Italian oil giant nears fivefold bottom-line increase
Despite a production drop, Eni has managed to lift revenues markedly during the third quarter thanks to its international business.
by mathias julius falkengaard, translated by daniel pedersen
While it is true that Eni’s oil and gas production went down 7% compared to the same time last year, making for 1.58 million barrels of oil equivalent per day in Q3, the barrels produced, containing either oil or gas, have been worth much more this year.
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