company said net profit for the first three months of 2012 was €3.62 billion ($4.78 billion), up from €2.55 billion in the same period last year, even though oil and […]

Eni not worried about Libya contract revisions- CEO

Italy's oil and gas group Eni is not worried about potential revisions of its contracts in Libya where it expects to produce about 260,000 barrels per day at the end of 2012, Eni Chief Executive Paolo Scaroni told Reuters on Friday. Libya, where Eni is the biggest foreign oil operator, has started investigating foreign oil […]

Unity Through Gas Pipelines

A little over a month after Libya's National Transitional Council had taken control of the eastern part of the country, Paolo Scaroni, chief executive of Italian energy company Eni SpA, boarded a helicopter from a carrier anchored in the Mediterranean Sea. His destination was the port city of Benghazi, where a meeting had been arranged with forces fighting […]