Key facts: Eni to invest $8 billion in Egypt’s oil sector; Italy closes probe — TradingView News
- Eni plans to invest $8 billion in Egypt’s oil and gas sector, contributing to an initiative to drill 480 exploratory wells over the next five years to address a decline in natural gas output.1
- Italy’s competition authority has concluded its investigation into alleged unfair commercial practices related to Eni’s unit Plenitude, deciding to take no further action.2